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From Global Factory to Global Mall: East Asia’s Changing Trade Composition

dc.contributor.authorMatthias Helble
dc.contributor.authorBoon-Loong Ngiang
dc.description.abstractThis paper studies how East Asia’s trade composition and orientation have changed over the past decade and analyzes the implications for the region and beyond. Over the last 2 decades we have witnessed the emergence of regional and global supply chains, in which production is divided into production stages or tasks across the most competitive locations. East Asia has been the most successful region in the world in building up or joining regional and global supply chains and has been described as “Factory Asia” (Baldwin 2008). Introducing a new and simple analytical tool, we show that over the past decade East Asia has successfully consolidated its role as the “Global Factory.” Furthermore, studying East Asia’s recent trade patterns in primary, intermediate, capital, and consumption goods, our results indicate that East Asia is on track to becoming one of the biggest “malls” in the world. Whereas in 1999–2000 around half of all consumption goods exported by East Asia went to the United States and the European Union-27, in 2011–2012 half stayed in the region or were traded with the rest of the world.
dc.publisherAsian Development Bank Institute
dc.rightsCC BY-NC-ND 3.0 IGO
dc.titleFrom Global Factory to Global Mall: East Asia’s Changing Trade Composition
dc.typeWorking Papers
dc.subject.expertAsian Development Bank
dc.subject.expertDevelopment Goals
dc.subject.expertSkills Development
dc.subject.expertSustainable Development
dc.subject.expertTrade Flows
dc.subject.expertTrade And Development
dc.subject.expertFood Security And Trade
dc.subject.adbDevelopment assistance
dc.subject.adbCurriculum development
dc.subject.adbDevelopment assistance
dc.subject.adbDevelopment aid
dc.subject.adbDevelopment indicators
dc.subject.adbDevelopment potential
dc.subject.adbDevelopment models
dc.subject.adbProject appraisal
dc.subject.adbPerformance appraisal
dc.subject.adbRegional development bank
dc.subject.adbTrade development
dc.subject.adbImport volume
dc.subject.adbExport volume
dc.subject.naturalCommunication in rural development
dc.subject.naturalSocial participation
dc.subject.naturalOccupational training
dc.subject.naturalJoint venture
dc.subject.naturalSystem analysis
dc.subject.naturalLabor and globalization
dc.subject.naturalLabor policy
dc.subject.naturalRegional trading blocs
dc.subject.naturalForeign trade and employment
dc.title.seriesADBI Working Paper Series
dc.title.volumeNo. 496
dc.contributor.imprintAsian Development Bank Institute
oar.adminregionEast Asia Region
oar.countryChina, People’s Republic of
oar.countryHong Kong, China
oar.countryChina, People’s Republic of
oar.countryRepublic of Korea
oar.authorHelble, Matthias
oar.authorNgiang, Boon-Loong

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  • ADBI Working Papers
    The Asian Development Bank Institute (ADBI) Working Paper series is a continuation of the formerly named Discussion Paper series which began in January 2003. The numbering of the papers continued without interruption or change. ADBI was established in 1997 in Tokyo, Japan, to help build capacity, skills, and knowledge related to poverty reduction and other areas that support long-term growth and competitiveness in developing economies in Asia and the Pacific.

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