[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/p/ozl/bcecrs/fwa05.html
   My bibliography  Save this paper

Tiger, tiger, burning bright? Western Australia's trade and economic development with Asia

Author

Listed:
  • Alan S Duncan

    (Bankwest Curtin Economics Centre (BCEC), Curtin University)

  • Kenneth Leong

    (Bankwest Curtin Economics Centre (BCEC), Curtin University)

  • Yashar Tarverdi

    (Bankwest Curtin Economics Centre (BCEC), Curtin University)

Abstract
There is a general sense of unease with the recent slowdown in China’s economic growth. Large businesses and the State’s finances have suffered as a result. But is China the ‘be all and end all’ of the focus on Western Australia trade policies and objectives? What new trading opportunities with other Asian countries exist for WA businesses, and how well positioned are the State’s businesses to expand the scale and composition of its trade with Asian partners? Tiger, Tiger, Burning Bright? Western Australia’s trade and economic development with Asia is the fifth report in the Bankwest Curtin Economics Centre’s Focus on Western Australia series. The report examines a number of key questions relating to the composition and direction of trade by West Australian businesses and consumers. These include issues that affect current trading patterns with Asia, and opportunities for enhanced future trade and strengthened economic relationships with China, Japan and other countries in the Asia-Pacific and Indo-Pacific regions. International trade has a role to play in strengthening industrial sectors within the WA economy – including, but also extending beyond, the mining and resources sectors. Trade is also a critical factor in supporting a diversification of the strengths in the WA economy. The report reminds us that as important as China is to the economic fortunes of the state, it is by no means the state’s only export destination. To focus solely on China would be myopic. There are new partnerships to forge, emerging industries to support, infrastructure bottlenecks to overcome and the WA ‘brand’ to promote. The report also examines the question of trade and economic development from the perspective of WA’s regions. It highlights important barriers that regional businesses and residents, together with policymakers, have overcome in their pursuit of efficiency gains and growth. It also seeks to explore what strategies the regions can adopt to further promote their own trade with country partners in the Asia-Pacific region, and develop new economic opportunities to tap into global export markets.

Suggested Citation

  • Alan S Duncan & Kenneth Leong & Yashar Tarverdi, 2015. "Tiger, tiger, burning bright? Western Australia's trade and economic development with Asia," Bankwest Curtin Economics Centre Report series FWA05, Bankwest Curtin Economics Centre (BCEC), Curtin Business School.
    • Handle: RePEc:ozl:bcecrs:fwa05
    as

    Download full text from publisher

    File URL: http://bcec.edu.au/publications/tiger-tiger-burning-bright/
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ozl:bcecrs:fwa05. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Caroline Stewart (email available below). General contact details of provider: https://edirc.repec.org/data/becurau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.