5 results
Search Results
2. China's Evolving Role in Regional Production Networks: Evidence from the ICT Industry.
- Author
-
Chan, Sarah
- Subjects
INTERMEDIATE goods ,FREE trade ,TECHNOLOGICAL progress ,COMMERCIAL policy - Abstract
China's accession to the WTO in 2001 and the subsequent liberalization of its FDI and trade policies have boosted the country's exports and facilitated its improved participation in regional production networks. This paper builds on the existing literature on production networks by examining some of the recent structural changes in China's intermediate goods trade with East Asia. Chinese policies to promote technological progress and indigenous innovation have been instrumental in bringing about such change, most of which can be captured by shifts or movements in the nation's intra-industry trade index for intermediate goods. Two significant findings emerge from the empirical exercise: first, China is progressively reducing its reliance on import of intermediate goods for production and export; and second, the country remains integrated with East Asian economies in several technology-intensive sectors such as machinery and electronic devices. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
3. EAFTA or CEPEA.
- Author
-
Kawai, Masahiro and Wignaraja, Ganeshan
- Subjects
FREE trade ,INTERNATIONAL trade ,TARIFF ,BUSINESS partnerships - Abstract
The spread of free trade agreements (FTAs) in East Asia amidst slow progress in the WTO Doha negotiations has stimulated a debate over the way forward. This paper examines the region's evolving trade architecture, characteristics of FTAs and welfare implications of alternative FTA scenarios. It suggests that consolidation of multiple and overlapping FTAs into a single East Asian FTA can help mitigate the harmful noodle bowl effects of different tariffs, rules of origin and standards. The paper also suggests that WTO-plus elements need to be further expanded and that consolidation into a Comprehensive Economic Partnership in East Asia at the ASEAN+6 level would yield the largest gains to East Asia among plausible regional trade agreements. As the next priority, the paper points to the formation of FTAs between East Asia, the United States and the EU as well as making FTAs more multilateral-friendly. [ABSTRACT FROM AUTHOR]
- Published
- 2008
- Full Text
- View/download PDF
4. Does FDI Enhance Economic Growth? New Evidence from East Asia.
- Author
-
Polpat Kotrajaras, Bangorn T ubtimtong, and Paitoon Wiboonchutikula
- Subjects
FOREIGN investments ,INVESTMENTS ,ECONOMIC development ,COINTEGRATION - Abstract
Foreign direct investment (FDI) has increased rapidly in East Asian countries over the past two decades, and many studies find that it has significant linkages with economic growth. This paper examines the impacts of FDI in groups of 15 East Asian countries classified by level of economic development, using panel data analysis together with cointegration methods. The results show that favourable impacts of FDI on East Asian countries depend on complementary factors, particularly each host country's economic conditions such as levels of financial market development, institutional development, better governance, and appropriate macroeconomic policies. Furthermore, East Asian countries need to increase their investment in fundamental infrastructures, human capital development, and facilities for enhancing international trade and investment climate. [ABSTRACT FROM AUTHOR]
- Published
- 2011
- Full Text
- View/download PDF
5. The United States and the East Asia Summit: Finding the Proper Home.
- Author
-
COOK, MALCOLM
- Subjects
EAST Asian politics & government ,REGIONALISM ,INTERNATIONAL relations ,ASIAN politics & government, 1945- ,CONFERENCES & conventions - Abstract
The East Asia Summit is the newest leaders-led regional organization in the Asia Pacific with a broad mandate and an unclear future. Its membership means that it is stuck halfway between being an East Asian regional body such as the ASEAN+3 process and an Asia-Pacific body such as Asia-Pacific Economic Cooperation. Expanding the East Asia Summit to include the United States would enhance its ability to be the primary strategic forum in Asia and clearly identify the Summit as on Asia-Pacific body. This would not only improve Asia's regional architecture, but would also serve the interests of the United States, ASEAN, Japan, China and India. The biggest challenge facing this positive development is convincing the United States to sign the Treaty of Amity and Cooperation and overcoming the concerns of the other regional bodies about an enhanced East Asia Summit. In 2009, a new administration in Washington and the EAS meeting in Vietnam will provide a powerfully symbolic opportunity to invite the United States into the East Asia Summit and allow the Summit and the United States to find their proper homes in Asia's evolving regionalism. [ABSTRACT FROM AUTHOR]
- Published
- 2008
- Full Text
- View/download PDF
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