Energy Market Integration (EMI) in East Asia has been implemented in the past decade with the emergence of cooperation between ASEAN and its dialogue partners. ASEAN is working towards a single market by 2015, under the guideline of AEC (Bali Concord II, 2003). Considerable progress in the EMI...

Since the formation of the East Asian Summit (EAS) in 2005, Energy Market Integration (EMI) in East Asia has become one of the initiatives endorsed and actively promoted by EAS governments. Electricity market integration in East Asia is an important component of EMI. It is argued that an...

This paper investigates the developing pattern of machinery trade and the extent and depth of production networks in North America from the perspective of their links with East Asia in the last two decades. Our descriptive analysis based on the total value of trade and the extensive margin...

This paper examines the true meaning of the key word of ASEAN economic integration “single market and production base.” Heading for “single market” is a right direction to go, but “single market” cannot literally be achieved with two-dimensional development gaps: geographical and...

This paper intensively employs annual international trade statistics obtained from the UN Comtrade and examines to what degree East Asian countries have participated in global production networks in comparison with countries in other regions and whether East Asia’s intra-regional trade in...

The ASEAN SME Policy Index derived from the OECD SME Policy Index and was further adapted to the ASEAN specific context. The SME Policy Index was originally developed by the European Commission, the European Bank for Reconstruction and Development, and the European Training Foundation. It has...

In this paper we empirically investigate the effects on inward FDI of various components of political and financial risk. We also examine the relationship between inward FDI and not only the level of these risks but also their changes over time. Two kinds of findings are noteworthy. One is that...

This paper analyzes the impact of two massive shocks, the 2008-2009 Global Financial Crisis and the 2011 East Japan Earthquake, on Japanese exports, focusing on the characteristics of domestic/international production networks in machinery industries. Using monthly data of Japanese bilateral...

Spatial designing of economic development with enhancing connectivity has become essential to pursue both sustained growth and the narrowing of development gaps. The issue of agglomeration and dispersion in China and its neighboring countries is an example of requiring such an approach. This...

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...