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Regionalism in the Asia-Pacific Region: How Wide, How Deep?

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  • Richard Pomfret

    (School of Economics, University of Adelaide)

Abstract

The Asia Pacific region was characterized in the second half of the twentieth century by an absence of regional trading arrangements. The situations changed after 2000, raising questions of sequencing and of the boundaries of the region. This paper argues that the proliferation of regional and bilateral agreements has been driven by the rapid emergence of regional value chains and centres on trade facilitation measures. These create deep regionalism and variable boundaries, depending upon which countries integrate into the regional value chains.

Suggested Citation

  • Richard Pomfret, 2009. "Regionalism in the Asia-Pacific Region: How Wide, How Deep?," School of Economics and Public Policy Working Papers 2009-31, University of Adelaide, School of Economics and Public Policy.
    • Handle: RePEc:adl:wpaper:2009-31
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    File URL: https://media.adelaide.edu.au/economics/papers/doc/wp2009-31.pdf
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    References listed on IDEAS

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    Cited by:

    1. Prema‐chandra Athukorala, 2009. "The Rise of China and East Asian Export Performance: Is the Crowding‐Out Fear Warranted?," The World Economy, Wiley Blackwell, vol. 32(2), pages 234-266, February.

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    More about this item

    Keywords

    regionalism; Asia;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration

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