It is widely believed that EMI in East Asia is beneficial for both developed and developing countries. However, such benefits are more often stated in qualitative ways than in quantitative ways. Since the benefits of EMI are not without questions, it is useful to do further quantitative studies...

ASEAN RISING: ASEAN and AEC Beyond 2015 puts together ideas, thoughts and papers from more than 30 experts and specialists in the region on various areas relating to ASEAN and AEC beyond 2015. It discusses the challenges for ASEAN and AEC, how to face them and how ASEAN should move forward...

The World Trade Organization (WTO) will stage its ninth Ministerial Conference (MC9) in Bali, Indonesia, on 3-6 December 2013. The meeting comes at a critical juncture for the multilateral trade body, long mired in the Doha Round stalemate. Beyond offering a critical first test at...

It is noted that utilization of ASEAN Free Trade Agreements (FTAs) is low by international standards. In order to clarify the reasons for such low utilization, this paper investigates what kinds of Japanese affiliates in ASEAN are more likely to use FTAs in their exporting, by employing unique...

This study has been motivated by the recent shift of energy demand’s gravity to Asia due to decades of robust and stable economic growth in the region. Said economic growth has correspondingly led to increases in per capita income in emerging economies in ASEAN and East Asia. Past empirical...

This paper studies the impact of the Global Financial Crisis of 2008 on Japanese exports, focusing on international production networks in machinery sectors. For our survival analysis, we estimate a Cox proportional hazards model. Consequently, we find that Japanese exports to Asian countries,...

This paper attempts to investigate the features of development and restructuring patterns of regional production/distribution networks, mainly in machinery sectors, using finely disaggregated international trade data. More specifically, the paper first studies the developing patterns of...

This paper empirically decomposes trade creation effects of regional trade agreements (RTAs) into those due to the tariff reduction effects and due to non-tariff barrier (NTB) removal by using the most disaggregated tariff-line level trade data in a large number of countries in the world....

Japan is now struggling for a recovery from the devastating earthquake and tsunami of March 11, 2011. Although trunk logistic infrastructure has quickly been restored, some local infrastructure is likely to take a longer time to re-establish. The theory of new economic geography suggests that...

Let’s dream of our bright and prosperous future. In the year of 2020, sixteen East Asia Summit (EAS) member countries can reach doubled per capita income compared with their income level in 2008 with proper policy guidance; eight countries may join developed countries with per capita income...