Singapore and ASEAN in the New Regional Division of Labour

Prema-chandra Athukorala

Departmental Working Papers from The Australian National University, Arndt-Corden Department of Economics

Abstract: This paper examines the implications of international fragmentation of production for trade patterns of Singapore and the other ASEAN economies, with emphasis on their regional and global economic integration. The analysis reveals that the degree of dependence of these countries on this new global division labour is much larger compared to the other countries East Asia, Europe and North America. Network-related trade in parts and components has certainly strengthened economic interdependence among ASEAN countries and between ASEAN and other major economies in East Asia, but this has not lessoned the dependence of growth dynamism of these countries on the global economy. The operation of cross-border production networks depends inexorably on trade in final goods with North America and the European Union.

Keywords: production fragmentation; multinational enterprises; trade patterns; ASEAN (search for similar items in EconPapers)
JEL-codes: F15 F23 O53 (search for similar items in EconPapers)
Pages: 40 pages
Date: 2006
New Economics Papers: this item is included in nep-int and nep-sea
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Citations: View citations in EconPapers (6)

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Related works:
Journal Article: SINGAPORE AND ASEAN IN THE NEW REGIONAL DIVISION OF LABOR (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:pas:papers:2006-11

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