Is East Asia’s Economic Fate Chained to the West?

35 Pages Posted: 10 May 2012

See all articles by Alyson C. Ma

Alyson C. Ma

University of San Diego School of Business

Ari Van Assche

HEC Montreal; Center for Interuniversity Research and Analysis on Organization (CIRANO)

Date Written: May 9, 2012

Abstract

In the past few decades, East Asia has become a key player in the global value chains of products that are consumed in Western markets. In this paper, we discuss how idiosyncratic shocks propagate through global value chains, and assess how this has affected East Asian countries’ vulnerability to demand shocks in the West.

Keywords: global value chains, international trade, East Asia, international transmission of business cycles

Suggested Citation

Ma, Alyson C. and Van Assche, Ari, Is East Asia’s Economic Fate Chained to the West? (May 9, 2012). CIRANO - Scientific Publications 2012s-11, Available at SSRN: https://ssrn.com/abstract=2055322

Alyson C. Ma

University of San Diego School of Business ( email )

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San Diego, CA 92110-2492
United States

Ari Van Assche (Contact Author)

HEC Montreal ( email )

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Montreal, Quebec H2X 2L3
Canada

Center for Interuniversity Research and Analysis on Organization (CIRANO) ( email )

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Montreal H3C 3J7, Quebec
Canada

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