Economics/Finances Economic Integration in East Asia: Perspectives from Spatial and Neoclassical Economics (1847209122)

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Economic Integration in East Asia: Perspectives from Spatial and Neoclassical Economics

By Masahisa Fujita, Koji Nishikimi, Satoru Kumagai

Increasing numbers of free trade and economic partnership agreements have been concluded among many countries in East Asia, and economic integration has progressed rapidly on both a de facto and de jure basis. However, as the authors of this book argue, integration may intensify regional inequalities in East Asia and so this process has attracted much attention of late. Will it actually succeed in achieving greater economic growth or will it in fact cause growing regional disparity?This book presents a clear picture of East Asian integration, focusing on various aspects including: the structure of intra-regional trade; industrial location patterns - especially of multinational enterprises; the formation of industrial agglomeration; and, the development of political and institutional frameworks for integration. “Economic Integration in East Asia” addresses these issues from the perspectives of both spatial and neoclassical economics. As the book highlights, if the regional disparities continue to grow, this may constitute a fatal obstacle to deepening integration and the growth potential of East Asia. With its focus firmly on recommendations for the future, this book will be of great interest to academics and researchers of development, Asian studies and economic geography as well as development specialists in government and international organizations involved in East Asian integration.

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