Primary Commodities and Strategies for Development in ASEAN

Despite the rapid industrialization of the ASEAN states in the past few decades, primary commodities retain a crucial role in external trade and economic development. This paper presents a typology of coalition strategies for development through the process of economic integration. It is concluded t...

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Bibliographic Details
Published in:ASEAN economic bulletin 1990-03, Vol.6 (3), p.237-267, Article AE6-3A
Main Author: Nemetz, Peter N.
Format: Article
Language:English
Subjects:
Agricultural products
ASEAN
Association of South East Asian nations
Commodities
Developing countries
Economic development
Export-import trade
Fish oil
International cooperation
Natural gas industry
Natural gas pipelines
Nuts
Petroleum
Raw materials
Rubber
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Summary:Despite the rapid industrialization of the ASEAN states in the past few decades, primary commodities retain a crucial role in external trade and economic development. This paper presents a typology of coalition strategies for development through the process of economic integration. It is concluded that in light of an imperfect world, the most robust strategy for many Third World nations may be a mixed one, incorporating, with the pursuit of global free trade, complementary strategic coalitions despite the inherent efficiency-reducing effects of many of these alternatives.
ISSN:0217-4472
DOI:10.1355/AE6-3A