Integrating South and East Asia: Economics of Regional Cooperation and Development

Hardcover | December 28, 2017

EditorJayant Menon, T. N. Srinivasan

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Economic ties between South and East Asia can be traced back to the time of the ancient Silk Road. In the recent past, these sub-regions have made great progress towards reviving close economic links among their countries, fuelled by domestic reforms and emergence of regional productionnetworks. More recently, bilateral and regional-level initiatives have also largely enhanced integration. If such initiatives succeed, could these sub-regions grow to dominate global trade? This book evaluates the economic implications of increasing cooperation between the two regions, providing empirical analyses for informed policy decisions and improved outcomes. Exploring the role of market forcesas well as domestic and regional policies, it examines how integration helps in spurring inclusive economic development in small economies. It also focuses on the prospects for India's integration with East Asia, elaborating on its role as the biggest driver of integration in the sub-region.

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Economic ties between South and East Asia can be traced back to the time of the ancient Silk Road. In the recent past, these sub-regions have made great progress towards reviving close economic links among their countries, fuelled by domestic reforms and emergence of regional productionnetworks. More recently, bilateral and regional-le...

Jayant Menon is Lead Economist at the Asian Development Bank (ADB) in Manila, Philippines, where he works on trade, international investment, and development issues, and leads the Trade Team. T.N. Srinivasan is Samuel C. Park, Jr. Professor of Economics Emeritus and Professor Emeritus in International and Area Studies at Yale Universit...

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Format:HardcoverDimensions:448 pagesPublished:December 28, 2017Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199474125

ISBN - 13:9780199474127

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Table of Contents

List of Tables and FiguresShang-Jin Wei: ForewordT.N. Srinivasan and Jayant Menon: Introduction1. Ganeshan Wignaraja: Assessing the Experience of South AsiaEast Asia Integration2. Choongjae Cho: The Causal Relationship between Trade and FDI: Implication for India and East Asian Countries3. Jayant Menon: Can FTAs Support the Growth or Spread of International Production Networks in Asia?4. Alisa DiCaprio and Sithanonxay Suvannaphakdy: Are Asias LDCs Gaining from Regional Integration? An Initial Look at Participation in Advanced Manufacturing Value Chains5. Ramesh Paudel and Swarnim Wagle: Nepals Trade Performance and Potential with Regional Partners6. Prema-Chandra Athukorala and Raveen Ekanayake: Repositioning in the Global Apparel Value Chain in the Post-MFA Era: Strategic Issues and Evidence from Sri Lanka7. Rajat Kathuria, Mansi Kedia, and Uttara Balakrishnan: Mapping the Future of High Value Manufacturing in India8. Meenu Tewari , C. Veeramani, and Manjeeta Singh: Indian Manufacturing in Asian Production Networks: Patterns and Prospects of Deeper Regional Integration9. Anwarul Hoda and Durgesh Kumar Rai: Trade and Investment Barriers Affecting International Production Networks in India10. Arpita Mukherjee and Tanu M. Goyal: Integrating South and Southeast Asia through Services Value Chain: The Case of India and ThailandIndexAbout the Editors and Contributors