Europe and Asia followed very different paths to economic integration after 1945. By 2000, an economic union with free movement of goods and factors of production and a common currency linked much of Europe. Meanwhile, effective economic integration agreements were absent from Asia, although...

Introduction / Richard Pomfret -- Part I: Flying geese and NIEs -- A theory of unbalanced growth in the world economy / Kaname Akamatsu -- The "flying geese" model of Asian economic development : origin, theoretical extensions, and regional policy implications / Kiyoshi Kojima -- Economic...

This comprehensive research review discusses seminal contributions that have increased our understanding of trade in Asia. Early debates centered on the advantages and disadvantages of joining the global economy as exporters to the high-income countries, while trade within Asia was of minor...