Regional Trade Opportunities for Asian Agriculture

65 Pages Posted: 30 Jun 2010 Last revised: 17 Aug 2010

See all articles by Shikha Jha

Shikha Jha

Asian Development Bank

David Roland-Holst

University of California, Berkeley

Songsak Sriboonchitta

Chiang Mai University - Faculty of Economics

Date Written: February 1, 2010

Abstract

Trade in food and other agricultural products is increasingly important across East and Southeast Asia, where high-income Asian economies have driven significant agricultural expansion, and the momentous growth of the People’s Republic of China (PRC) promises more stimulus to agrofood activity in the region. The PRC is expected to become a net importer of agrofood in the coming decades, which will have significant implications within the region. As its middle class continues to emerge, the resource intensity of food consumption (e.g., meat and dairy) will lead to net imports and require expansion of agricultural capacity elsewhere. Because low-income Southeast Asia is generally seen to be well below its agrofood potential, this situation suggests a significant opportunity for self-directed poverty reduction through regional agrofood market expansion. This paper reviews the history of high-income Asia and the PRC’s emergence in the region’s agrofood markets. Finally, the Greater Mekong Subregion’s role is analyzed for the potential of Asian agrofood trade to contribute to poverty reduction.

Suggested Citation

Jha, Shikha and Roland-Holst, David and Sriboonchitta, Songsak, Regional Trade Opportunities for Asian Agriculture (February 1, 2010). Asian Development Bank Economics Working Paper Series No. 191. Available at SSRN: https://ssrn.com/abstract=1632137 or http://dx.doi.org/10.2139/ssrn.1632137

Shikha Jha (Contact Author)

Asian Development Bank ( email )

6 ADB Avenue, Mandaluyong City 1550
Metro Manila
Philippines

David Roland-Holst

University of California, Berkeley ( email )

310 Barrows Hall
Berkeley, CA 94720
United States

Songsak Sriboonchitta

Chiang Mai University - Faculty of Economics ( email )

Chiang Mai
Thailand

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