Table of Contents

Contents

Foreword

1. Asia and Global Production Networks— Implications for Trade, Incomes and Economic Vulnerability
Benno Ferrarini and David Hummels

2. Developing a GTAP-Based Multi-Region, Input-Output Framework for Supply Chain Analysis
Terrie L. Walmsley, Thomas Hertel, and David Hummels

3. The Vulnerability of the Asian Supply Chain to Localized Disasters
Thomas Hertel, David Hummels and Terrie L. Walmsley

4. Global Supply Chains and Natural Disasters: Implications for International Trade
Laura Puzzello and Paul Raschky

5. Vertical Specialization, Tariff Shirking and Trade
Alyson C. Ma and Ari Van Assche

6. Changes in the Production Stage Position of People’s Republic of China Trade
Deborah Swenson

7. External Rebalancing, Structural Adjustment, and Real Exchange Rates in Developing Asia
Andrei Levchenko and Jing Zhang

8. Global Supply Chains and Macroeconomic Relationships in Asia
Menzie Chinn

9. Mapping Global Value Chains and Measuring Trade in Tasks
Hubert Escaith

10. The Development and Future of Factory Asia
Richard Baldwin and Rikard Forslid

Index

About the Author

Edited by Benno Ferrarini, Principal Economist, Economic Research and Regional Cooperation Department, Asian Development Bank and David Hummels, Professor of Economics, Department of Economics, Purdue University and Research Associate, National Bureau of Economic Research, US

Reviews

‘The strengths of the edited volume arc aplenty, particularly on the methodological front where the contributors explore different approaches and models to better measure and investigate the implications of GVCs. The focus on Asia also provides a unique perspective into a region that is witness to the rapid growth or GVCs, where the accelerated participation and expansion or GVCs will surely alter the trajectory of the Asian and global economy.’
*Journal of Southeast Asian Economies*