IDEAS home Printed from https://ideas.repec.org/p/era/wpaper/pb-2020-03.html
   My bibliography  Save this paper

Exit Strategies for ASEAN Member States: Keeping Production Networks Alive Despite the Impending Demand Shock

Author

Listed:
  • Fukunari Kimura

    (Economic Research Institute for ASEAN and East Asia (ERIA))

Abstract

Some Association of Southeast Asian Nations (ASEAN) Member States (AMS) are still fully engaged in emergency responses to the coronavirus disease (COVID-19). Human life is of the utmost importance and must be prioritised over other issues. It is crucial to keep the pandemic curve within the capacity of healthcare systems – even if the immediate pain from social distancing is huge. ERIA hopes that all AMS and countries in the rest of the world overcome this difficult challenge soon. At this point, we must start considering the next stage. This policy brief will talk about the exit strategies for AMS after successfully taming the spread of the disease.

Suggested Citation

  • Fukunari Kimura, 2020. "Exit Strategies for ASEAN Member States: Keeping Production Networks Alive Despite the Impending Demand Shock," Working Papers PB-2020-03, Economic Research Institute for ASEAN and East Asia (ERIA).
    • Handle: RePEc:era:wpaper:pb-2020-03
    as

    Download full text from publisher

    File URL: https://www.eria.org/uploads/media/policy-brief/Exit-Strategies-For-AMS-Keeping-Production-Networks-Alive-Despite-The-Impending-Demand-Shock.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Economic Research Institute for ASEAN and East Asia (ERIA), 2020. "Implications of the COVID-19 Crisis for the Energy Sector and Climate Change in ASEAN," Working Papers PB-2020-02, Economic Research Institute for ASEAN and East Asia (ERIA).
    2. Obashi, Ayako, 2010. "Stability of production networks in East Asia: Duration and survival of trade," Japan and the World Economy, Elsevier, vol. 22(1), pages 21-30, January.
    3. Masahito Ambashi, 2019. "Government Initiatives Matter for Innovation in ASEAN," Working Papers PB-2019-03, Economic Research Institute for ASEAN and East Asia (ERIA).
    4. Economic Research Institute for ASEAN and East Asia (ERIA), 2020. "COVID-19 and Southeast and East Asian Economic Integration: Understanding the Consequences for the Future," Working Papers PB-2020-01, Economic Research Institute for ASEAN and East Asia (ERIA).
    5. Editorial, 2020. "Covid-19 and Climate Change," Journal, Review of Agrarian Studies, vol. 10(1), pages 5-6, January-J.
    6. 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.
    7. Okubo, Toshihiro & Kimura, Fukunari & Teshima, Nozomu, 2014. "Asian fragmentation in the Global Financial Crisis," International Review of Economics & Finance, Elsevier, vol. 31(C), pages 114-127.
    8. Mitsuyo ANDO & Fukunari KIMURA, 2012. "How Did the Japanese Exports Respond to Two Crises in the International Production Network?: The Global Financial Crisis and the East Japan Earthquake," Working Papers DP-2012-01, Economic Research Institute for ASEAN and East Asia (ERIA).
    9. ERIA CADP Research Team, . "The Comprehensive Asia Development Plan 2.0 (CADP 2.0): Infrastructure for Connectivity and Innovation," Books, Economic Research Institute for ASEAN and East Asia (ERIA), number 2014-rpr-4 edited by ERIA CADP Research Team, January.
    10. Mitsuyo Ando & Fukunari Kimura, 2012. "How did the Japanese Exports Respond to Two Crises in the International Production Networks? The Global Financial Crisis and the Great East Japan Earthquake," Asian Economic Journal, East Asian Economic Association, vol. 26(3), pages 261-287, September.
    11. Anita Prakash, 2019. "The Role of Industrialisation and ICT in Africa’s Growth and Integration into Global Value Chains," Working Papers PB-2019-01, Economic Research Institute for ASEAN and East Asia (ERIA).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Keita Oikawa, 2022. "Innovation Systems and Digital Transformation," Chapters, in: Fukunari Kimura & Keita Oikawa (ed.), The Comprehensive Asia Development Plan (CADP) 3.0: Towards an Integrated, Innovative, Inclusive, and Sustainable Economy, chapter 8, pages 237-276, Economic Research Institute for ASEAN and East Asia (ERIA).
    2. Arkadiusz Kawa, 2021. "E-Commerce Logistics In Southeast Asia In The Face Of Covid-19," Business Logistics in Modern Management, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 21, pages 25-39.
    3. Aloysius Gunadi Brata & Eusebius Pantja Pramudya & Esther Sri Astuti & Heffi Christya Rahayu & Heronimus Heron, 2021. "COVID-19 and Socio-Economic Inequalities in Indonesia: A Subnational-level Analysis," Working Papers DP-2021-04, Economic Research Institute for ASEAN and East Asia (ERIA).
    4. Anirudh Shingal, 2021. "COVID-19 and Services Trade in ASEAN+6: Implications and Estimates from Structural Gravity," Working Papers DP-2021-02, Economic Research Institute for ASEAN and East Asia (ERIA).
    5. Keita Oikawa & Yasuyuki Todo & Masahito Ambashi & Fukunari Kimura & Shujiro Urata, 2021. "The Impact of COVID-19 on Business Activities and Supply Chains in the ASEAN Member States and India," Working Papers DP-2021-17, Economic Research Institute for ASEAN and East Asia (ERIA).
    6. ZHANG Hongyong, 2021. "The Impact of COVID-19 on Global Production: Evidence from Japanese Multinational Firms," Discussion papers 21014, Research Institute of Economy, Trade and Industry (RIETI).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Chin‐Ho Lin, 2020. "Impact of tariff rates on the probability of trade relationship survival: Evidence from ASEAN+6 manufactured goods," Pacific Economic Review, Wiley Blackwell, vol. 25(4), pages 457-474, October.
    2. Fukunari Kimura & Keita Oikawa, 2022. "The Conceptual Framework of New Development Strategies," Chapters, in: Fukunari Kimura & Keita Oikawa (ed.), The Comprehensive Asia Development Plan (CADP) 3.0: Towards an Integrated, Innovative, Inclusive, and Sustainable Economy, chapter 1, pages 2-56, Economic Research Institute for ASEAN and East Asia (ERIA).
    3. Okubo, Toshihiro & Kimura, Fukunari & Teshima, Nozomu, 2014. "Asian fragmentation in the Global Financial Crisis," International Review of Economics & Finance, Elsevier, vol. 31(C), pages 114-127.
    4. Baldwin, Richard & Okubo, Toshihiro, 2019. "GVC journeys: Industrialisation and deindustrialisation in the age of the second unbundling," Journal of the Japanese and International Economies, Elsevier, vol. 52(C), pages 53-67.
    5. Lin, Chin-Ho, 2015. "The impact of tariff rates on the probability of trade relationships survival: evidence from ASEAN+6 manufactured goods," MPRA Paper 71260, University Library of Munich, Germany.
    6. Hayato Kato & Toshihiro Okubo, 2017. "The Impact of a Natural Disaster on Foreign Direct Investment and Vertical Linkages," Keio-IES Discussion Paper Series 2017-018, Institute for Economics Studies, Keio University.
    7. Ayako Obashi, 2021. "East Asian Production Networks Amidst the COVID-19 Shock," Working Papers DP-2021-10, Economic Research Institute for ASEAN and East Asia (ERIA).
    8. Kim, Bong-Han & Kim, Hyeongwoo & Lee, Bong-Soo, 2015. "Spillover effects of the U.S. financial crisis on financial markets in emerging Asian countries," International Review of Economics & Finance, Elsevier, vol. 39(C), pages 192-210.
    9. Willem Thorbecke, 2015. "Enjoying the Fruits of Their Labor: Redirecting Exports to Asian Consumers," Asian Development Review, MIT Press, vol. 32(2), pages 95-114, September.
    10. Liyan Han & Mengchao Qi & Libo Yin, 2016. "Macroeconomic policy uncertainty shocks on the Chinese economy: a GVAR analysis," Applied Economics, Taylor & Francis Journals, vol. 48(51), pages 4907-4921, November.
    11. Aekapol Chongvilaivan, 2012. "Thailand's 2011 flooding: Its impact on direct exports and global supply chains," Working Papers 11312, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
    12. Kiyota, Kozo, 2022. "The COVID-19 pandemic and the world trade network," Journal of Asian Economics, Elsevier, vol. 78(C).
    13. Shin-ichi Fukuda & Tsutomu Doita, 2016. "Unconventional Monetary Policy and its External Effects: Evidence from Japan's Exports," The Developing Economies, Institute of Developing Economies, vol. 54(1), pages 59-79, March.
    14. Man Li & Tao Ye & Peijun Shi & Jian Fang, 2015. "Impacts of the global economic crisis and Tohoku earthquake on Sino–Japan trade: a comparative perspective," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 75(1), pages 541-556, January.
    15. Thorbecke, Willem & Salike, Nimesh, 2011. "Understanding Foreign Direct Investment in East Asia," ADBI Working Papers 290, Asian Development Bank Institute.
    16. Hayato Kato & Toshihiro Okubo, 2022. "The Resilience of FDI to Natural Disasters Through Industrial Linkages," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 82(1), pages 177-225, May.
    17. Sithanonxay Suvannaphakdy & Alisa DiCaprio, 2021. "Are Asian least developed countries sidelined in advanced manufacturing production networks?," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 35(1), pages 134-152, May.
    18. Toshihiro Okubo & Yuta Watabe & Kaori Furuyama, 2016. "Export of Recyclable Materials: Evidence from Japan," Asian Economic Papers, MIT Press, vol. 15(1), pages 134-148, Winter/Sp.
    19. Türkcan, Kemal, 2014. "Investigating the Role of Extensive Margin, Intensive Margin, Price and Quantity Components on Turkey’s Export Growth during 1998-2011," MPRA Paper 53292, University Library of Munich, Germany.
    20. Fumio Ohtake & Katsunori Yamada, 2013. "Appraising the Unhappiness due to the Great East Japan Earthquake: Evidence from Weekly Panel Data on Subjective Well-being," ISER Discussion Paper 0876, Institute of Social and Economic Research, Osaka University.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:era:wpaper:pb-2020-03. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ranti Amelia (email available below). General contact details of provider: https://edirc.repec.org/data/eriadid.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.