Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

PL EN


2022 | 66 | 1 | 1-13

Article title

Global Value Chains (GVCs) in East Asia During the COVID-19 Pandemic – The Perspective of Japan

Content

Title variants

PL
Globalne łańcuchy wartości (GŁW) w Azji Wschodniej w dobie pandemii COVID-19 – perspektywa Japonii

Languages of publication

Abstracts

PL
Globalne łańcuchy wartości (GŁW) stały się nieodłącznym atrybutem krajobrazu gospodarczego Azji Wschodniej, jednym z kluczowych filarów procesów integracji regionalnej i międzynarodowego podziału pracy opartego na fragmentacji i specjalizacji. Głównym celem artykułu jest scharakteryzowanie wpływu pandemii COVID-19 na GŁW w Azji Wschodniej z perspektywy Japonii z wykorzystaniem miesięcznych statystyk handlowych 2020-2021. Opracowanie wskazuje na krótkoterminowy destrukcyjny wpływ na statystyki handlowe z perspektywą poprawy, jednak pod warunkiem stopniowego wygaszania pandemii, efektywnego wykorzystania koncesji Regional Comprehensive Economic Partnership (RCEP) w celu pobudzenia handlu GŁW oraz lepszej koordynacji na poziomie regionu w zakresie odpowiedzi na przyszłe kryzysy zdrowotne. Analizie statystycznej towarzyszy analiza krytyczna literatury przedmiotu. Artykuł przedstawia aktualny obraz statystyczny wpływu pandemii COVID-19 na handel wewnątrz RCEP wraz z odniesieniami do prawnych i instytucjonalnych aspektów reakcji poszczególnych krajów na kryzys zdrowotny.
EN
GVCs have become an inherent component of the economic landscape of East Asia, one of the key pillars of the regional integration processes and division of labour based on fragmentation and specialisation. The main objective of the paper was to describe the impact of COVID-19 pandemic on GVCs in East Asia from the perspective of Japan, using monthly trade statistics for 2020-2021. The paper indicates the short-term disruptive impact on trade statistics with the prospect of improvement, however, under conditions of the gradual phasing out of the pandemic, the effective utilisation of RCEP concessions to boost GVC trade, and with the better coordination of the regional response to future health crises. Statistical analysis is accompanied by critical analysis of literature in the field of research. The paper delivers the current statistical picture of the impact of the COVID-19 pandemic on intra-RCEP trade, accompanied by references to legal and institutional aspects of the response of individual countries to health crisis.

Year

Volume

66

Issue

1

Pages

1-13

Physical description

Dates

published
2022

Contributors

  • Wroclaw University of Economics and Business
  • Wroclaw University of Economics and Business

References

  • Antràs, P. (2020). De-globalisation? Global value chains in the post-Covid-19 age (NBER Working Paper Series, 28115).
  • Drelich-Skulska, B., & Bobowski, S. (2021). Relacje handlowe UE z Australią, Indiami i Japonią. In A. Kuźnar (Ed.), Demokratyczny Diament Bezpieczeństwa - budowa nowego ładu pacyficznego (pp. 73-124). Warsaw: C.H. Beck.
  • Gereffi, G., & Fernandez-Stark, K. (2011). Global value chain analysis: a primer. North Carolina: Center on Globalization, Governance & Competitiveness, Duke University Durham. Global Trade Alert. (2021). Retrieved from https://www.globaltradealert.org/country/103/affected-jurisd ictions_4,12,30,34,42,43,54,70,74,84,92,96,103,107,110,119,123,127,133,135,140,142,146,147,15 3,157,160,163,182,190,193,206,207,210,216,226,228/period-from_20200101/period-to_20221114 Hale, T. et al. (2021). A global panel database of pandemic policies (Oxford COVID-19 Government response tracker). Nature Human Behaviour, (5), 529-538. Retrieved from https://www.nature.com/ articles/s41562-021-01079-8.pdf International Trade Centre. (2021). Retrieved from https://www.trademap.org/Bilateral_TS.aspx Japanese Government Statistics. (2021). Retrieved from https://www.e-stat.go.jp/en/stat-search/ files?page=1&layout=datalist&toukei=00350300&tstat=000001013137&cycle=1&tclass1= 000001013255&tclass2val=0 Kashyap, S., & Bhattacharya, A. (2021, November 12). ASEAN's divided response to COVID-19 (East Asia Forum). Retrieved from https://www.eastasiaforum.org/2021/11/12/aseans-dividedresponse-to-covid-19/ Kimura, F., & Ando, M. (2005). Two-dimensional fragmentation in East Asia: Conceptual framework and empirics. International Review of Economics and Finance, 14(3), 317-348.
  • Martin, N. (2021, December 31). RCEP: Asia readies world's largest trade deal. Retrieved from https:// www.dw.com/en/rcep-asia-readies-worlds-largest-trade-deal/a-60267980 Meléndez-Ortiz, R. (2014). Mega-regionals: What is going on? In: Mega-regional trade agreements: Game-changers or costly distractions for the world trading system? Global agenda council on trade & foreign direct investment. Geneva: World Economic Forum. Retrieved from https://www3.weforum. org/docs/GAC/2014/WEF_GAC_TradeFDI_MegaRegionalTradeAgreements_Report_2014.pdf Pasadilla, G. O. (2020, August 17). Global value chains in ASEAN: With pandemic comes opportunity. Retrieved from https://www.iseas.edu.sg/media/commentaries/global-value-chains-in-asean-withpandemic-comes-opportunity/ Shih, W. (2020). Is it time to rethink globalized supply chains? MIT Sloan Management Review.
  • Shiraishi, T. (2021). Japan exports will rise 5.5% due to RCEP membership: UNCTAD. Retrieved 15 December 2021 from https://asia.nikkei.com/Economy/Trade/Japan-exports-will-rise-5.5-due-toRCEP-membership-UNCTAD The Oxford COVID-19 Government Response Tracker. (2022). Retrieved from https://github.com/ OxCGRT/covid-policy-tracker/blob/master/data/OxCGRT_latest.csv Worldometer. (2022). COVID-19 Coronavirus pandemic. Retrieved from https://www.worldometers.
  • info/coronavirus/#main_table Yamashita, N., & Fukasaku, K. (2021). Is the COVID-19 pandemic recasting global value chains in East Asia? (Working Papers DP-2021-19). Economic Research Institute for ASEAN and East Asia (ERIA).
  • Zhan, J. X. (2021). GVC transformation and a new investment landscape in the 2020s: Driving forces, directions, and a forward-looking research and policy agenda. Journal of International Business Policy, (4), 206-220.

Document Type

Publication order reference

Identifiers

Biblioteka Nauki
2050111

YADDA identifier

bwmeta1.element.ojs-doi-10_15611_pn_2022_1_01
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.