This paper documents and analyzes the rise of emerging East Asian economies as major international investors. Foreign direct investment (FDI) from these economies is rising faster than their economic growth, trade, and inward FDI, and the region is by far the most important investor from the...

This paper examines how China’s emergence as a major player in the global economy is affecting export performance of and FDI flows to its East Asian neighbours against the backdrop of the ongoing process of global production sharing. The findings indicate that the 'China threat’ has been...

This paper analyzes trade patterns in East Asia, with special reference to the implications of the development of global production sharing. It examines the nature and extent of global production sharing and the role of East Asian countries within global production networks. It also highlights...

The Asian economic crisis dramatically influenced the context in which a growing number of international migrants had begun to spread from poorer to more industrialised countries in East Asia, accompanying the export and FDI booms of the 1990s. Important uncertainties included the impact on...

Is foreign direct investment (FDI) more resilient at the onset of an economic crisis and the subsequent economic collapse in a given host country compared to other forms of foreign capital inflows? Are affiliates of multinational enterprises in a crisis-hit country better equipped to withstand a...

This paper examines the implications of global production sharing for regional and global trade patterns in East Asia using a new data set culled from the UN trade database. It is found that, while ‘network trade’ has generally grown faster than total world trade in manufacturing, the degree...