East Asia

About: East Asia is a research topic. Over the lifetime, 17591 publications have been published within this topic receiving 274073 citations. The topic is also known as: Eastern Asia.

Production Networks in East Asia: What We Know So Far

Abstract: Production networks in East Asia, particularly in the manufacturing and machinery industries, are well recognized as the most advanced in the world, in terms of their magnitude, extensiveness, and sophistication. This chapter tries to link various economic studies on related topics, to see how much we understand about production networks in East Asia. After providing a brief overview of international trade statistics, this chapter reviews a number of academic papers concerning (i) the structure and mechanics of production networks, (ii) the conditions for production networks, and (iii) the properties and implications thereof.

Live long and prosper : aging in East Asia and Pacific

Abstract: The population in East Asia and Pacific is aging rapidly, raising concerns about the implications for the region’s economic future. This report aims to crystallize what is known about the rapidly changing and diverse demographics of East Asian and Pacific countries. It documents policy frameworks on aging and explores the implications of alternative reform options. Its purpose is not only to provide a comprehensive review of aging in the region and associated policy responses, but also to encourage policy debate by facilitating comparison of policy regimes across the region. Aging raises many challenges and risks, which East Asian and Pacific countries are well positioned to manage - provided they make policy choices that promote appropriate behavioral change by households and employers. The overview is organized as follows: the first section reviews the demographic and epidemiological transitions in East Asia and Pacific. The second section discusses the living standards and other indicators of welfare of older people in the region, such as sources of support and living arrangements. The third section discusses the effects of aging on growth, the labor force, savings, and government budgets, and the ways in which countries can manage them. The fourth section looks at challenges facing pension, health, and long-term care systems. The final section provides some concluding thoughts.

Changing Labor Market Conditions and Economic Development in Hong Kong, the Republic of Korea, Singapore, and Taiwan, China

Abstract: In the newly industrializing economies (NIEs) of Hong Kong, the Republic of Korea, Singapore, and Taiwan (China), the entire working population has benefited from labor market institutions. The East Asian NIEs attained and maintained generally full employment, improved their job mixes, raised real earnings, and lowered their rates of poverty. This article reaches two principal conclusions. First, labor market conditions continued to improve in all four economies in the 1980s at rates remarkably similar to their rates of aggregate economic growth. Second, labor market repression was not a major factor in the growth experiences of these economies in the 1980s. It thus appears that labor market repression is neither necessary nor desirable for outward-oriented economic development.

Sino-speak: Chinese Exceptionalism and the Politics of History

Abstract: This article examines how recent books by academics and public intellectuals are reshaping the discourse of the rise of China. While earlier trends argued that China was being socialized into the norms of international society, many texts now proclaim that due to its unique civilization, China will follow its own path to modernity. Such books thus look to the past—China's imperial history—for clues to not only China's future, but also the world's future. This discourse, which could be called “Sino-speak,” presents an essentialized Chinese civilization that is culturally determined to rule Asia, if not the world. The article notes that nuanced readings of China's historical relations with its East Asian neighbors provide a critical entry into a more sophisticated analysis of popular declarations of “Chinese exceptionalism.” But it concludes that this critical analysis is largely overwhelmed by the wave of Sino-speak.