|Author Name||THORBECKE, Willem (Senior Fellow, RIETI)|
|Creation Date/NO.||April 2012 12-P-006|
|Research Project||East Asian Production Networks and Global Imbalances
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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.
Published: Willem Thorbecke, 2013. "East Asian Supply Chains and Relative Prices: A survey of the evidence," in Susanna Leung, ed., The Renminbi's Changing Status and the Chinese and Hong Kong Financial Systems, London: Sweet & Maxwell