This paper examines the implications of global production sharing for economic integration in East Asia, with emphasis on the behavior of trade flows in the wake of the 2008 global economic crisis. While trade in parts and components and final assembly within production networks ("network...

Global production sharing - the breakup of a production process into vertically separated stages that are carried out in different countries - has become one of the defining characteristics of world trade over the past few decades. Any analysis of trade patterns or its determinants that ignores...