The role of intra-regional trade in the Pacific Alliance's integration into Asia-Pacific

Descripción del Articulo

One of the objectives of the Pacific Alliance is trade integration orientated towards Asia-Pacific; However, the integration of the bloc’s members into that region’s markets is circumscribed by their low levels of intra-regional trade and their limited export diversification. On this basis, this res...

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Detalles Bibliográficos
Autores: Mazuelos Carpio, André Alejandro, Yangali Vargas, Juan Junior
Formato: artículo
Fecha de Publicación:2022
Institución:Universidad del Pacífico
Repositorio:UP-Institucional
Lenguaje:inglés
OAI Identifier:oai:repositorio.up.edu.pe:11354/3765
Enlace del recurso:https://hdl.handle.net/11354/3765
https://doi.org/10.21678/jb.2022.2028
Nivel de acceso:acceso abierto
Materia:Alianza del Pacífico (Organización : América Latina)
América Latina--Relaciones comerciales--Asia
Asia--Relaciones comerciales--América Latina
https://purl.org/pe-repo/ocde/ford#5.02.04
Descripción
Sumario:One of the objectives of the Pacific Alliance is trade integration orientated towards Asia-Pacific; However, the integration of the bloc’s members into that region’s markets is circumscribed by their low levels of intra-regional trade and their limited export diversification. On this basis, this research seeks to explain the extent to which the intra-regional trade of the Pacific Alliance affects its inclusion in the Asia-Pacific markets. The methodology research is explanatory. Indicators ofeconomic interdependence are analyzed to observe the degree of intra-regional trade within the alliance and in other Asia-Pacific regions, as well the technological content of each member’s export basket. The results show that while the Pacific Alliance’s trade has an extra-regional bias and its exports are tending towards reprimarization, this has not been an impediment to the objective of inclusion in international markets with an orientation towards Asia-Pacific as the bloc’s trade bias towards that region has increased.
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