There is no doubt that the open multilateral trading system after World War II was a key ingredient in the rapid economic development of the entire world. Especially in Hong Kong, Korea, Singapore, and Taiwan, exports increased dramatically both in absolute terms and as a percentage of GNP. In...

This second volume on ASEAN-China Economic Relations focuses on macro-economic and institutional developments in China and in selected sectors in ASEAN and China, and their implications for bilateral economic relations.

The global economic crisis has affected the East Asian economies via trade and investment. The export-led model which had been responsible for the “East Asian Miracle” now must redirect the basis of growth from exports sent to the US and Europe to regional and domestic demand. Regional trade...

The global financial and economic crisis has affected East Asia mainly through the trade channel. The region remains heavily dependent on export markets in Europe and North America through both direct exports to these destinations and indirect exports via the export of parts and components to...

East Asia is catching up with the rest of the world in establishing regional trade arrangements (RTAs). This region is responding to pressures from globalization, regionalism in the Americas and Europe, the rise of China and India, improved political relations in the region with the end of the...

This presentation discusses Singapore's economic performance and industrial strategy of the past and the future. Their changing industrial strategy and structure includes the promotion of restructuring away from labor intensive and technologically simple towards technology intensive...

This presentation summarizes Singapore's economic performance, and examines the evolving industrial strategy, major policies and performances. Singapore has achieved substantial economic and social progress since political independence in 1965, with one of the highest per capita incomes in Asia....

This paper examines regional market integration through production networks and free trade agreements in East Asia and their attendant challenges and issues. It examines progress in the ASEAN Economic Community and in various ASEAN+1 free trade and economic integration agreements. It argues that...