• Exploring the interrelations and effects of the existing production networks in East Asia and how it is promoted in deepening economic integration.
• Reviewing international division of labor and trade relations of certain industries among East Asia
• Investigating the issues of production network, global value chain and economic integration
Since the 1990s, developing countries have been expanding their economies in the arena of international trade as well as their influences in the globalized economy. Some developing countries, particularly those in East Asia, have successfully attracted FDI inflows for two decades which have enabled them to engage in regional/global product networks and hence are able to play a role in the ‘global value chain’. The participation of the developing countries has changed the international division of labor and trade relations among the major players and new comers in international production and trade. The emerging trade initiatives, whether in the form of FTA/RTA or other trade arrangements for economic integration and cooperation, have further contributed to the phenomena. While the WTO actively promotes the “Made in the World” initiative and concept of global value chain, it is worth exploring the interrelations and effects of the existing production networks in East Asia and how it is promoted in deepening economic integration, and, most importantly, how it will contribute global trade and world economy in the future.