Conventional explanations of rapid growth in East Asia have focused on the efficient allocation of resources resulting from market-led outward-oriented strategies. This study challenges that approach. East Asian success has centred around the accumulation dynamic both because of its direct importance to the growth process and also because of its close and interdependent linkages with exports. On this basis the study considers the institutions and policies which were used to manage economic rents in support of rapid growth and to ensure a more strategic and orderly integration into the world economy. The study also examines the contribution of regional trade and investment flows to East Asian industrialisation. The potential for replicating similar strategies is considered.
Using panel data, we find evidence for significant direct and indirect effects of trade on carbon emissions. Trade tends to increase the emissions burden, especially in those less industrialized countries. We also find evidence for a U-shaped relationship between income per capita and carbon emissions. We discuss the effectiveness of emission reduction policies in light of these results and advance some proposals to reconcile environmental and trade policymaking.A partir de donne´es de panel, nous constatons que le commerce a des effets directs et indirects significatifs sur les e´missions de carbone. Le commerce tend a`accroıˆtre la charge des e´missions, particulie`rement dans les pays moins industrialise´s. Les donne´es mettent e´galement en e´vidence une relation en forme de U entre le revenu par habitant et les e´missions de carbone. Au vu de ces re´sultats, nous e´valuons l'efficacite´des politiques de re´duction des e´missions et formulons des propositions pour concilier l'e´laboration des politiques commerciales et celle des politiques environnementales
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