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Regional Cooperation towards Green Asia : Trade and Investment

Author

Listed:
  • Kaliappa Kalirajan,

    (Asian Development Bank Institute (ADBI))

Abstract
It is logical to argue that growth led by low-carbon goods and services (LCGS) is an imperative for the countries of Asia and the Pacific, and particularly for emerging Asian economies, which are heavily dependent on imported energy and resources. Acknowledging this fact, individual governments in Asia have recently been taking effective actions in the form of voluntary targets and policy commitments to improve the production and use of LCGS. However, the observed effects of these commitments are often challenged by many constraints, such as technological barriers, financial deficiencies, and lack of human capital, some of which are very specific to developing Asia. Different sector policies—such as in trade and environment—and investment policies that aim to facilitate private enterprises, households, and government agencies to contribute to green growth through the use of LCGS are being implemented at the national level. However, fears of competitive disadvantage mean that these policies need to be driven by global and regional frameworks that encompass all countries and sectors. In this context, the objectives of this study are to (i) measure the potential of major emerging Asian economies for exports in LCGS under the "grand coalition," partial coalition, and stand-alone scenarios; (ii) measure the impact of existing "behind the border" constraints on potential exports in emerging Asian economies; (iii) identify the potential, options, and challenges with respect to a grand coalition scenario; and (iv) find ways to improve the contribution of public–private partnerships to LCGS.

Suggested Citation

  • Kaliappa Kalirajan,, 2012. "Regional Cooperation towards Green Asia : Trade and Investment," Trade Working Papers 23291, East Asian Bureau of Economic Research.
    • Handle: RePEc:eab:tradew:23291
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    File URL: http://www.eaber.org/node/23291
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    References listed on IDEAS

    as
    1. Kaliappa Kalirajan & VenkatachalamAnbumozhi & Kanhaiya Singh, 2010. "Measuring the Environmental Impacts of Changing Trade Patterns on the Poor," Trade Working Papers 22727, East Asian Bureau of Economic Research.
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    4. Stephen S. Golub & Céline Kauffmann & Philip Yeres, 2011. "Defining and Measuring Green FDI: An Exploratory Review of Existing Work and Evidence," OECD Working Papers on International Investment 2011/2, OECD Publishing.
    5. Kawai, Masahiro & Wignaraja, Ganeshan, 2008. "Regionalism as an Engine of Multilateralism: A Case for a Single East Asian FTA," Working Papers on Regional Economic Integration 14, Asian Development Bank.
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    7. Planning Commission, India, 2011. "Faster, Sustainable and More Inclusive Growth: An Approach to the 12th Five Year Plan," Working Papers id:4452, eSocialSciences.
    8. Wignaraja, Ganeshan, 2008. "FDI and Innovation as Drivers of Export Behaviour: Firm-level Evidence from East Asia," MERIT Working Papers 2008-061, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
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    Cited by:

    1. de Alwis, J.M.D.D.J., 2014. "Environmental Consequence of Trade Openness for Environmental Goods," Sri Lankan Journal of Agricultural Economics, Sri Lanka Agricultural Economics Association (SAEA), vol. 16, pages 1-20, November.
    2. Kaliappa Kalirajan & Yichang Liu, 2016. "Renewable energy trade within Regional Comprehensive Economic Partnership (RCEP) countries: an exploratory analysis," ASARC Working Papers 2016-05, The Australian National University, Australia South Asia Research Centre.
    3. Venkatachalam ANBUMOZHI, 2015. "Low Carbon Green Growth in Asia: What is the Scope for Regional Cooperation?," Working Papers DP-2015-29, Economic Research Institute for ASEAN and East Asia (ERIA).

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    More about this item

    Keywords

    Green Asia; low-carbon goods and services (LCGS); Asia and the Pacific; the production and use of LCGS;
    All these keywords.

    JEL classification:

    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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