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In the context of stalled multilateral trade negotiations, major trading economies are seeking free trade agreements (FTAs) to secure their market access objectives. Nowhere is this dynamic stronger than in East Asia, where a web of bilateral and plurilateral agreements is stitching together...
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This paper studies the mechanism of the division of the gains in high-tech global supply chains. Motivated by the empirical observation which is widely discussed in international business literature so called “smile curve”, this paper demonstrates in a theoretical model that whether or not...
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This paper examines the degree to which the taste similarity (Linder) hypothesis explains trade patterns between the 'Four Tigers' East Asian New Industrial Countries (NICs), and their major OECD markets (and suppliers). The tests cover the period 1965-90, during which trade between these...
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