Recent years has seen a sharp increase in the trade of intermediate goods between ASEAN countries and China, reflecting the emergence of China as a regional "assembly centre" and sourcing the bulk of parts and components from countries in South-East and North-East Asia in the production of final goods for export to the United States and the European Union. This expansion of trade in intermediates is closely linked to the spread of international production networks (IPNs) in Asia. The expansion raises important new analytical and policy challenges generating rapidly growing literature. This study focuses on how new patterns of production and trade influence the effects of exchange rates on international trade flows of manufactured goods, and draws attention to several ways in which IPNs have altered the nature of international production and trade.
| ISBN: | 9789211207231 |
| Publication date: | 30th October 2016 |
| Author: | United Nations |
| Publisher: | United Nations Publications |
| Format: | Paperback |
| Pagination: | 132 pages |
| Genres: |
Development economics and emerging economies International trade and commerce International economics |
Recent years has seen a sharp increase in the trade of intermediate goods between ASEAN countries and China, reflecting the emergence of China as a regional "assembly centre" and sourcing the bulk of parts and components from countries in South-East and North-East Asia in the production of final goods for export to the United States and the European Union. This expansion of trade in intermediates is closely linked to the spread of international production networks (IPNs) in Asia. The expansion raises important new analytical and policy challenges generating rapidly growing literature. This study focuses on how new patterns of production and trade influence the effects of exchange rates on international trade flows of manufactured goods, and draws attention to several ways in which IPNs have altered the nature of international production and trade.
International Production Sharing and Exchange Rates of Asian Countries features in the following genres: Development economics and emerging economies, International trade and commerce, International economics
International Production Sharing and Exchange Rates of Asian Countries is available in Paperback
International Production Sharing and Exchange Rates of Asian Countries was written by United Nations and published by United Nations Publications
International Production Sharing and Exchange Rates of Asian Countries has 132 pages