Integrating South and East Asia

Description

Economic ties between South and East Asia have been growing steadily since the 1990s, fuelled by domestic reforms and emergence of regional production networks. More recently, bilateral and region-level initiatives have also contributed to increasing integration. If such initiatives succeed, could these subregions grow to become dominant players in global trade? This book evaluates the economic implications of increasing cooperation between the two subregions, providing empirical analyses for informed policy decisions and improved outcomes. Exploring the role of market forces as well as domestic and regional policies, it examines how integration helps in spurring inclusive economic development, especially in small economies. It also discusses the prospects for India’s integration with East Asia as it looks to increase its engagement with the global economy through greater links with the subregion.

Edited by Jayant Menon and T.N. Srinivasan

Table of contents

List of Tables, Figures, and Boxes
Foreword by Yasuyuki Sawada
List of Abbreviations
Introduction
T.N. Srinivasan and Jayant Menon

1. Assessing the Experience of South Asia–East Asia Integration
Ganeshan Wignaraja
2. The Causal Relationship between Trade and Foreign Direct Investment: Implication for India and East Asian Countries
Choongjae Cho
3. Can Free Trade Agreements Support the Growth or Spread of International Production Networks in Asia?
Jayant Menon
4. Are Asia’s Least Developed Countries Gaining from Regional Integration? An Initial Look at Participation in Advanced Manufacturing Value Chains
Alisa DiCaprio and Sithanonxay Suvannaphakdy
5. Nepal’s Trade Performance and Potential with Regional Partners
Ramesh Paudel and Swarnim Waglé
6. Repositioning in the Global Apparel Value Chain in the Post Multi-fibre Arrangement Era: Strategic Issues and Evidence from Sri Lanka
Prema-Chandra Athukorala and Raveen Ekanayake
7. Mapping the Future of High Value Manufacturing in India
Rajat Kathuria, Mansi Kedia, and Uttara Balakrishnan
8. Indian Manufacturing in Asian Production Networks: Patterns and Prospects of Deeper Regional Integration
Meenu Tewari, C. Veeramani, and Manjeeta Singh
9. Trade and Investment Barriers Affecting International Production Networks in India
Anwarul Hoda and Durgesh Kumar Rai
10. Integrating South and Southeast Asia through Services Value Chain: The Case of India and Thailand
Arpita Mukherjee and Tanu M. Goyal

Index
About the Editors and Contributors