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Countertrade in the Asian‐Pacific Region
Author(s) -
Hansson Ardo H
Publication year - 1991
Publication title -
asian‐pacific economic literature
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.232
H-Index - 21
eISSN - 1467-8411
pISSN - 0818-9935
DOI - 10.1111/j.1467-8411.1991.tb00036.x
Subject(s) - barter , china , miscellany , business , service (business) , asia pacific , international trade , economy , geography , international economics , economics , history , market economy , archaeology , classics
The article surveys the literature on countertrade with special reference to the Asian‐Pacific region. It covers the five most common forms of ‘tied’ trade: barter, counterpurchase, buyback, offset and bilateral agreements. It focuses on China as the most important centrally planned economy in the region; on the two regional market economies which have made use of countertrade, Indonesia and Malaysia; and on Singapore as a countertrade service centre. The literature survey consists not so much of the relatively few academic books and articles on the subject but of a miscellany of articles to assist practitioners and to study appropriate responses at the firm, national and global level.