As East Asia becomes increasingly integrated through market-driven trade and FDI activities, free trade agreements (FTAs) are proliferating. Consolidation of multiple and overlapping FTAs into a single East Asian FTA can help mitigate the harmful noodle bowl effects of different or competing...

We examine the real and financial integration of East Asian economies, comparing the degree of real versus financial integration, the degree of global versus regional integration, and the extent of integration before versus after the 1997/98 financial crisis in East Asian economies. We analyze...

How are the ASEAN+1 free trade agreements facilitating the flow of goods in the supply chain in East Asia? This chapter looks at the experience of the Philippine automotive and electronic sectors"-two sectors that are well integrated into the supply network in East Asia. Using firm interviews,...