Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/109414
Authors: 
Jha, Shikha
McCawley, Peter
Year of Publication: 
2011
Series/Report no.: 
ADB Economics Working Paper Series 270
Abstract: 
The nature of South–South international economic relations has changed significantly in recent decades, especially since the early 1990s. In areas such as trade, investment, labor markets, technology, and policy coordination, regional cooperation between countries of the South and pro-market policies have supported a rapid growth in South–South linkages. Looking ahead, the prospects are that the changing architecture of international economic relations that South–South cooperation has underpinned will contribute to growth across the developing world. Governments in developing countries of the Asia and Pacific region can foster expanded South–South cooperation by strengthening the capacity of governments to support pro-market policies. Potential gains for the region include expanded opportunities to promote growth and productivity, openings to expand connectivity between and within countries, a stronger collective voice in global decision making, more effective regional institutions, and improved economic security and stability.
Subjects: 
South-South economic linkages
trade
investment
labor markets
policy coordination
regional cooperation
JEL: 
F02
F15
F21
F22
F42
F55
O19
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/3.0/igo
Document Type: 
Working Paper

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