Production Networks in an Economically Integrated Region.: An article from: ASEAN Economic Bulletin

This digital document is an article from ASEAN Economic Bulletin, published by Institute of Southeast Asian Studies (ISEAS) on April 1, 2001. The length of the article is 6214 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the author: This article discusses an approach to "open regionalism" based on regional production networks and component specialization. Component specialization, or intra-product trade, has been shown to be welfare-enhancing. It creates jobs and raises output by improving competitiveness. It is one of the innovative features of the current phase of globalization. It offers groups of small countries opportunities to make regionalism work in ways which the traditional European model does not. It is less discriminatory and less inward-looking than the European model. It stresses regulatory reform and the creation of a single market early in the process of regional economic integration. The welfare gains flow from elimination of market distortions and minimization of trade diversion.

Citation Details
Title: Production Networks in an Economically Integrated Region.
Author: Sven W. Arndt
Publication:ASEAN Economic Bulletin (Refereed)
Date: April 1, 2001
Publisher: Institute of Southeast Asian Studies (ISEAS)
Volume: 18 Issue: 1 Page: 24

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