South-South and North-South Cooperation: The New Dynamics of the Global Economy

One of the first parallel sessions of the conference attracted 20 participants to hear three speakers presenting an ongoing joint research project between UN-CRIS and UN-WIDER. The session, entitled ‘South-South Integration in a North-South Context’ explored the development impacts of South-South trade agreements compared to the alternative, and often more favoured North-South Integration.

South-South trade agreements continue to grow in popularity despite the argument that they do not provide the same socio-economic benefits as North-South agreements (of 61 Regional Arrangements studied by the project, 40 are south-south). In reality, there is little evidence to support this view. Read more of this post

Improving Asia’s cross-border infrastructure: ‘new model asia’

Having faced two financial crises in little over a decade members of the Asian economic community urges policy makers to improve infrastructure across the whole of Asia to increase interdependence amongst its member states.

GDN’s Japan advisor Professor Kaoru Hayashi chaired Parallel 1.2: ‘Economic Integration in Asia, Trade, Infrastructure and Finance’. The discussion focused on the prospects of improving Asia’s infrastructure and the potential of a single Asian Monetary policy that, if managed correctly, would promote economic integration in the region. Read more of this post

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