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Singapore and ASEAN in the New Regional Division of Labour

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  • Prema-chandra Athukorala

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Abstract

This paper examines the implications of international fragmentation of production for trade patterns of Singapore and the other ASEAN economies, with emphasis on their regional and global economic integration. The analysis reveals that the degree of dependence of these countries on this new global division labour is much larger compared to the other countries East Asia, Europe and North America. Network-related trade in parts and components has certainly strengthened economic interdependence among ASEAN countries and between ASEAN and other major economies in East Asia, but this has not lessoned the dependence of growth dynamism of these countries on the global economy. The operation of cross-border production networks depends inexorably on trade in final goods with North America and the European Union.

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File URL: https://crawford.anu.edu.au/acde/publications/publish/papers/wp2006/wp-econ-2006-11.pdf
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Bibliographic Info

Paper provided by The Australian National University, Arndt-Corden Department of Economics in its series Departmental Working Papers with number 2006-11.

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Length: 40 pages
Date of creation: 2006
Date of revision:
Handle: RePEc:pas:papers:2006-11

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Keywords: production fragmentation; multinational enterprises; trade patterns; ASEAN;

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References

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  1. Gene M. Grossman & Elhanan Helpman, 2002. "Outsourcing in a Global Economy?," Harvard Institute of Economic Research Working Papers 1966, Harvard - Institute of Economic Research.
  2. Ng, Francis & Yeats, Alexander, 1999. "Production sharing in East Asia : who does what for whom, and why?," Policy Research Working Paper Series 2197, The World Bank.
  3. Prema-Chandra Athukorala, 2006. "Post-crisis export performance: The Indonesian experience in regional perspective," Bulletin of Indonesian Economic Studies, Taylor & Francis Journals, vol. 42(2), pages 177-211.
  4. repec:rus:hseeco:123689 is not listed on IDEAS
  5. Ng, Francis & Yeats, Alexander, 2003. "Major trade trends in East Asia : what are their implications for regional cooperation and growth," Policy Research Working Paper Series 3084, The World Bank.
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Cited by:
  1. Athukorala, Prema–Chandra & Menon, Jayant, 2010. "Global Production Sharing, Trade Patterns, and Determinants of Trade Flows in East Asia," Working Papers on Regional Economic Integration 41, Asian Development Bank.
  2. Prema-chandra Athukorala, 2013. "Global production sharing and trade patterns in East Asia," Departmental Working Papers 2013-10, The Australian National University, Arndt-Corden Department of Economics.
  3. Athukorala, Prema-chandra, 2012. "Asian trade flows: Trends, patterns and prospects," Japan and the World Economy, Elsevier, vol. 24(2), pages 150-162.
  4. Sheehan, Peter, 2008. "Beyond Industrialization: New Approaches to Development Strategy Based on the Service Sector," Working Paper Series RP2008/60, World Institute for Development Economic Research (UNU-WIDER).
  5. Baldwin, Richard E., 2011. "Sequencing Regionalism: Theory, European Practice, and Lessons for Asia," Working Papers on Regional Economic Integration 80, Asian Development Bank.
  6. Mia Mikic & Mochamad Pasha (ed.), 2011. "Fighting Irrelevance: The Role of Regional Trade Agreements in International Production Networks in Asia," STUDIES IN TRADE AND INVESTMENT, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), number tipub2597, December.
  7. Peter Sheehan, 2009. "Beyond Industrialization New Approaches to Development Strategy Based on the Service Sector," Working Papers id:1849, eSocialSciences.

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