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‘Unbundlings’ and Development Strategies in ASEAN: Old Issues and New Challenges

Author

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  • Fukunari Kimura

    (Economic Research Institute for ASEAN and East Asia (ERIA))

Abstract

This paper extends the conceptual framework of ‘unbundlings’ proposed by Baldwin (2016) and tries to provide a starting point for reorganizing development strategies of ASEAN Member States (AMS). The AMS have largely been successful in utilizing the mechanics of the second unbundling with a reduction in communication costs; however, a lot of room still exists for exploiting its benefits. In addition, a new wave of the third unbundling, which comes with reduced face-to-face costs, has already arrived in ASEAN, and AMS must start incorporating it into their development strategies.

Suggested Citation

  • Fukunari Kimura, 2017. "‘Unbundlings’ and Development Strategies in ASEAN: Old Issues and New Challenges," Working Papers DP-2017-14, Economic Research Institute for ASEAN and East Asia (ERIA).
  • Handle: RePEc:era:wpaper:dp-2017-14
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    Keywords

    Unbundling; production network; industrial promotion; infrastructure; international commercial policies;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F60 - International Economics - - Economic Impacts of Globalization - - - General

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