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Managing the Noodle Bowl: The Fragility of East Asian Regionalism Author info | Abstract | Publisher info | Download info | Related research | Statistics Baldwin, Richard E. () (Graduate Institute of International Studies)
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The paper argues that East Asian regionalism is fragile because (i) each nation's industrial competitiveness depends on the smooth functioning of "Factory Asia" - in particular for intraregional trade; (ii) the unilateral tariff-cutting that created Factory Asia is not subject to WTO discipline (bindings); (iii) there is no "top-level management"; to substitute for WTO discipline, to ensure that bilateral trade tensions - tensions that are inevitable in East Asia - do not spill over into region-wide problems due to lack of cooperation and communication. This paper argues that the window of opportunity for East Asian vision was missed; what East Asia needs now is management, not vision. East Asia should launch a "New East Asian Regional Management Effort" with a reinforced ASEAN+3 leading the way. The first priority should be to bind the region's unilateral tariff cuts into the WTO.
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Paper provided by Asian Development Bank in its series Working Papers on Regional Economic Integration with number
7.
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Length: 31 pages
Date of creation: 01 Feb 2007Date of revision:
Handle: RePEc:ris:adbrei:0007Contact details of provider: Web page: http://www.adb.org More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Ivan B. de Leon).
Keywords: Asian integration ; free trade agreement ; best practices ; Asian development ; Other versions of this item:
Find related papers by JEL classification: F15 - International Economics - - Trade - - - Economic Integration
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.:
Richard E. Baldwin, 1997.
"The Causes of Regionalism ,"
The World Economy ,
Blackwell Publishing, vol. 20(7), pages 865-888, November.
[Downloadable!] (restricted)
Other versions: Kimura, Fukunari & Ando, Mitsuyo, 2005.
"Two-dimensional fragmentation in East Asia: Conceptual framework and empirics ,"
International Review of Economics & Finance ,
Elsevier, vol. 14(3), pages 317-348.
[Downloadable!] (restricted)
Kimura, Fukunari & Takahashi, Yuya & Hayakawa, Kazunobu, 2007.
"Fragmentation and parts and components trade: Comparison between East Asia and Europe ,"
The North American Journal of Economics and Finance ,
Elsevier, vol. 18(1), pages 23-40, February.
[Downloadable!] (restricted)
Kyoji Fukao & Hikari Ishido & Keiko Ito, 2003.
"Vertical Intra-Industry Trade and Foreign Direct Investment in East Asia ,"
Discussion Paper Series
a434, Institute of Economic Research, Hitotsubashi University.
[Downloadable!]
Other versions:
Kyoji Fukao & Hikari Ishido & Keiko Ito, 2003.
"Vertical Intra-Industry Trade and Foreign Direct Investment in East Asia ,"
Discussion papers
03001, Research Institute of Economy, Trade and Industry (RIETI).
[Downloadable!] Fukao, Kyoji & Ishido, Hikari & Ito, Keiko, 2003.
"Vertical intra-industry trade and foreign direct investment in East Asia ,"
Journal of the Japanese and International Economies ,
Elsevier, vol. 17(4), pages 468-506, December.
[Downloadable!] (restricted) AUGIER Patricia & GAZIOREK Michael & LAITONG Charles, 2004.
"The Impact of Rules of Origin On Trade Flows ,"
International Trade
0404001, EconWPA.
[Downloadable!]
Other versions: 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.
[Downloadable!]
Kimura, Fukunari & Ando, Mitsuyo, 2003.
"Fragmentation and agglomeration matter: Japanese multinationals in Latin America and East Asia ,"
The North American Journal of Economics and Finance ,
Elsevier, vol. 14(3), pages 287-317, December.
[Downloadable!] (restricted)
Dayaratna, Banda O.G. & Whalley, John, 2005.
"Beyond Goods and Services: Competition Policy, Investment, Mutual Recognition, Movement of Persons, and Broader Cooperation Provisions of Recent FTAs Involving ASEAN Countries ,"
Working Papers
24153, Canadian Agricultural Trade Policy Research Network.
[Downloadable!]
Other versions: Paul Krugman, 1995.
"Growing World Trade: Causes and Consequences ,"
Brookings Papers on Economic Activity ,
Economic Studies Program, The Brookings Institution, vol. 26(1995-1), pages 327-377.
[Downloadable!]
repec:rus:hseeco:123689 is not listed on IDEAS
Mitsuyo Ando & Fukinari Kimura, 2003.
"The Formation of International Production and Distribution Networks in East Asia ,"
NBER Working Papers
10167, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Medalla, Erlinda & Yap, Josef T., 2008.
"Policy Issues for the ASEAN Economic Community: the Rules of Origin ,"
Discussion Papers
DP 2008-18, Philippine Institute for Development Studies.
[Downloadable!]
Shafaeddin, Mehdi, 2008.
"South-South Regionalism And Trade Cooperation In The Asia-Pacific Region ,"
MPRA Paper
10886, University Library of Munich, Germany.
[Downloadable!]
Hector Calvo-Pardo & Caroline Freund & Emanuel Ornelas, 2009.
"The ASEAN Free Trade Agreement: Impact on Trade Flows and External Trade Barriers ,"
CEP Discussion Papers
dp0930, Centre for Economic Performance, LSE.
[Downloadable!]
Other versions: Park, Innwon & Park, Soonchan, 2008.
"Free Trade Agreements versus Customs Unions: An Examination of East Asia ,"
MPRA Paper
11301, University Library of Munich, Germany.
[Downloadable!]
Other versions: Dean, Judith & Fung , K.C. & Wang, Zhi, 2009.
"How vertically specialized is Chinese trade? ,"
BOFIT Discussion Papers
31/2008, Bank of Finland, Institute for Economies in Transition.
[Downloadable!]
Medalla, Erlinda, 2008.
"Rules of Origin: Regimes in East Asia and Recommendations for Best Practice ,"
Discussion Papers
DP 2008-19, Philippine Institute for Development Studies.
[Downloadable!]
Françoise Nicolas, 2008.
"The political economy of regional integration in East Asia ,"
Economic Change and Restructuring ,
Springer, vol. 41(4), pages 345-367, December.
[Downloadable!] (restricted)
Haddad, Mona, 2007.
"Trade integration in East Asia : the Role of China and production networks ,"
Policy Research Working Paper Series
4160, The World Bank.
[Downloadable!]
Amita Batra, 2006.
"Asian Economic Integration: ASEAN+3+1 or ASEAN+1s? ,"
Indian Council for Research on International Economic Relations, New Delhi Working Papers
186, Indian Council for Research on International Economic Relations, New Delhi, India.
[Downloadable!]
Miriam Manchin & Annette O. Pelkmans-Balaoing, 2007.
"Clothes without an Emperor: Analysis of the Preferential Tariffs in ASEAN ,"
Development Working Papers
223, Centro Studi Luca d\'Agliano, University of Milano.
[Downloadable!]
Other versions: Medalla, Erlinda & Supperamaniam, M., 2008.
"Suggested Rules of Origin Regime for EAFTA ,"
Discussion Papers
DP 2008-22, Philippine Institute for Development Studies.
[Downloadable!]
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