The New Silk Roads
East Asia and World Textile Markets

This 1992 book is based on selected papers given at a conference which discussed East Asia's role in world fibre, textile and clothing markets.

Kym Anderson (Edited by)

9780521110518, Cambridge University Press

Paperback, published 7 May 2009

272 pages
21.6 x 14 x 1.6 cm, 0.35 kg

"An extensive appendix and bibliography covering world trade in textiles adds to the usefulness of the book for specialists. However, the main interest to the general reader will be its implications as to the changing nature of world economic development. The New Silk Road is much broader than the Old Silk Road." Donald J. Senese, Journal of Social, Political, and Economic Studies

The changing patterns of production and trade in fibres, textiles and clothing provide a classic case study of the dynamics of our interdependent world economy. For centuries Asia supplied the textile factories of Europe with natural fibres, including silk from East Asia exports virtually no natural fibres and instead is the world's most important exporter of manufactured textile products and chief importer of fibres. New Silk Roads, first published in 1992, demonstrates that despite the import barriers erected by advanced economies, textiles and clothing production continues to serve as an engine of growth for developing economies seeking to export their way out of poverty. This book is based on selected papers given at a conference which discussed East Asia's role in world fibre, textile and clothing markets. It draws on trade and development theory as well as on historical evidence to trace the development of these changing markets, which are now dominated by the newly industrialized economies of Korea, Taiwan and Hong Kong and, increasingly, China and Thailand.

List of figures
List of tables
Preface
Abbreviations and acronyms
Symbols
Introduction and summary Kym Anderson
Part I. Fibres, Textiles and Economic Development: 1. The changing role of fibres, textiles and clothing as economies grow Kym Anderson
2. The experience of Japan in historical and international perspective Young-Il Park and Kym Anderson
3. Effects of China's dramatic reforms on its neighbours and on world markets Kym Anderson and Young-Il Park
4. Thailand's growth in textile and clothing exports Suphat Suphachalasai
Part II. Demand For Textile Exports From Newly Industrializing Asia: 5. The Multi-Fibre Arrangement and China's growth prospects John Whalley
6. International competition and Japan's domestic adjustments Hideki Yamawaki
7. The new silk road to Europe Carl B. Hamilton
8. The redirection of United States imports Joseph Pelzman
9. Structural adjustments in Australia and New Zealand Peter J. Lloyd
Part III. Conclusions: 10. Future prospects and policy implications Kym Anderson
Appendix
Bibliography
Index.

Subject Areas: Economics [KC]