Tag Archives | East Asia Economics, Finance, GovernanceTradeEconomicsAgriculture and rural developmentTrade
By Gunther Schnabl. Posted March 15, 2017
In the 1960s, Kaname Akamatsu (1961) described the gradual relocation of industries from the advanced industrialized countries in East Asia to the less advanced countries during the latter’s economic catch-up process as the “flying geese” pattern. For instance, the textile industry was clustered in Japan in the 1950s but then successively relocated to the newly industrialized economies (Hong Kong, China; Taipei,China; Singapore; and the Republic of Korea), the new generation of tiger countries (Indonesia, Malaysia, the Philippines, and Thailand), the People’s Republic of China (PRC), and now increasingly to Viet Nam.
By Ganeshan Wignaraja. Posted December 16, 2015
At this week’s 10th World Trade Organization (WTO) Ministerial Conference in Nairobi, Kenya, trade ministers are trying to advance 15 years of Doha Development Agenda talks to reduce trade barriers. The real issue, however, is whether African economies can follow East Asia's success in global supply chains amid “new normal" growth and rising inequality.
By Thiam Hee Ng. Posted July 23, 2015
After years of smooth sailing through calm market conditions, bond markets in East Asia are navigating through stormier weather. Data from the supplement to the 2015 Asian Development Outlook released this week shows that weaker growth in the United States and the People’s Republic of China (PRC) has weighed down overall regional growth.
The story of East Asia’s rapid growth includes ample reference to the export of technologically complex manufactured goods, such as cars and computers. This is the model that has characterized Japan, the Republic of Korea, and Taipei,China. It also provides an example for Asia’s current middle-income countries, including the People’s Republic of China (PRC). They need to develop high-value manufacturing, the argument goes, churning out domestically designed goods or linking into global production networks. Failure to move up the value chain may result in a country getting stuck in the middle-income trap (Zhuang et al. 2012).
By Matthias Helble. Posted November 17, 2014
Over the past decades, East Asia has been the most successful region in the world in building up cross-border supply chains and has subsequently become described as “Factory Asia” (Baldwin 2008). In a form of “triangle trade”, advanced countries in East Asia exported sophisticated parts and components to less developed countries in the region, where these are assembled into final consumption goods and then shipped to rich-nation markets, especially the US and EU (Baldwin and Kawai 2013).
Subscribe / Connect to Asia Pathways
- Agriculture and rural development
- Industry and Trade
- Information and Communications Technology
- Poverty Reduction
- Public-Private Partnership
- Regional Cooperation
- Social Development and Poverty
- Video Blog
- “Monsters” in the house? What to do about Malaysia’s government-linked companies
- Japan’s Local Government Debt Control System
- What are the reasons behind the decrease in solar module prices?
- Sustainable funding schemes for the development of waste management projects in Asia
- High-speed rail investment: A butterfly effect for urban chaos
- Minimizing the Cost of Fecal Sludge Management through Co-Treatment on
- Energy Efficiency: The Cornerstone for Achieving SDG 7 on
- Spillover effects of quantitative easing on the Asian credit market and policy options on
- Energy strategies must consider all parts of the ‘energy trilemma’ on
- Exploring the trade–urbanization nexus in developing economies: evidence and implications on