Title

The rise of China and regional integration in East Asia

Document Type

Journal Article

Publisher

Wiley-Blackwell Publishing Ltd.

School

School of Business and Law

RAS ID

21690

Comments

Originally published as: De Grauwe, P., & Zhang, Z. (2016). The rise of China and regional integration in East Asia. Scottish Journal of Political Economy, 63(1), 1-6. Original article available here

Abstract

Over the past decades, East Asia has achieved one of the most profound economic transformations in recorded history, and has become the most dynamic economic region and one of the most integrated areas in the world. However, regional and economic integration in East Asia is a relatively new phenomenon. Largely reflecting the diversity of the economies, the East Asian regionalism follows a markedly different pattern from that in Europe and other regions. In the absence of a formal institutional framework, the regional integration in East Asia has been driven by market forces and by the development of increasingly sophisticated production sharing and intra-regional network trade, in which China's rapid growth has been instrumental.

DOI

10.1111/sjpe.12107

Access Rights

Not open access

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Article Location

 
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