Asia Beyond the Global Economic Crisis
Author | : Satoshi Inomata |
Publisher | : Edward Elgar Publishing |
Total Pages | : 225 |
Release | : 2011-01-01 |
ISBN-10 | : 9780857930507 |
ISBN-13 | : 0857930508 |
Rating | : 4/5 (07 Downloads) |
Download or read book Asia Beyond the Global Economic Crisis written by Satoshi Inomata and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The characteristic feature of the recent Global Economic Crisis is the speed and extent of the shock transmission. The development of cross-national production networks in recent years has significantly deepened the economic interdependency between countries, and a shock that occurs in one region can be swiftly and extensively transmitted to the rest of the globe. The sudden contraction of world trade and output is a negative outcome of this intertwined global economic system. Based on the method known as international input-output analyses, this book provides a detailed examination of the mechanics of shock transmission by probing the labyrinth of complex supply networks among nations.