Chapters

ACRONYMS

FOREWORD

LIST OF CONTRIBUTORS

Chapter 1 Recent Trend of Asia's Trade and Investment

1.1 Trade of Asia in 2015

1.2 Asia's Trade in Intermediate Goods

1.3 FDI Inflows and Outflows in Asia

Chapter 2 Trade Interdependence among the Asian Economies

2.1 Asia's Trade Integration Index

2.2 The Trade Interdependence Indices for Asia: Past and Present

2.3 Trade Flows among Selected Asian Economies

2.4 Direction and Pattern of Dependence in Intra-regional Flows of Intermediate Goods

Chapter 3 Interdependence of Asian Economies in Factory Asia

3.1 Pattern of Interdependence Remained Stable

3.2 Product Dependence and Competitive Advantage of AsianEconomies in the Global Value Chain

3.3 Pattern of Competitive Advantages among Three Global Factories

Chapter 4 FDI Interdependence in Asia

4.1 Interdependence Index of Inward FDI

4.2 Interdependence Index of Outward FDI

4.3 FDI Self-dependence in Asia

Chapter 5 Integration in Asia's Service Sector

5.1 Changing Structure of Asia's Service Trade

5.2 Asia's Service Integration by Agreement

5.3 Index of Asia's Service Trade Integration

5.4 Integration Index of Asian Tourism

Chapter 6 Financial Integration

6.1 Portfolio Investment in Asia:Capital Flight amid Growing Uncertainty

6.2 Dejure and De facto Financial Openness of Asia

6.3 Index of Business Cycle Synchronization

6.4 Financial Integration Based on Regional Savings and Investment

6.5 Stock Market Correlation Indices in Asia

6.6 Inflation Correlation Indices in Asia

Summary and Outlook

Appendix Important Events of the Asian Economic Integration

REFERENCES

ACKNOWLEDGEMENTS