DocumentCode :
591731
Title :
International trade competitiveness of emerging ASEAN5+4 countries
Author :
Ho, C.S.F. ; Karim, N.A.
Author_Institution :
Inst. of Bus. Excellence, Univ. Teknol. MARA, Shah Alam, Malaysia
fYear :
2012
fDate :
23-26 Sept. 2012
Firstpage :
74
Lastpage :
79
Abstract :
This paper investigates significant factors that improve international trade competitiveness of ASEAN5+4 countries. Due to worldwide liberalization and globalization policies which promote borderless flow of capital and goods, international trade is vital to the development of emerging nations in attracting investments and facilitating expansion. Results from this study uncover that exchange rate and economic growth play very significant role in improving trade competiveness and escalating cross-border trade. Inflation rate significantly affects India and the Philippines, while stock market only marginally affects trade of India and Singapore. Additionally, growth in population affects developed nations negatively as in Japan and Singapore but positively on the Philippines. This study provides policy propositions to developed and developing nations in the region on strategies to improve competitiveness, expand international trade and further enhance economic growth.
Keywords :
exchange rates; globalisation; inflation (monetary); international trade; investment; strategic planning; ASEAN5+4 countries; India; Japan; Philippines; Singapore; borderless capital flow; borderless goods flow; cross-border trade; economic growth; exchange rate; globalization policies; inflation rate; international trade competitiveness; investments; population growth; stock market; worldwide liberalization policies; Business; Decision support systems; International trade; economic growth; foreign exchange;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Business, Engineering and Industrial Applications (ISBEIA), 2012 IEEE Symposium on
Conference_Location :
Bandung
Print_ISBN :
978-1-4577-1632-4
Type :
conf
DOI :
10.1109/ISBEIA.2012.6422991
Filename :
6422991
Link To Document :
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