1. The development of input trade and production networks in east Asia / Daisuke Hiratsuka and Yoko Uchida -- 2. Vertical Specialization : some evidence from east Asia from 1975 to 2000 / David Hummels and Yoko Uchida -- 3. Some evidence on the nature and growth of input trade / David Hummels...

New regional initiatives abound, both outside Asia and within. Free Trade Areas in the West - notably NAFTA, its possible enlargement into an FTA of the Americas, and the European Union - have implications for Asia. Asian manufacturers will experience trade diversion, especially in textiles and...