The New Silk Roads: East Asia and World Textile Markets by Kym Anderson
By Kym Anderson
For hundreds of years Asia provided the fabric factories of Europe with ordinary fibers, together with silk from East Asia through the so-called Silk street. Now in contrast, East Asia exports almost no typical fibers and in its place is the world's most crucial exporter of synthetic fabric items and leader importer of fibers. The ebook demonstrates that regardless of the import limitations erected through complex economies, textiles and garments creation proceed to function an engine of progress for constructing economies looking to export their method out of poverty. The papers during this e-book hint the improvement of the altering international marketplace, not ruled through Europe yet particularly by means of the hot industrialized economies of Korea, Taiwan, Hong Kong and more and more, China and Thailand. in addition they handle the way complicated industrialized international locations have replied to East Asia's progress and speak about the potential implications of ecu unification in 1992 on those markets.
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Extra resources for The New Silk Roads: East Asia and World Textile Markets (Trade and Development)
The peak in this index is later than in the earlier-mentioned indicators because the share of these items in world trade started falling earlier than did the share in Japan's exports, reflecting Japan's late emergence as an advanced industrial economy. 2: The trade dependence of Japan's textile and clothing manufacturing industries, 1874 to 1988 (per cent, value based) Share of production Share of domestic sales supplied by imports exported 2 42 1874-81 5 29 1882-91 13 16 1892-1901 26 15 1902-11 27 5 1912-21 27 7 1922-31 29 3 1932-39 1951-55 1956-60 1961-65 1966-70 1971-75 1976-80 1981-85 1986-88 24 23 18 17 14 13 13 9 1 1 1 2 5 7 8 10 Sources: Calculated from production and trade data in Statistical Bureau, Management and Coordination Agency, Japan Statistical Yearbook, Tokyo, various issues, and I.
2: 11 Index of intra-industry trade" in textiles and clothing, various industrial market economies, 1965 to 1987 (per cent in value terms) Australia Canada France Textiles 1965-69 1975-79 1985-87 91 87 77 72 73 64 -32 5 12 Clothing 1965-69 1975-79 1985-87 66 90 91 54 65 67 -27 -6 25 West Germany Hong Kong Italy Japan Sweden United Kingdom United States 7 1 -10 31 44 58 -52 -32 -27 -86 -49 -39 60 44 31 -20 5 30 25 -8 38 32 48 46 -86 -86 -47 -85 -79 -72 -90 44 63 52 60 67 10 21 31 59 74 91 a Imports minus exports as a percentage of imports plus exports.
Since that time those shares have declined steadily so that at present the primary sector is contributing less than 10 per cent of employment and less than 3 per cent to GDP and to exports. 8 Gross domestic product shares in the prewar period are at constant 1934-36 prices, thereafter at current prices. Numbers in parentheses are for raw silk (the only natural fibre exported). Indexes of import and export specialization are the share of these items in Japan's trade as a ratio of the share of those items in world trade.