Description
Book SynopsisIncreasing numbers of free trade and economic partnership agreements have been concluded among many countries in East Asia, and economic integration has progressed rapidly on both a
de facto and
de jure basis. However, as the authors of this book argue, integration may intensify regional inequalities in East Asia and so this process has attracted much attention of late. Will it actually succeed in achieving greater economic growth or will it in fact cause growing regional disparity? This book presents a clear picture of East Asian integration, focusing on various aspects including:
- the structure of intra-regional trade
- industrial location patterns - especially of multinational enterprises
- the formation of industrial agglomeration
- the development of political and institutional frameworks for integration.
Economic Integration in East Asia addresses these issues from the perspectives of both spatial and neoclassical economics. As the book highlights, if the regional disparities continue to grow, this may constitute a fatal obstacle to deepening integration and the growth potential of East Asia.
With its focus firmly on recommendations for the future, this book will be of great interest to academics and researchers of development, Asian studies and economic geography as well as development specialists in government and international organizations involved in East Asian integration.
Table of ContentsContents: Preface 1. Introduction Masahisa Fujita, Satoru Kumagai and Koji Nishikimi PART I: BASIC VIEWPOINTS ON EAST ASIAN ECONOMIC INTEGRATION 2. Regional Integration in East Asia: Perspectives of Spatial and Neoclassical Economics Masahisa Fujita and Nobuaki Hamaguchi 3. Specialization and Agglomeration Forces of Economic Integration Koji Nishikimi PART II: GENERAL VIEWS ON EAST ASIAN ECONOMIC INTEGRATION 4. Industrial Clustering and MNE Management in East Asia: Recent Progress and Prospects for the Asian Triangle Akifumi Kuchiki 5. Evolution of Institutions and Policies for Economic Integration in East Asia: History and Prospects Yoshihiro Otsuji and Kunihiko Shinoda 6. Economic Integration in Asia: European Pespectives Anthony J. Venables, L. Alan Winters and Linda Yueh PART III: CASE STUDIES OF EAST ASIAN ECONOMIC INTEGRATION 7. Structure and Determinants of Intra-Regional Trade in East Asia Satoru Kumagai 8. Location Choices of Korean MNEs in East Asia: Escaping the Nutcracker Ho Yeon Kim 9. Location Choices of Japanese MNEs in East Asia Toshitaka Gokan 10. Economic Opening and Industrial Agglomeration in China Zao Chen, Yu Jin and Ming Lu 11. The Home Market Effect in ASEAN Countries Ikumo Isono Index
