TRADE, fOREIGN DIRECT INVESTMENT, AND OPENNESS

century is an example of these classical gains from trade—around 65% of Japan’s increase in real income between 1858 (when Japan’s . TRADe, FOReIGN DIReCT INVeSTMeNT, AND OPeNNeSS | 297 ... ASIA’S JOURNeY TO PROSPeRITY—CHAPTeR 9 growth. Section 9.4 focuses on the growing opportunities offered by GVCs and regional value chains (RVCs ... ................
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