Free trade agreements (FTAs) have been proliferating in Asia for more than a decade. Production networks and the product-fragmentation trade that they generate have been growing for a much longer period. In fact, since ‘Factory Asia’ emerged, well before FTAs (Baldwin 2008).
Can FTAs support ‘Factory Asia’?
Jayant Menon, 14 May 2013
Firms and credit constraints along the global value chain: Processing trade in China
Kalina Manova, Zhihong Yu , 13 May 2013
The past 20 years of globalisation have witnessed a dramatic expansion in the fragmentation of production across countries. Firms today can not only trade in final goods, but also conduct intermediate stages of manufacturing by importing foreign inputs, processing and assembling them into finished products, and re-exporting these to consumers and distributors abroad.
Reinvigorating the trade policy agenda: Think supply chain!
Bernard Hoekman, Selina Jackson, 23 January 2013
International supply chains have become a fundamental feature of global commerce, with goods being processed – and value being added – in the multiple countries that are part of the chain.
How much global trade governance should there be?
Simon Lester, 20 January 2013
Trade agreements seem to be getting deeper, intruding on policy areas that were traditionally viewed as matters of purely national concern (WTO 2011, 2012). This differs considerably from the WTO’s original focus on protectionism (Lester 2013).
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