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Trade and Industrial Development in East Asia - Catching Up or Falling Behind (Hardcover)
Loot Price: R4,162
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Trade and Industrial Development in East Asia - Catching Up or Falling Behind (Hardcover)
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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.
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