East Asian Supply Chains and Relative Prices: A survey of the evidence
Willem Thorbecke
Policy Discussion Papers from Research Institute of Economy, Trade and Industry (RIETI)
Abstract:
This paper provides an analytical description of East Asian supply chains. The data indicate that they have become more and more centered on China. In a value-added sense, though, East Asia as a whole is running surpluses against the West. The paper then surveys evidence from a variety of sources indicating that an appreciation throughout East Asian supply chain countries would help to rebalance trade within regional production networks.
Pages: 35 pages
Date: 2012-04
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Persistent link: https://EconPapers.repec.org/RePEc:eti:polidp:12006
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