Arbeitspapier
Can Global Value Chains Effectively Serve Regional Economic Development in Asia?
Regional economic integration through logistics, information network and connectivity improvement can increase the 'virtual size' of an economy as trade with neighboring countries increases. This leads to substantial benefits from scale, network, coordination and agglomeration economies. As is shown, especially in small economies and LDCs, regional economic integration induces the necessary rebalancing needed for integration of the regional portions of Global Value Chains (GVCs) to the global portions of GVCs. This paper demonstrates this with South Asian case studies in GVC development and with the related mapping methodology. This methodology traces a product through an entire channel across a region, from the point of product conception to the point of consumption. As an appropriate set of investment and policy measures is undertaken across a region, it can as we show in the paper, lead to a substantially ‗rebalanced‘ way of income growth.
- Language
-
Englisch
- Bibliographic citation
-
Series: ADB Working Paper Series on Regional Economic Integration ; No. 110
- Classification
-
Wirtschaft
Statistical Simulation Methods: General
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
Economic Integration
Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
Size and Spatial Distributions of Regional Economic Activity
- Subject
-
Rebalancing
spatial distribution of growth
regional economic integration
South Asia
value chains
Wirtschaftswachstum
Wirtschaftliche Konvergenz
Regionale Wirtschaftsintegration
Wertschöpfung
Asien
- Event
-
Geistige Schöpfung
- (who)
-
Brunner, Hans-Peter
- Event
-
Veröffentlichung
- (who)
-
Asian Development Bank (ADB)
- (where)
-
Manila
- (when)
-
2013
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Brunner, Hans-Peter
- Asian Development Bank (ADB)
Time of origin
- 2013
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