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| 1 |
ID:
125878
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| Publication |
2013.
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| Summary/Abstract |
The sharp increase in global food prices during 2007-2008 has triggered the awareness of food insecurity problems and their impacts on the low-income, food-deficient countries, many of which are located in East Asia. Protein and fat consumption are higher in East Asia than that of other regions, although the percentage of carbohydrates consumed is slightly lower than the world's average. Nevertheless, the food security situation in East Asia was good relative to other countries in the world. The food security in East Asia is largely contributed by domestic production. Despite of a doubled import of foods over the last decade to meet its ever-growing population, Asia remains the least dependent among all regions on food imports. However, the raised energy costs and grain prices due to increasing grain demand for biofuel purposes appeared to exacerbate the undernourishment of poor households in the region. While most of the government interventions focus on short-term measures such as reducing domestic food prices through trade or price control, the risk of facing a long-term food insecurity still exists, which may render national action inadequate and require multilateral cooperation.
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| 2 |
ID:
149768
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| Summary/Abstract |
Due to the pervasive nature of value chains, an increasing amount of imported intermediate components and raw materials from other countries are entangled in Taiwan's exports to Mainland China. This circumstance leads to odd across-trait bilateral trade amounts and surpluses favorable towards Taiwan. The purposes of this paper are applying Johnson and Noguera (2012) to extricate value-added exports earned by Taiwan from China and Wang, Wei, and Zhu (2013) to decompose Taiwan's gross exports to China into various meaningful components. The two issues are related to trade in value added and value added in trade. Specifically, the former explores the value added embedded in the source country's exports to the absorbing country as final demand, regardless of whether those goods are directly or indirectly arriving at the absorbing country. The latter only looks where the value added is originated regardless of where it is ultimately absorbed. We show both concepts aim to measure a country's value added from its trades, but from different angles. Each has its own distinct meaning. They are related, but not completely the same.
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