Fragmentation and Changes in the Asian Trade Network
Date:
1 January 2011Category:
Trade, Innovation and Technology, Industry and ManufacturingType:
Policy BriefsTags:
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Abstract
The Asian trade network is increasingly fragmented, resulting in higher dependence on supplies of goods and services from neighbouring countries. The update OECD Input-Output and Bilateral Trade Databases allow us to examine the recent evolution of international trade networks involving ASEAN and East Asian countries at the 2-digit industry level. Using several globalization indicators, this Policy Brief highlights major changes in the pattern of Asia's trade in intermediate goods and services since the mid-1990s. It concludes by discussing implications for Asia's regional integration.
