Complementarities and Potentials of Intra-regional Transfers of Investments, Technology and Skills in Asia

Abstract: This paper examines complementarities in merchandise trade and potentials for intra-regional transfers of investments, technology and skills in Asia. The analysis shows that intra-regional trade was substantial and growing, but trade complementarities were limited. Asian countries have also emerged as sources of as well as destinations for investment, technology and skills. In the event of a formal regional integration arrangement in Asia, there is potential for intra-regional trade, investments, technology transfers and skill movements. Substantial gains in regional welfare are also expected.