THE SECOND-GENERATION ASIAN TIGERS: SPECIFIC POLICIES TO STIMULATE TRADE IN ENVIRONMENTAL GOODS
Iulia Monica Oehler Şincai ()
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Iulia Monica Oehler Şincai: International Economic Analysis, Institute for World Economy of the Romanian Academy
Global Economic Observer, 2024, vol. 12, issue 2, 25-33
Abstract:
The five countries considered the Asian Tigers of the second generation, namely Malaysia, Indonesia, Thailand, the Philippines and Vietnam, have embarked on ambitious policies to achieve carbon neutrality in the next decades. Among these policies, those influencing trade have the potential to further green their economies. The index of comparative advantage in environmental goods and also trade in environmental goods as a share of total exports indicate that Malaysia is better prepared for export than the other four, while Thailand, Indonesia, and Vietnam are more inclined towards imports of environmental goods. Even if trade data do not reflect the trade flows of recent years, the available information emphasizes evident progress in the case of Malaysia, as well as new strategies and policies for a sustainable future for all the countries analysed.
Keywords: trade in environmental goods; comparative advantage in environmental goods; sustainable trade policies; second-generation Asian Tigers (search for similar items in EconPapers)
JEL-codes: F10 F13 F18 (search for similar items in EconPapers)
Date: 2024-12
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Persistent link: https://EconPapers.repec.org/RePEc:ntu:ntugeo:vol12-iss2-25-33
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