Trade Integration In East Asia

Author : Mona Haddad
Publisher : World Bank Publications
Page : 36 pages
File Size : 43,5 Mb
Release : 2007
Category : Capital
ISBN : 8210379456XXX

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Trade Integration in East Asia by Mona Haddad Pdf

Production networks have been at the heart of the recent growth in trade among East Asian countries. Fragmentation trade, reflected mainly in the trade in parts and components, is expanding more rapidly than the conventional trade in final goods. This is mainly due to the relatively more favorable policy setting for international production, agglomeration benefits arising from the early entry into this new form of specialization, considerable intercountry wage differentials in the region, lower trade and transport costs, and specialization in products exhibiting increasing returns to scale. The economic integration of China has deepened production fragmentation in East Asia, countering fears of crowding out other countries for international specialization. International production fragmentation in East Asia has intensified intraregional trade but has depended heavily on extraregional trade in final goods. While production networks centered on China have contributed significantly to growth in East Asia, they also breed vulnerabilities. They have not automatically led to technology spillovers and have led to an extreme interdependence across East Asian countries.

Author : Ross P. Buckley,Richard Weixing Hu,Douglas W. Arner
Publisher : Edward Elgar Publishing
Page : 349 pages
File Size : 51,9 Mb
Release : 2011-01-01
Category : Business & Economics
ISBN : 9781849808699

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East Asian Economic Integration by Ross P. Buckley,Richard Weixing Hu,Douglas W. Arner Pdf

'This book offers a fascinating exploration of the contradictions of East Asian economic integration: a topic of enormous contemporary significance to observers of world political and economic affairs. The collection provides an unusually rigorous and systematic treatment of this important topic, drawing on contributions from an impressive array of experts. It will provide a valuable resource for students, scholars and other observers seeking deeper understanding of the contemporary dynamics and challenges of East Asian integration.' - Kate MacDonald, University of Melbourne, Australia 'East Asia is a crucial part of the global economy. This book analyses three key elements of East Asian economic integration: trade, investment and international finance. The authors are leading experts in their fields. Their book represents an important addition to the literature on a subject of fundamental importance both regionally and globally.' - Bradly J. Condon, ITAM, Mexico City This book analyses recent developments and likely future paths for trade and financial integration in East Asia. It suggests a more coherent, balanced way forward for regional economic integration and analyses implications for institution building in East Asia. East Asia has achieved a high degree of intra-regional trade, investment and GDP correlation, through an expanding web of free trade agreements and production networks. However, financially, most regional economies are linked more closely to North America and Europe than to each other. As trade integration has accelerated, financial and monetary integration has not kept pace. East Asian Economic Integration analyses potential reasons and remedies for this phenomenon through a multidisciplinary framework of law, politics and economics. This comprehensive book will appeal to researchers and students in political science, international relations, trade law, international finance law, and regional studies generally. It will also be of great interest to regional

Author : Mona Haddad
Publisher : Unknown
Page : 128 pages
File Size : 55,8 Mb
Release : 2012
Category : Electronic
ISBN : OCLC:931669594

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Trade Integration in East Asia by Mona Haddad Pdf

Production networks have been at the heart of the recent growth in trade among East Asian countries. Fragmentation trade, reflected mainly in the trade in parts and components, is expanding more rapidly than the conventional trade in final goods. This is mainly due to the relatively more favorable policy setting for international production, agglomeration benefits arising from the early entry into this new form of specialization, considerable intercountry wage differentials in the region, lower trade and transport costs, and specialization in products exhibiting increasing returns to scale. The economic integration of China has deepened production fragmentation in East Asia, countering fears of crowding out other countries for international specialization. International production fragmentation in East Asia has intensified intraregional trade but has depended heavily on extraregional trade in final goods. While production networks centered on China have contributed significantly to growth in East Asia, they also breed vulnerabilities. They have not automatically led to technology spillovers and have led to an extreme interdependence across East Asian countries.

Author : Lili Yan Ing,Martin Richardson,Shujiro Urata
Publisher : Routledge
Page : 291 pages
File Size : 43,6 Mb
Release : 2019-05-22
Category : Business & Economics
ISBN : 9780429782480

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East Asian Integration by Lili Yan Ing,Martin Richardson,Shujiro Urata Pdf

The growth of world trade has been stagnant in recent times; trade liberalisation now has been challenged. The recent rise of anti-globalisation calls for a better integration in East Asia. How should East Asia manage its openness? This book provides profound analyses on rules of origins, non-tariff measures, restrictiveness in services and investment. It gives insight into how East Asian countries should shape its trade, investment and industrial policies. This book helps to answer what kind of a better integration it should be, and how East Asia can realise it.

Author : Saori N. Katada,Mireya Solis
Publisher : Springer Science & Business Media
Page : 173 pages
File Size : 42,8 Mb
Release : 2008-06-24
Category : Business & Economics
ISBN : 9783540793274

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Cross Regional Trade Agreements by Saori N. Katada,Mireya Solis Pdf

An unacknowledged key feature of East Asian FTA diplomacy is the region's active cross-regional preferential trading relations. In sharp contrast to the Americas and Europe, where cross-regional initiatives gained strength after the consolidation of regional trade integration, East Asian governments negotiate trade deals with partners outside of their region at an early stage in their FTA policies. The book asks three main questions: Are there regional factors in East Asia encouraging countries to explore cross-regionalism early on? What are the most important criteria behind the cross-regional partner selection? How do cross-regional FTSs (CRTAs) influence their intra-regional trade initiatives? Through detailed country case studies from China, Japan, South Korea, Singapore, Thailand and Malaysia, we show the ways in which these governments seek to leverage their CRTAs in the pursuit of intra-regional trade integration objectives, a process that yields a much more permeated regionalism.

Author : Daisuke Hiratsuka
Publisher : Springer
Page : 269 pages
File Size : 55,7 Mb
Release : 2006-10-31
Category : Business & Economics
ISBN : 9780230627673

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East Asia's De Facto Economic Integration by Daisuke Hiratsuka Pdf

This book presents a deeper understanding of the on-going de facto economic integration in East Asia, looking at the extent of economic integration, what sort of integration has been accomplished, and comparing the level of integration reached and the path followed to that of the European Union.

Author : Kathie Krumm,Homi Kharas
Publisher : World Bank Publications
Page : 246 pages
File Size : 51,7 Mb
Release : 2004-01-01
Category : Business & Economics
ISBN : 9780821383452

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East Asia Integrates by Kathie Krumm,Homi Kharas Pdf

Emerging East Asian economies have seen their share of world exports more than triple during the past quarter-century, and intraregional trade has driven this growth. Broad measures of development in East Asia have improved at the same headlong pace. Why push further integration now? Two economic events of historic proportions provide the context: strategic thinking of development in the region following the East Asian financial crisis of 1997-98 and the accession of China to the World Trade Organization. Policymakers interested in a stable, prosperous region are concerned by mildly rising inequality within countries and a widening gap between richer economies and the poorest economies. Increasingly, the development agenda in the region with its focus on growth, jobs, and social stability and the trade policy agenda with its focus on market access and competitiveness have become intertwined. East Asian policymakers seek to develop a coherent set of economic policies that can deliver stability, growth, and regional integration. Without attempting to be comprehensive, 'East Asia Integrates' offers fundamental strategies that promote cross-border flows of trade, along with domestic policies on logistics, trade facilitation, standards and institutions to maximize the impact of these flows on development and distribute the gains from trade widely. As the authors demonstrate, multilateral and regional trade initiatives must provide a compelling vision of how integration can deliver broadly shared growth and prosperity if they are to succeed. In addition, they must use the momentum offered by trade agreements to address the links between trade on the one hand, and social stability, poverty reduction, and growth on the other.

Author : Jane Drake-Brockman,Peter Drysdale
Publisher : Unknown
Page : 36 pages
File Size : 44,5 Mb
Release : 2002
Category : East Asia
ISBN : STANFORD:36105113410109

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Regional Economic Integration in East Asia by Jane Drake-Brockman,Peter Drysdale Pdf

"There has been a proliferation of proposals for bilateral free trade areas in East Asia in recent times. These initiatives fly in the face of the long-standing support of key players in the region such as Japan for the MFN-based non-discriminatory trading system and the commitment to non-discriminatory trade liberalisation and reform within APEC. As China establishes its role in the WTO, its interests are very much in an open global trading system. The paper argues that the core interests of East Asian economies remain in non-discriminatory global trading arrangements and prosecuting those interests within the Doha Round of trade negotiations. It suggests that a way forward in sorting out the trade-distorting and protectionist effects of free trade agreements would be for East Asian economies to take a lead in negotiations on strengthening WTO rules on preferential trade arrangements. In terms of global economic welfare, the only good preferential arrangement is one that disappears in time. The paper makes specific recommendations for re-vamping the rule on preferential trade arrangements with that objective in mind"--P. 1.

Author : Lili Yan Ing,Martin Richardson,Shujiro Urata
Publisher : Routledge
Page : 282 pages
File Size : 46,5 Mb
Release : 2019-05-22
Category : Business & Economics
ISBN : 9780429782497

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East Asian Integration by Lili Yan Ing,Martin Richardson,Shujiro Urata Pdf

The growth of world trade has been stagnant in recent times; trade liberalisation now has been challenged. The recent rise of anti-globalisation calls for a better integration in East Asia. How should East Asia manage its openness? This book provides profound analyses on rules of origins, non-tariff measures, restrictiveness in services and investment. It gives insight into how East Asian countries should shape its trade, investment and industrial policies. This book helps to answer what kind of a better integration it should be, and how East Asia can realise it. “The Open Access version of this book, available at http://www.taylorfrancis.com/books/10.4324/9780429433603, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.”

Author : Peter C. Y. Chow
Publisher : Edward Elgar Publishing
Page : 415 pages
File Size : 44,7 Mb
Release : 2012-01-01
Category : Business & Economics
ISBN : 9781849804837

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Trade and Industrial Development in East Asia by Peter C. Y. Chow Pdf

Trade as an engine of growth has played a catalyst role in East Asian development; through vigorous study of performances in past decades, East Asian trade and industrialization experiences may offer some lessons for other developing countries. This book covers trade and industrial structures for ten countries and regions including Japan, China, Hong Kong, Korea, Singapore, Taiwan, Indonesia, Malaysia, the Philippines and Thailand. The author addresses the comparative advantages and trade similarity indices of Asian economies from regional and global perspectives. He also analyzes the impacts of regional trade agreements from both member and non-member countries' perspectives. After a vigorous examination of the sources of export growth by the methodology of the constant market share analysis, the book examines the trade–investment nexus, the development of fragmentation of manufacturing production, and trade in parts and components as the dominant trade flows after the mid-1980s. It then studies the trade complementarity index among countries to further pursue the analysis of natural trading partners, and looks at the Krugman–Baldwin hub–spoke thesis by empirically identifying the 'degree of hub-ness' in three major markets in China, Japan, and the USA. Various scenarios of economic integration in East Asia are assessed and an open regionalism is proposed for East Asian economic integration and sustainable development in the conclusion of the book. Students and researchers of international trade, economic development, and Asian Studies will find the data and analyses in the volume invaluable in understanding the economic development of the Asia Pacific.

Author : Sarah Yueting Tong,Tuan Yuen Kong
Publisher : World Scientific
Page : 183 pages
File Size : 45,7 Mb
Release : 2020
Category : China
ISBN : 9789811200328

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China and East Asian Economic Integration by Sarah Yueting Tong,Tuan Yuen Kong Pdf

Introduction -- ch. 1. China and East Asia production network -- ch. 2. The internationalisation of China's Renminbi -- ch. 3. The internationalisation of Chinese enterprises -- ch. 4. Cross-strait economic relations: Taiwan's perspective -- ch. 5. CEPA and Mainland-Hong Kong's economic relations --ch. 6. China-Asean economic relations remain resilient despite rising challenges -- ch. 7. Ever-bonding Sino-Korean economic relationship but questionable contribution to regional integration -- ch. 8. China and Japan: great economic integration without a bilateral free trade agreement -- ch. 9. The political economy of East Asia economic integration.

Author : Kimura, Fukunari,Pangestu, Mari,Thangavelu, Shandre M.,Findlay, Christopher
Publisher : Edward Elgar Publishing
Page : 496 pages
File Size : 50,7 Mb
Release : 2021-12-09
Category : Social Science
ISBN : 9781788975162

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Handbook on East Asian Economic Integration by Kimura, Fukunari,Pangestu, Mari,Thangavelu, Shandre M.,Findlay, Christopher Pdf

This comprehensive Handbook provides an in-depth analysis of the nature of East Asian economic integration alongside thoughtful insights into contemporary issues, such as agricultural development, structural transformation and East Asian trade, alongside skills and human capital development policies of ASEAN. Contributors also provide detailed explanations on trade, poverty and Aid for Trade, institutional reforms, regulatory reform and measuring integration.

Author : D. Hiratsuka,F. Kimura
Publisher : Springer
Page : 353 pages
File Size : 49,5 Mb
Release : 2008-08-20
Category : Business & Economics
ISBN : 9780230227309

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East Asia's Economic Integration by D. Hiratsuka,F. Kimura Pdf

This book claims that de jure economic integration is in progress in East Asia, after the advancement of de facto integration. The book contains new international trade theory, spatial economics, data-work empirical studies, and field studies on various scenarios of de jure economic integration.

Author : Naoko Munakata
Publisher : Rowman & Littlefield
Page : 281 pages
File Size : 42,7 Mb
Release : 2007-08-29
Category : Business & Economics
ISBN : 9780815758860

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Transforming East Asia by Naoko Munakata Pdf

A Brookings Institution Press and the Research Institute of Economy, Trade, and Industry (Japan) publication East Asian economic integration is on the rise. In the past decade, all of the region's powers have begun negotiating free trade agreements with their neighbors. They are also exploring broader regional options, such as the creation of an East Asian summit or free trade area. These developments have not always been welcomed by observers in other parts of the world. Some fear that they mark a turn away from integration into the global economy and herald the emergence of a closed, inward-looking bloc. In this timely and important book, Naoko Munakata offers an alternative perspective, based on her experience as an economic official and trade negotiator over the past 20 years. East Asian integration, she argues, is not driven by defensiveness or anti-Western sentiment. Instead, it reflects pragmatic calculations of economic interest, as well as a desire for mutual trust and a sense of community. Munakata makes her case by analyzing developments in the region since the mid-1980s, highlighting such important factors as the evolution of Asia-Pacific Economic Cooperation (APEC), the impact of the 1997–98 Asian financial crisis, and the rise of China. She also outlines possible future scenarios for the region and offers policy prescriptions for building on regionalism's achievements to date. Over the coming decades, the rise of China, its relationship with Japan, and the institutional arrangements that bind those countries to the United States and the countries of East and Southeast Asia will become critical factors in the global balance of power. Transforming East Asia is essential reading for anyone seeking to understand the roots of this transformation.

Author : Nathalie Aminian
Publisher : World Bank Publications
Page : 38 pages
File Size : 52,9 Mb
Release : 2008
Category : Electronic
ISBN : 8210379456XXX

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Integration of Markets Vs. Integration by Agreements by Nathalie Aminian Pdf