Trade Interactions between Asia and Latin America: ASEAN, ‘Game Changer’ and ‘Platform’ for Interregional Engagement?

14 Pages Posted: 18 Sep 2013

Date Written: September 17, 2013

Abstract

This paper compares trade interactions between six selected ASEAN economies with Latin America with that of China, a forerunner in engagement with Latin America. Trade between China and Latin America suggest that complementary comparative advantages are developing along the lines of center-periphery relations. Contrary to China-Latin America, the ASEAN region can plausibly be a ‘game changer’ to the existing patterns of interregional Asia-Latin America relationship, by capitalizing on the growing, albeit small, intra-industry trade flows with their Latin American counterparts. The paper contends that ASEAN also plays an important role through the ASEAN-Pacific Alliance bloc-to-bloc approach to transcend the present bilateral or country-level engagements. This sub-interregional connection is considered the most pragmatic solution for deepening trade integration between Asia and Latin America. Taken together, these findings suggest that ASEAN can take on a balancing game to interregional patterns of specialization and emerge a platform for sub-interregional engagements.

Keywords: China, ASEAN, Latin America, Pacific Alliance, interregional trade

JEL Classification: F10, F15, N76

Suggested Citation

Devadason, Evelyn Shyamala and Subramaniam, Thirunaukarasu, Trade Interactions between Asia and Latin America: ASEAN, ‘Game Changer’ and ‘Platform’ for Interregional Engagement? (September 17, 2013). Available at SSRN: https://ssrn.com/abstract=2327017 or http://dx.doi.org/10.2139/ssrn.2327017

Evelyn Shyamala Devadason (Contact Author)

University of Malaya (UM) ( email )

Kuala Lumpur, Wilayah Persekutuan 50603
University of Malaya (UM)
Kuala Lumpur, Wilayah Persekutuan 50603
Malaysia
+603-79673721 (Phone)

HOME PAGE: http://https://umexpert.um.edu.my/evelyns.html

Thirunaukarasu Subramaniam

University of Malaya ( email )

Kuala Lumpur, Wilayah Persekutuan 50603
University of Malaya (UM)
Kuala Lumpur, Wilayah Persekutuan 50603
Malaysia

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
112
Abstract Views
725
rank
284,663
PlumX Metrics