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Seoul Journal of Economics
[ Article ]
Seoul Journal of Economics - Vol. 24, No. 2, pp.99-123
ISSN: 1225-0279 (Print)
Print publication date 30 May 2011
Received 27 Oct 2010 Revised 17 Nov 2010 Accepted 10 Mar 2011

The Rise of China and the Repositioning of Asian NAEs

Won Bae Kim
Research Advisor, Gyeonggi Research Institute, 179, Pajang-dong, Jangan-gu, Suwon 440-290, Korea, Tel: +82-31-250-3297, Fax: +82-31-250-3118 winterpine@gri.re.kr

JEL Classification: F59, R11

Abstract

As a result of the rise of China, East Asian countries are adjusting themselves around China through a very complex web of interdependence along fluid but distinctive transborder spaces. This paper examines the adjustments being made by Japan and the newly advanced economies in Asia. Coastal China is at the center of the transformation of economic geography of East Asia, indicating the maritime focus of the evolving production networks. With the emergence of transborder spaces, city-regions are busy forging inter-city networks across the border. The article concludes that the capacity of cities and city-regions in the larger transformation process depends upon their position within the national and international political economy settings.

Keywords:

China, Asian NAEs, Economic interdependence, Specialization, Transborder spaces

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