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Full-Text Articles in Social and Behavioral Sciences
Setting The Agenda: Asia And Latin America In The 21st Century, Ariel C. Armony
Setting The Agenda: Asia And Latin America In The 21st Century, Ariel C. Armony
Center for Latin American Studies Publications
Latin America and Asia are among the world’s fastest growing regions. Trade between Asia and Latin American and Caribbean countries has risen dramatically in recent years. It is undeniable that Asia now plays a formidable role in the economic development of the region. This publication emerges out of the University of Miami’s 2012 “Asia and Latin America in the 21st Century” conference, where leaders from academic, policy, business, and media communities from around the world convened to address the macroeconomic trends, trade relations, and sociopolitical trends that have emerged as the links between Asia and Latin America strengthen. Organized …
Comparative Advantage, Scale Economy And Regional Specialization：An Empirical Analysis On China’S Industries, Zheng Lu, Xiang Deng
Comparative Advantage, Scale Economy And Regional Specialization：An Empirical Analysis On China’S Industries, Zheng Lu, Xiang Deng
Zheng Lu (Chinese: 路征)
Current empirical studies on regional specialization mainly focused on measurement of China’s overall regional specialization level, while determinants of industrial geographical distribution, namely the regional specialization pattern, are just paid few attentions. This paper analyzed the regional specialization pattern empirically by employing statistical data of China two-digit industries from 1987 to 2007 through estimating a model which takes comparative advantage and scale economy as driven factors of industrial geographical concentration. Conclusions show that the overall regional specialization of Chinese industries increased between 1987 and 2007, however, it decreased obviously in 1990s. And, scale economy rather than comparative advantage arising from …
Un-Obtainium: The Quest For Rare Earth Elements, Brahm Heyman
Un-Obtainium: The Quest For Rare Earth Elements, Brahm Heyman
International Political Economy Theses
The 17 "rare earth elements" are essential for the development of new technologies. Over the last several decades, China has established a virtual monopoly on the rare earth industry, producing over 97% of the world's current demand. This was achieved by effectively undercutting other producers who stopped competing in this market. In 2010, in an effort to bolster its domestic market, China decided to reduce the amount of rare earth elements that it would export. This situation can be used to consider China's relations with the rest of the world from two perspectives. (1) The realist perspective views China's actions …