Christer Ljungwall () (China Center for Economic Research, Peking University) Örjan Sjöberg (Depertment of Economics and the School of Asian Studies/ EIJS Stockholm School of Economics)
Abstract
In Pacific Asia, globalization has resulted in rapidly growing international flows of goods, portfolio capital, and direct investments. At the same time, several countries shift from a command to market economy. Against this background, we analyze the perhaps most popular model used to depict the process of economic integration and development in Pacific Asia, the flying geese pattern of shifting comparative advantage. Our point of departure is that economic and other social processes are best understood in relation to one another. We confine ourselves to intraregional patterns of trade and investment but locate them within the broader framework of global trends.
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Length: 22 pages Date of creation: Nov 2005 Date of revision: Handle: RePEc:eab:develo:659
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Find related papers by JEL classification: F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General F15 - International Economics - - Trade - - - Economic Integration F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements O5 - Economic Development, Technological Change, and Growth - - Economywide Country Studies O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
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