Abstract
This paper extends the conceptual framework of "unbundling" proposed by Baldwin (2016), and tries to provide a starting point for reorganizing development strategies of ASEAN member states (AMS). While AMS have largely been successful in utilizing the mechanics of the second unbundling with a reduction in communication costs, there still exists a lot of room for exploiting its benefits. In addition, a new wave of the third unbundling, which comes with a reduction in face-to-face costs, has already arrived at ASEAN, and AMS must start incorporating it into their development strategies.
Original language | English |
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Pages (from-to) | 13-21 |
Number of pages | 9 |
Journal | Journal of Southeast Asian Economies |
Volume | 35 |
Issue number | 1 |
DOIs | |
Publication status | Published - 2018 Apr |
Keywords
- Industrial promotion
- Infrastructure
- International commercial policies.
- Production network
- Unbundling
ASJC Scopus subject areas
- Finance
- Economics and Econometrics
- Political Science and International Relations