ARTNeT Newsletter: September 2014
- 10th Anniversary ARTNeT Conference
- CGE modelling course: waiting list is open
- From our members: Cambodiaâ€™s Skill Gap - An Anatomy of Issues and Policy Options
Over the last ten years, Chinese enterprises have become more multi-national in nature. China's outward foreign direct investment (OFDI) has been growing at a phenomenal rate. In 2012, China became the third largest investor, after the US and Japan; and the largest investor among developing countries. How can host governments attract more of this Chinese capital? What are some short to medium term policies that host governments can initiate to make their respective nations attractive to Chinese investors?
This study aimed at identifying key factors affecting SME participation in direct export and international production networks (IPNs), both globally and in Asia and the Pacific. A global dataset of firm-level data from developing countries was analyzed to identify the main obstacles to establishment and operation of direct and indirect small and medium size exporters. The results particularly highlighted the importance of supply chain financing to facilitate direct export participation of Asia-Pacific SMEs. Comparing the marginal effects of various factors on SMEs and large enterprises, a reduction in customs and trade clearance times was also found to increase SMEs likelihood of participation in export or IPNs relatively more than that of larger enterprises.
The overall theme of the conference will be "Trade in the Asian century - delivering on the promise of economic prosperityâ€. The Conference is organized with funding support from the International Development Research Centre, and the Secretariat of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
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