Asian politics
Further reading
Sep 2nd 2010, 10:31 by Banyan
AT THE end of my column of this week, on the prospects of China's economic growth sustaining the whole region's on its own, I promised to show some of my work. The following were a few of that piece's most useful sources; all are available online. My thanks to the authors.
Production Networks and Trade Patterns in East Asia: Regionalization or Globalization?
By Prema-chandra Athukorala
Asian Development Bank (ADB) working paper no. 56 | August 2010
Can Trade with the People’s Republic of China be an Engine of Growth for Developing Asia?
By Donghyun Park and Kwanho Shin
ADB working paper no. 172 | October 2009
The Ties that Bind Asia, Europe and United States
By Soyoung Kim, Jong-Wha Lee, and Cyn-Young Park
ADB working paper no. 192 | February 2010
China’s Economic Growth: International Spillovers
By Vivek Arora and Athanasios Vamvakidis
IMF working paper | July 2010
Rebalancing the Global Economy: A Primer for Policymaking
Centre for Economic Policy Research | 2010
“Rebalancing in East Asia”, Chapter 4
By Linda Y.C. Lim
In this blog, our Banyan columnist surveys Asia's political and cultural landscape as he travels across the continent.
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One means I’ve used over many years to educate legislators (particularly those from the US) about trade imbalances is to show the percent share of imports that come from East Asia.
Over the past 25 years, that share has gradually fallen, from 40-45% to 35-40%. But, what is more insightful is the mix within that share, and particularly China’s replacement of Japan, and to a lesser extent the NICs, as sources of US imports.
It matters not which piece of soil houses the factory that produces the products that sell in America, nor for the most part, who owns the machines. The current-account balance does not differentiate between Japanese and Chinese imports, except in so far as the latter are less expensive, and therefore help hold down the deficit.