Assessing the potential and direction of agricultural trade within the ESCAP region
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RT Generic T1 Assessing the potential and direction of agricultural trade within the ESCAP region A1 UN.ESCAP, YR 1995 LK https://hdl.handle.net/20.500.12870/6177 PB UN.ESCAP AB <p>World agriculture has undergone substantial structural adjustments since the 1980s, and during this period the ESCAP region has emerged as one of the world's fastest growing regional markets for agricultural products.</p> <p>At the global level, the future outlook for agricultural trade depends on a number of self-reinforcing factors of change. Some of these are new, such as the emergence of newly independent states and ongoing market reforms in several economies of the region while others although not new, appear new in form, such as the realignment of external debts, trade liberalization under the Final Act of the Uruguay Round of multilateral trade negotiations and regional trade arrangements.</p> <p>In the ESCAP region, agricultural trade with the rest of the world has grown faster than trade among the ESCAP members and associate members, thus resulting in a decreasing share of intraregional trade. This is largely due to the asymmetry in the composition of trade. While agricultural trade within the region consists mainly of primary commodities, exports to the rest of the world have been mostly value-added agro-based products.</p> <p>However, the prospects for the region's agricultural trade seem to point towards an expansion of intraregional trade, fuelled by a number of mutually reinforcing factors such as growing regional economic interdependence, increased industrialization, trade liberalization and growing economic affluence in the region. Moreover, on the supply side, increased foreign investment and relocation of production facilities from Japan, the newly industrializing economies (NIEs) and, more recently, the member countries of the Association of South East Asian Nations (ASEAN) to other developing countries within the ESCAP region are expected to impact further on production, product specialization and intraregional trade patterns of agricultural products.</p> <p>Similarly on the demand side, accelerated urbanization and the growing number of people in the middle-income group in the region have led to greater diversification in food consumption patterns away from traditional staples, thereby impacting directly on the nature of trade flows in agricultural products.</p> <p>However, despite this growing potential for increased intraregional trade flows, there is reason to believe that intraregional trade is being artificially restrained by policies which discriminate against particular commodities traded in the region. Increasingly, this will require a rethinking of such policies because the region could make significant gains from a new division of labour. In short, agricultural policy reforms that encourage technological progress and that increase agricultural productivity, trade, rural employment and the welfare of people have become a necessary condition to bring about economic and social development of the region.</p> OL English(30) TY - GEN T1 - Assessing the potential and direction of agricultural trade within the ESCAP region AU - UN.ESCAP Y1 - 1995 UR - https://hdl.handle.net/20.500.12870/6177 PB - UN.ESCAP AB -World agriculture has undergone substantial structural adjustments since the 1980s, and during this period the ESCAP region has emerged as one of the world's fastest growing regional markets for agricultural products.
At the global level, the future outlook for agricultural trade depends on a number of self-reinforcing factors of change. Some of these are new, such as the emergence of newly independent states and ongoing market reforms in several economies of the region while others although not new, appear new in form, such as the realignment of external debts, trade liberalization under the Final Act of the Uruguay Round of multilateral trade negotiations and regional trade arrangements.
In the ESCAP region, agricultural trade with the rest of the world has grown faster than trade among the ESCAP members and associate members, thus resulting in a decreasing share of intraregional trade. This is largely due to the asymmetry in the composition of trade. While agricultural trade within the region consists mainly of primary commodities, exports to the rest of the world have been mostly value-added agro-based products.
However, the prospects for the region's agricultural trade seem to point towards an expansion of intraregional trade, fuelled by a number of mutually reinforcing factors such as growing regional economic interdependence, increased industrialization, trade liberalization and growing economic affluence in the region. Moreover, on the supply side, increased foreign investment and relocation of production facilities from Japan, the newly industrializing economies (NIEs) and, more recently, the member countries of the Association of South East Asian Nations (ASEAN) to other developing countries within the ESCAP region are expected to impact further on production, product specialization and intraregional trade patterns of agricultural products.
Similarly on the demand side, accelerated urbanization and the growing number of people in the middle-income group in the region have led to greater diversification in food consumption patterns away from traditional staples, thereby impacting directly on the nature of trade flows in agricultural products.
However, despite this growing potential for increased intraregional trade flows, there is reason to believe that intraregional trade is being artificially restrained by policies which discriminate against particular commodities traded in the region. Increasingly, this will require a rethinking of such policies because the region could make significant gains from a new division of labour. In short, agricultural policy reforms that encourage technological progress and that increase agricultural productivity, trade, rural employment and the welfare of people have become a necessary condition to bring about economic and social development of the region.
@misc{20.500.12870_6177 author = {UN.ESCAP}, title = {Assessing the potential and direction of agricultural trade within the ESCAP region}, year = {1995}, abstract = {World agriculture has undergone substantial structural adjustments since the 1980s, and during this period the ESCAP region has emerged as one of the world's fastest growing regional markets for agricultural products.
At the global level, the future outlook for agricultural trade depends on a number of self-reinforcing factors of change. Some of these are new, such as the emergence of newly independent states and ongoing market reforms in several economies of the region while others although not new, appear new in form, such as the realignment of external debts, trade liberalization under the Final Act of the Uruguay Round of multilateral trade negotiations and regional trade arrangements.
In the ESCAP region, agricultural trade with the rest of the world has grown faster than trade among the ESCAP members and associate members, thus resulting in a decreasing share of intraregional trade. This is largely due to the asymmetry in the composition of trade. While agricultural trade within the region consists mainly of primary commodities, exports to the rest of the world have been mostly value-added agro-based products.
However, the prospects for the region's agricultural trade seem to point towards an expansion of intraregional trade, fuelled by a number of mutually reinforcing factors such as growing regional economic interdependence, increased industrialization, trade liberalization and growing economic affluence in the region. Moreover, on the supply side, increased foreign investment and relocation of production facilities from Japan, the newly industrializing economies (NIEs) and, more recently, the member countries of the Association of South East Asian Nations (ASEAN) to other developing countries within the ESCAP region are expected to impact further on production, product specialization and intraregional trade patterns of agricultural products.
Similarly on the demand side, accelerated urbanization and the growing number of people in the middle-income group in the region have led to greater diversification in food consumption patterns away from traditional staples, thereby impacting directly on the nature of trade flows in agricultural products.
However, despite this growing potential for increased intraregional trade flows, there is reason to believe that intraregional trade is being artificially restrained by policies which discriminate against particular commodities traded in the region. Increasingly, this will require a rethinking of such policies because the region could make significant gains from a new division of labour. In short, agricultural policy reforms that encourage technological progress and that increase agricultural productivity, trade, rural employment and the welfare of people have become a necessary condition to bring about economic and social development of the region.
}, url = {https://hdl.handle.net/20.500.12870/6177} } @misc{20.500.12870_6177 author = {UN.ESCAP}, title = {Assessing the potential and direction of agricultural trade within the ESCAP region}, year = {1995}, abstract = {World agriculture has undergone substantial structural adjustments since the 1980s, and during this period the ESCAP region has emerged as one of the world's fastest growing regional markets for agricultural products.
At the global level, the future outlook for agricultural trade depends on a number of self-reinforcing factors of change. Some of these are new, such as the emergence of newly independent states and ongoing market reforms in several economies of the region while others although not new, appear new in form, such as the realignment of external debts, trade liberalization under the Final Act of the Uruguay Round of multilateral trade negotiations and regional trade arrangements.
In the ESCAP region, agricultural trade with the rest of the world has grown faster than trade among the ESCAP members and associate members, thus resulting in a decreasing share of intraregional trade. This is largely due to the asymmetry in the composition of trade. While agricultural trade within the region consists mainly of primary commodities, exports to the rest of the world have been mostly value-added agro-based products.
However, the prospects for the region's agricultural trade seem to point towards an expansion of intraregional trade, fuelled by a number of mutually reinforcing factors such as growing regional economic interdependence, increased industrialization, trade liberalization and growing economic affluence in the region. Moreover, on the supply side, increased foreign investment and relocation of production facilities from Japan, the newly industrializing economies (NIEs) and, more recently, the member countries of the Association of South East Asian Nations (ASEAN) to other developing countries within the ESCAP region are expected to impact further on production, product specialization and intraregional trade patterns of agricultural products.
Similarly on the demand side, accelerated urbanization and the growing number of people in the middle-income group in the region have led to greater diversification in food consumption patterns away from traditional staples, thereby impacting directly on the nature of trade flows in agricultural products.
However, despite this growing potential for increased intraregional trade flows, there is reason to believe that intraregional trade is being artificially restrained by policies which discriminate against particular commodities traded in the region. Increasingly, this will require a rethinking of such policies because the region could make significant gains from a new division of labour. In short, agricultural policy reforms that encourage technological progress and that increase agricultural productivity, trade, rural employment and the welfare of people have become a necessary condition to bring about economic and social development of the region.
}, url = {https://hdl.handle.net/20.500.12870/6177} } TY - GEN T1 - Assessing the potential and direction of agricultural trade within the ESCAP region AU - UN.ESCAP UR - https://hdl.handle.net/20.500.12870/6177 PB - UN.ESCAP AB -World agriculture has undergone substantial structural adjustments since the 1980s, and during this period the ESCAP region has emerged as one of the world's fastest growing regional markets for agricultural products.
At the global level, the future outlook for agricultural trade depends on a number of self-reinforcing factors of change. Some of these are new, such as the emergence of newly independent states and ongoing market reforms in several economies of the region while others although not new, appear new in form, such as the realignment of external debts, trade liberalization under the Final Act of the Uruguay Round of multilateral trade negotiations and regional trade arrangements.
In the ESCAP region, agricultural trade with the rest of the world has grown faster than trade among the ESCAP members and associate members, thus resulting in a decreasing share of intraregional trade. This is largely due to the asymmetry in the composition of trade. While agricultural trade within the region consists mainly of primary commodities, exports to the rest of the world have been mostly value-added agro-based products.
However, the prospects for the region's agricultural trade seem to point towards an expansion of intraregional trade, fuelled by a number of mutually reinforcing factors such as growing regional economic interdependence, increased industrialization, trade liberalization and growing economic affluence in the region. Moreover, on the supply side, increased foreign investment and relocation of production facilities from Japan, the newly industrializing economies (NIEs) and, more recently, the member countries of the Association of South East Asian Nations (ASEAN) to other developing countries within the ESCAP region are expected to impact further on production, product specialization and intraregional trade patterns of agricultural products.
Similarly on the demand side, accelerated urbanization and the growing number of people in the middle-income group in the region have led to greater diversification in food consumption patterns away from traditional staples, thereby impacting directly on the nature of trade flows in agricultural products.
However, despite this growing potential for increased intraregional trade flows, there is reason to believe that intraregional trade is being artificially restrained by policies which discriminate against particular commodities traded in the region. Increasingly, this will require a rethinking of such policies because the region could make significant gains from a new division of labour. In short, agricultural policy reforms that encourage technological progress and that increase agricultural productivity, trade, rural employment and the welfare of people have become a necessary condition to bring about economic and social development of the region.
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World agriculture has undergone substantial structural adjustments since the 1980s, and during this period the ESCAP region has emerged as one of the world's fastest growing regional markets for agricultural products.
At the global level, the future outlook for agricultural trade depends on a number of self-reinforcing factors of change. Some of these are new, such as the emergence of newly independent states and ongoing market reforms in several economies of the region while others although not new, appear new in form, such as the realignment of external debts, trade liberalization under the Final Act of the Uruguay Round of multilateral trade negotiations and regional trade arrangements.
In the ESCAP region, agricultural trade with the rest of the world has grown faster than trade among the ESCAP members and associate members, thus resulting in a decreasing share of intraregional trade. This is largely due to the asymmetry in the composition of trade. While agricultural trade within the region consists mainly of primary commodities, exports to the rest of the world have been mostly value-added agro-based products.
However, the prospects for the region's agricultural trade seem to point towards an expansion of intraregional trade, fuelled by a number of mutually reinforcing factors such as growing regional economic interdependence, increased industrialization, trade liberalization and growing economic affluence in the region. Moreover, on the supply side, increased foreign investment and relocation of production facilities from Japan, the newly industrializing economies (NIEs) and, more recently, the member countries of the Association of South East Asian Nations (ASEAN) to other developing countries within the ESCAP region are expected to impact further on production, product specialization and intraregional trade patterns of agricultural products.
Similarly on the demand side, accelerated urbanization and the growing number of people in the middle-income group in the region have led to greater diversification in food consumption patterns away from traditional staples, thereby impacting directly on the nature of trade flows in agricultural products.
However, despite this growing potential for increased intraregional trade flows, there is reason to believe that intraregional trade is being artificially restrained by policies which discriminate against particular commodities traded in the region. Increasingly, this will require a rethinking of such policies because the region could make significant gains from a new division of labour. In short, agricultural policy reforms that encourage technological progress and that increase agricultural productivity, trade, rural employment and the welfare of people have become a necessary condition to bring about economic and social development of the region.