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Globalization and structural adjustment offer many opportunities for export orientated industrialization in developing economies. As a group, competitiveness in the developing countries has improved, but, while East Asian economies have had rapid export growth and technological upgrades, South Asian and African economies have lagged behind. Old structures, institutions, behavioural patterns and public policies are ill-adapted to deal with the challenges posed by technological change and economic liberalization. Consequently there is an urgent need for change in government and private sector at
Competition. --- Developing countries. --- Industrial policy. --- Manufacturing industries. --- Industries --- Business & Economics --- Industrial policy --- Industrial productivity --- Investments, Foreign --- Technological innovations --- Competition --- International trade. --- Competition, International. --- Government policy --- Economic aspects --- International competition --- World economics --- External trade --- Foreign commerce --- Foreign trade --- Global commerce --- Global trade --- Trade, International --- World trade --- Capital exports --- Capital imports --- FDI (Foreign direct investment) --- Foreign direct investment --- Foreign investment --- Foreign investments --- International investment --- Offshore investments --- Outward investments --- Productivity, Industrial --- TFP (Total factor productivity) --- Total factor productivity --- International relations --- International trade --- War --- Commerce --- International economic relations --- Non-traded goods --- Capital movements --- Investments --- Industrial efficiency --- Production (Economic theory)
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The book provides a comprehensive examination of patterns and determinants of production networks in East Asia, a key driver in the region’s global success. It provides the reader with an accessible understanding of the theoretical literature on production networks and recent developments in empirical analysis at the industry and firm-levels. The topics covered in the book include gross trade in parts and components and gravity models, trade in value added, industry case studies, and microdata econometric studies of firm heterogeneity in production networks. The microdata econometric studies explore key aspects of the heterogeneity of firms in East Asian production networks such as technological capability, the entry of small and medium-sized enterprises into production networks, business use of free trade agreements, and access to credit. Blending new sources of data, empirical tools, and econometric methods, this book is highly recommended for readers who seek to understand the workings of the complex web of production networks in East Asia. Ganeshan Wignaraja is advisor in the Economic Research and Regional Cooperation Department of the Asian Development Bank. Previously he was director of research of the Asian Development Bank Institute. He has a doctorate in economics from the University of Oxford and has published 15 books on international economics, regional integration, and economic development. .
Microeconomics --- Foreign trade. International trade --- Economic relations. Trade --- Economics --- Business policy --- Business management --- economie --- handel --- industrie --- wereldeconomie --- micro-economie --- organisatiecultuur --- internationale economie --- East Asia
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Free trade --- J4540 --- K9460 --- S09/0360 --- S09/0400 --- S10/0687 --- S10/0700 --- Japan: Economy and industry -- commerce and trade -- international trade, economic relations and policy --- Korea: International trade and economic relations (South) Korea -- world and transregional --- China: Foreign relations and world politics--Bandung --- China: Foreign relations and world politics--China and Asia: general --- China: Economics, industry and commerce--Asia-China economic relations --- China: Economics, industry and commerce--International economic relations (incl. development aid and problems, WTO) --- Asia --- Asian and Pacific Council countries --- Eastern Hemisphere --- Eurasia --- Commercial treaties. --- Foreign trade policy
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