Abstract
We have seen in Chapter 1 that the recent globalization of the world economy has been accompanied by an increasing tendency toward the relative concentration of world economic activity into the three subglobal regions, i.e., East Asia, EU and NAFTA, while strengthening the economic interdependency in each region. In particular, over the past three decades, East Asia has been growing the fastest, while the strength of economic interdependency within East Asia (in terms of intra-regional trade share) is approaching that of the EU. In this chapter, we focus on East Asia, and examine more closely the dynamics of its economy over the past few decades, paving the way to the panel discussion on the prospects and tasks of East Asian regional integration in Part II.
Chapter PDF
Similar content being viewed by others
Keywords
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
References
Akamatsu, K. (1962) ‘A historical pattern of economic growth in developing countries’, Developing Economies, 1 (Mar.–Aug.), 3–25.
Fujita, M. and R. Ishii (1999) ‘Global location behavior and organizational dynamics of Japanese electronics firms and their impact on regional economies’, in A. D. Chandler, P. Hagström and Ö. Sölvell (eds), The Dynamic Firm, Oxford: Oxford University Press, 343–83.
Gaulier, G., F. Lemoine and D. Ünal-Kesenci (2004) ‘China’s integration in Asian production networks and its implications’, Centre d’études Prospectives et d’information internationales (mimeo).
Hatch, W. and K. Yamamura (1996) Asia in Japan’s Embrace: Building a Regional Production Alliance, Cambridge: Cambridge University Press.
Imai, K. and M. Kawakami (2005) Development Process of Information Machinery Industry in East Asia, Chiba, Japan: Institute of Developing Economies, JETRO (in Japanese).
Kitahara, A. and N. Nishizawa (2004) Economic Theory of Asia, Tokyo: Minerba Shobo (in Japanese).
Porter, M. E. (1990) The Competitive Advantage of Nations, New York: The Free Press.
Vernon, R. (1966) ‘International investment and international trade in the product cycle’, Quarterly Journal of Economics, 80, 190–207.
Editor information
Editors and Affiliations
Copyright information
© 2007 Institute of Developing Economies (IDE), JETRO
About this chapter
Cite this chapter
Fujita, M. (2007). Development of East Asian Regional Economies: A View from Spatial Economics. In: Fujita, M. (eds) Regional Integration in East Asia. IDE-JETRO Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230626607_4
Download citation
DOI: https://doi.org/10.1057/9780230626607_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-28522-8
Online ISBN: 978-0-230-62660-7
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)