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Connectivity in East Asia

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  • Douglas H. Brooks

Abstract

As Asian economies have become more connected through physical and institutional infrastructure, the region's trade has grown and changed. Intraregional trade has increased its share, in large part through the expansion of trade in intermediates in connection with development of global value chains. At the same time, as part of the same process and as part of the structural transformation that underlies most economic development, the share of services in Asia's trade has risen. Policies that support the development of regional infrastructure and the flow of goods and services, as well as factors of production, can increase the benefits from connectivity. Meanwhile, regional cooperation has a key role to play in mitigating negative impacts that may arise from the vulnerabilities that accompany greater connectivity.

Suggested Citation

  • Douglas H. Brooks, 2016. "Connectivity in East Asia," Asian Economic Policy Review, Japan Center for Economic Research, vol. 11(2), pages 176-194, July.
    • Handle: RePEc:bla:asiapr:v:11:y:2016:i:2:p:176-194
    DOI: 10.1111/aepr.12132
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    References listed on IDEAS

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    Cited by:

    1. Purva Singh & Rajat Kathuria, 2016. "Infrastructure and Connectivity in India: Getting the Basics Right," Asian Economic Policy Review, Japan Center for Economic Research, vol. 11(2), pages 266-285, July.
    2. Hal Hill & Takatoshi Ito & Kazumasa Iwata & Colin McKenzie & Shujiro Urata, 2016. "Connectivity and Infrastructure: Editors' Overview," Asian Economic Policy Review, Japan Center for Economic Research, vol. 11(2), pages 161-175, July.
    3. Chalongphob Sussangkarn, 2016. "Comment on “Connectivity in East Asia”," Asian Economic Policy Review, Japan Center for Economic Research, vol. 11(2), pages 195-196, July.
    4. Jong‐Wha Lee, 2016. "Comment on “Connectivity in East Asia”," Asian Economic Policy Review, Japan Center for Economic Research, vol. 11(2), pages 197-198, July.

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