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The Economic Impact of Globalization in Asia-Pacific - The Case of The Flying Geese

Author

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  • Christer Ljungwall

    (China Center for Economic Research)

  • Örjan Sjöberg

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.

Suggested Citation

  • Christer Ljungwall & Örjan Sjöberg, 2005. "The Economic Impact of Globalization in Asia-Pacific - The Case of The Flying Geese," Development Economics Working Papers 22711, East Asian Bureau of Economic Research.
    • Handle: RePEc:eab:develo:22711
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    References listed on IDEAS

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    More about this item

    Keywords

    Asia; globalization; Flying Geese Model; Comparative Advantage;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F15 - International Economics - - Trade - - - Economic Integration
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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