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Industrialization through Vertical Production Networks: Can Laos Participate?

  • Daisuke Hiratsuka
  • Souknilanh Keola
  • Motoyoshi Suzuki
Part of the IDE-JETRO Series book series (IDE)

Abstract

It is obvious that in East Asia de facto economic integration, whereby the manufacturing production process is split and located across many countries by multinational corporations (MNCs) virtually without any formal integration such as free trade arrangements, is far more advanced than de jure economic integration. Even though the process of de jure, or formal, economic integration in East Asia is still in its early stages, the region had already signed several free trade agreements by the end of 2005, while several others are currently under negotiation.

Keywords

Foreign Direct Investment Transportation Cost Trade Volume Trade Cost Economic Integration 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Institute of Developing Economies (IDE), JETRO 2008

Authors and Affiliations

  • Daisuke Hiratsuka
  • Souknilanh Keola
  • Motoyoshi Suzuki

There are no affiliations available

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