This paper provides an analysis of the two channels of regional integration: integration via markets and integration via agreements. Given that East Asia and Latin America are two fertile regions where both forms of integrations have taken place, we examine the experiences of these two areas to...

The production networks in East Asia and European Union are characterized by large shares of trade in intermediate goods or network trade between countries within each region. However the pattern of network trade in the two regions could be very different due to regional variations in...