Revisiting Globalization: Southeast Asia in the Global Factory

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Prema-chandra Athukorala (Australian National University) Hal Christopher Hill (Australian National University)

Revisiting Globalization

Name: Revisiting Globalization
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ISBN: 9781009738453

Southeast Asia in the Global Factory

Prema-chandra Athukorala (Australian National University), Hal Christopher Hill (Australian National University)

$158.95 $127.20

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English

Cambridge University Press
21 May 2026

Globalization; Development economics; Manufacturing industries

Series: Elements in Development Economics

One of the most significant innovations in international industrial organization over the past half-century has been the vertical disintegration of production, with different stages carried out in different countries-a process widely known as the Global Manufacturing Value Chain (GMVC). Trade based on global production sharing within GMVC has been the primary driver behind the dramatic shift in world manufacturing exports from developed to developing countries. However, there are growing concerns in policy circles about whether the GMVC is beginning to lose momentum. This study examines this issue with reference to Southeast Asian countries, which serve as an ideal laboratory for such an analysis. Engagement in GMVC has played a major role in the economic dynamism of these countries, although their levels of participation vary significantly. This title is also available as open access on Cambridge Core.

By: Prema-chandra Athukorala (Australian National University), Hal Christopher Hill (Australian National University)
Imprint: Cambridge University Press
Country of Publication: United Kingdom
Weight: 299g
ISBN: 9781009738453
ISBN 10: 1009738453
Series: Elements in Development Economics
Pages: 110
Publication Date: 21 May 2026
Audience: General/trade , ELT Advanced
Format: Hardback
Publisher's Status: Active

1. Introduction; 2. The Process of Global Production Sharing; 3. Initial Conditions and Policy Regime Shifts; 4. Global Manufacturing Value Chain and Trade Patterns; 5. Global Manufacturing Value Chain and Industrialization; 6. Conclusions and Inferences.