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Trade, growth and economic inequality in the Asia-Pacific region : Lessons for policymakers

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  • Trade, growth and economic inequality in the Asia-Pacific region
  • GREANEY, M. Theresa; KARACAOVALI, Baybars
  • KSP Journals


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Title Trade, growth and economic inequality in the Asia-Pacific region
Similar Titles
Sub Title

Lessons for policymakers

Material Type Articles
Author(English)

GREANEY, M. Theresa; KARACAOVALI, Baybars

Publisher

[Istanbul],[Turkey] : KSP Journals

Date 2017-06
Journal Title; Vol./Issue Journal of Economics and Political Economy:vol.4(issue 2)
Pages 9
Subject Country Asia & Pacific(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Trade
Economy < Economic Conditions
Economy < Economic Administration
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Abstract

This policy brief is intended to provide policymakers with a summary of the results of our research project entitled “Trade, Growth and Economic Inequality in the Asia-Pacific Region”, which explores and documents the linkages between international trade and inequality in the Asia-Pacific Region (APR).The project’s eleven research papers appeared in a special issue of the Journal of Asian Economics in February 2017. Overall, we conclude that the relationships between international trade, foreign direct investment (FDI), economic growth and inequality are extremely complicated, so no single theory should be relied upon for policy guidance across all APR countries with their varying stages of development and unique characteristics. Our studies find some evidence that trade or FDI contribute to inequality, some evidence that it reduces inequality and some evidence of no causal relationship.