Structure and Determinants of Intra-Regional Trade in East Asia

2013 ◽  
Author(s):  
Satoru Kumagai
Keyword(s):  
East Asia ◽  
Regional Trade

scholarly journals Product Fragmentation and Trade Patterns in East Asia

2005 ◽  
Vol 4 (3) ◽  
pp. 1-27 ◽  
Author(s):  
Prema-chandra Athukorala
Keyword(s):  
East Asia ◽  
World Economy ◽  
Commodity Trade ◽  
Regional Trade ◽  
Trade Patterns ◽  
Data Set ◽  
Cross Border ◽  
International Specialization ◽  
Structural Interdependence ◽  
Trade And Investment

International product fragmentation—the cross-border dispersion of component production/assembly within vertically integrated production processes—is an important feature of the deepening structural interdependence of the world economy. This paper examines the implications of this phenomenon for global and regional trade patterns, with special emphasis on countries in East Asia, using a new data set culled from the United Nations Commodity Trade Statistics Database. It is found that, while “fragmentation trade” has generally grown faster than total world trade in manufacturing, the degree of dependence of East Asia on this new form of international specialization is proportionately larger than that of North America and Europe. The upshot is that international product fragmentation has made East Asian growth increasingly reliant on extra-regional trade, strengthening the case for a global, rather than a regional, approach to trade and investment policymaking.

scholarly journals MANAGING THE NOODLE BOWL: THE FRAGILITY OF EAST ASIAN REGIONALISM

2008 ◽  
Vol 53 (03) ◽  
pp. 449-478 ◽  
Author(s):  
RICHARD E. BALDWIN
Keyword(s):  
East Asia ◽  
Bilateral Trade ◽  
East Asian ◽  
Window Of Opportunity ◽  
Regional Trade ◽  
Industrial Competitiveness ◽  
Regional Management ◽  
Is Management ◽  
Asian Regionalism ◽  
Management Effort

The paper argues that East Asian regionalism is fragile, since (i) each nation's industrial competitiveness depends on the smooth functioning of "Factory Asia" — in particular, on intra-regional trade; (ii) the unilateral tariff-cutting that created "Factory Asia" is not subject to WTO discipline (bindings); (iii) there is no "top-level management" to substitute for WTO discipline, i.e., to ensure that bilateral trade tensions — tensions that are inevitable in East Asia — do not spillover into region-wide problems due to lack of cooperation and communication. This paper argues that the window of opportunity for East Asian "vision" was missed; what East Asia needs now is "management", not vision. East Asia should launch a "New East Asian Regional Management Effort", with a reinforced ASEAN + 3 being the most likely candidate for the job. The first priority should be to bind the region's unilateral tariff cuts in the WTO.

Regional Trade Cooperation Among Asian Countries (Trends Towards Regional Trade Cooperation)

1962 ◽  
Vol 2 (1) ◽  
pp. 543-558
Author(s):  
Lim Tay Boh
Keyword(s):  
East Asia ◽  
Far East ◽  
Southeast Asian ◽  
Asian Countries ◽  
Regional Trade ◽  
The Far East ◽  
Economic Commission ◽  
Recent Trends ◽  
Southeast Asian Countries ◽  
Striking Contrast

The group of Asian countries which are discussed in this paper covers a region which is generally known as South, Southeast and East Asia, and may be conveniently referred to as the ECAFE region, since it falls within the area covered by the Economic Commission for Asia and the Far East. The developments in Southeast Asian countries are discussed in more detail than those in the rest of the region. Recent trends towards trade cooperation among the Southeast Asian group of countries are a striking contrast to the autarkic policies pursued, during the greater part of the 'fifties' by most of the newly independent countries of the region. A consequence of such policies is the fragmentation of trading areas, and this has tended to reduce the scope and volume of intra-regional trade and to restrict the size of markets for each country's exports.

scholarly journals THE IMPACT OF REGIONAL TRADE AGREEMENTS TO THE COMMODITY TRADE FLOWS (CASE STUDY: INTERNATIONAL PALM OIL TRADE)

2014 ◽  
Vol 4 (2) ◽  
pp. 193-206
Author(s):  
Riska Pujiati ◽  
Muhammad Firdaus ◽  
Andriyono Kilat Adhi ◽  
Bernhard Brummer
Keyword(s):  
East Asia ◽  
Palm Oil ◽  
Trade Flow ◽  
Dynamic Effect ◽  
Trade Agreement ◽  
Trade Flows ◽  
South East Asia ◽  
Regional Trade ◽  
Regional Trade Agreement ◽  
The Impact

Indonesia and Malaysia are the major exporters of palm oil in South East Asia. South East Asia Regional Trade Agreement can affect worldwide trade flow of palm oil. The objective of this study is to examine the effect of the Regional Trade Agreement on the trade flows of Indonesian and Malaysian palm oil. The effect is analyzed with gravity model.  The result shows positive dynamic effect of Free Trade Agreement to palm oil trade flow. Regional Trade Agreement has higher impact to Malaysia than Indonesia due to dissimilar government policies.

CAFTA – New Format of Economic Interaction in East Asia

2010 ◽  
pp. 50-58
Author(s):  
V. Mazyrin
Keyword(s):  
Developing Countries ◽  
Financial Crisis ◽  
East Asia ◽  
Trade Liberalization ◽  
Free Trade ◽  
Special Importance ◽  
Regional Trade ◽  
Economic Problems ◽  
International Financial Crisis ◽  
Economic Interaction

On January 1st, 2010, the free trade zone China–ASEAN (CAFTA) was launched officially. The creation of such zone is of special importance under the conditions when the international financial crisis has not yet come to its end, but trade protectionism is increasing worldwide. Developing countries with lagged economy or other economic problems are suffering from the crisis shock the most. Conversely, the regional trade liberalization allows to overcome contraction of demand for commodities produced in Asia, opens up new export possibilities. The capability of the regional countries to counter crisis developments rises particularly due to extension of trade and economic cooperation with China.

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