Singapore and ASEAN in the New Regional Division of Labour
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.
|Date of creation:||2006|
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- Grossman, G.M. & Helpman, E., 2002.
"Outsourcing in a Global Economy,"
218, Princeton, Woodrow Wilson School - Public and International Affairs.
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- Grossman, Gene & Helpman, Elhanan, 2002. "Outsourcing in a Global Economy," CEPR Discussion Papers 3165, C.E.P.R. Discussion Papers.
- repec:rus:hseeco:123689 is not listed on IDEAS
- 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.
- 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.
- 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.
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