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文献出处: Islam R. The processing trade and post-financial crisis: The Study of East Asia, Latin America [J]. Journal of Applied Business and Economics, 2014, 16(4): 92-111. (声明:本译文归百度文库所有,完整译文请到百度文库。)原文The processing trade and post-financial crisis: The Study of East Asia, Latin America Islam Abstract The study shows that the level of prices and labor costs have a very important impact on processing trade activities. In the 80 s and 1960 s, because of the east Asian economies to keep a relatively stable price level and the level of wages, to promote the healthy development of processing trade activities; Some economies are in South America because of the price level and the vicious circle between wages and make its comparative advantage is gradually lost, and in the oil crisis the wrong fiscal policy caused hyperinflation, sinking its processing trade activities. In 2008 the U.S. sub prime mortgage crisis which greatly influenced national processing trade exports. Countries to implement fiscal stimulus, although warmed international trade, but the uncertainty of economic recovery and debt issues in the risks of inflation still pose a threat to the processing trade activities. Key words: after the financial crisis; Processing trade; Inflation; Labour costs; East Asia; In Latin America Processing trade that originated in the 1930 s, the United States. For reasons of lower production costs, some U.S. companies to transfer processing and assembling link to near the Mexican border areas, by the United States to provide raw materials and spare parts, after processing and assembling the export sales to the United States again. However, when this kind of processing trade are small in size, basically belongs to the bilateral trade. From the 50 s, some American multinationals shift labor-intensive processing and assembling link to Japan, which in turn transfer in 60-70 s in the igers, igers again in the 80 s - 90 - s to mainland China (hereinafter referred to as China, similarly

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