SemesterSpring Semester, 2018
DepartmentGraduate Institute of East Asian Studies MA Program, First Year
Course NameChina and Economic Integration in Asia
Instructor
Credit3.0
Course TypeElective
Prerequisite
Course Objective
Course Description
Course Schedule































































































































































週次



Week

課程主題



Topic

課程內容與指定閱讀



Content and Reading Assignment

教學活動與作業



Teaching Activities and Homework

學習投入時間



Student workload expectation

課堂講授



In-class Hours

課程前後



Outside-of-class Hours

1

Introduction of the Course

  1. Gill, Indermit and Homi Kharas, 2007. An East Asian Renaissance: Ideas for Economic Growth, World Bank, Washington, DC, pp. 1-44. (http://siteresources.worldbank.org/INTEASTASIAPACIFIC/Resources/226262-1158536715202/EA_Renaissance_full.pdf)

  2. Global Trade 2025: A Transformed World, Executive Summary. 2008. National Intelligence Council, pp. 1-5; pp. 28-36; pp. 80-88. (http://www.dni.gov/nic/NIC_2025_project.html)



 

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3

4

2

Integration Theories and the Determinants of Asian Economic Integration

  1. Frost, Ellen L., 2008. Asia’s New Regionalism, Boulder: Lynne Rienner Publication, pp. 1-19.

  2. Lee, Jong-Wha and Kiseok Hong (2010): “Economic Growth in Asia: Determinants and Prospects”, ADB Economics Working Paper No. 220, Asian Development Bank, Manila (http://www.adb.org/documents/working.../economics-wp220.pdf)

  3. Asian Development Bank (ADB). 2008. Emerging Asian Regionalism: A Partnership for Shared Prosperity. Manila: Asian Development Bank. Chapter 6.

 



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3

Comparison between Asian and European Integration

  1. Webber, Douglas & Bertrand Fort. 2005. Regional Integration in East Asia and Europe, Routledge, pp. 1-13; pp.17-37.

  2. Pascha, Werner. 2004. “Economic Integration in East Asia and Europe: A Comparison,” Duisburg Working Papers on East Asian Economic Studies, No. 68 (http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.202.3538&rep=rep1&type=pdf)

  3. Murray, Philomena. 2010. “Comparative regional integration in the EU and East Asia: Moving beyond integration snobbery,” International Politics, Vol. 47, No. 3/4, pp. 308-323.

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4

Asia’s Early Economic Integration and China’s Economic Reforms

  1. Kwan, Chi Hung (2002): “The Rise of China and Asia’s Flying-Geese Pattern of Economic Development: An Empirical Analysis Based on US Import Statistics”, RIETI Discussion Paper Series 02-E-009 (http://www.rieti.go.jp/jp/publications/dp/02e009.pdf)

  2. Naughton, Barry, 2007. The Chinese Economy. Cambridge: The MIT Press, pp. 377-422.

  3. Asian Development Bank (ADB). 2008. Emerging Asian Regionalism: A Partnership for Shared Prosperity. Manila: Asian Development Bank. Chapters 1-2

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5

China’s Economic Reforms and Its Changing Role in the Regional Economy

  1. Fan, Shenggen, Ravi Kanbur, Shang-Jin Wei, and Xiaobo Zhang. 2013. “The Economics of China: Successes and Challenges,” National Bureau of Economic Research (NBER) Working Paper 19648 (http://www.nber.org/papers/w19648)

  2. Branstetter, Lee & Nicholas Lardy. 2006. “China’s Embrace of Globalization,” National Bureau of Economic Research (NBER) Working Paper 12373 (http://www.nber.org/papers/w12373)

  3. Feenstra, Robert C. & Shang-Jin Wei. 2009. “Introduction to ‘China’s Growing Role in World Trade,” National Bureau of Economic Research (NBER) Working Paper 14716 (http://www.nber.org/papers/w14716)

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6

Trade: The Role of Chinese Trade and Asian Trading Pattern

  1. Li, Chunding, Jing Wang, and John Whalley, 2014, “China’s Regional and Bilateral Trade Agreements,” National Bureau of Economic Research (NBER) Working Paper 19853 (http://www.nber.org/papers/w19853)

  2. Lincoln, Edward J. 2004. East Asian Economic Regionalism. Washington: Brookings Institution Press, pp. 42-71.

  3. Xing, Yuqing and Neal Detert, 2010, “How the iPhone Widens the Trade Deficit of the United States with the People’s Republic of China,” ABDI Working Paper, No. 257 (https://www.adb.org/sites/default/files/publication/156112/adbi-wp257.pdf)

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7

Investment (I): China’s Inbound FDI and FDI in Asia

  1. Branstetter Lee & C. Fritz Foley, “Facts and Fallacies about U.S. FDI in China,” in Feenstra, Robert C. & Shang-Jin Wei ed., 2010. China’s Growing Role in World Trade, pp. 513-539. (http://www.nber.org/chapters/c10471)

  2. Lincoln, Edward J. 2004. East Asian Economic Regionalism. Washington: Brookings Institution Press, pp. 72-113.

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8

Investment(II): China’s Outbound FDI and Its Impacts in Asia

  1. Yao, Shujie & Pan Wang. 2014. China’s Outward Foreign Direct Investments and Impact on the World Economy, New York: Palgrave MacMillan, pp. 11-78.

  2. KPMG Global China Practice. 2013. “Dancing with the Dragon: The Emergence of Chinese Multi-National Corporations and What This Means for the Rest of the Globe,” (http://www.kpmg.com/CN/en/IssuesAndInsights/ArticlesPublications/Documents/Dancing-with-the-dragon-O-201309.pdf)

  3. Ken Davies. 2012. “Outward FDI from China and its policy context,” Columbia FDI Profiles, Vale Columbia Center on Sustainable International Investment, June 7, 2012. (http://www.vcc.columbia.edu/files/vale/documents/China_OFDI_-_FINAL_-_7_June_2012_3.pdf)Buckley, Peter J. and Clegg, Jeremy and Crossetal (2007), “The Determinants of Chinese Outward Foreign Direct Investment,” Journal of International Business Studies, Vol. 38, No. 4, pp. 499-518.

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9

Finance: China’s RMB Reforms and Monetary Cooperation in Asia

  1. Lincoln, Edward J. 2004. East Asian Economic Regionalism. Washington: Brookings Institution Press, pp. 194-230.

  2. Borst, Nicholas and Nicholas Lardy. 2015. “Maintaining Financial Stability in the People’s Republic of China during Financial Liberalization,” Peterson Institute for International Economics, Working Paper, WP 15-4, revised August 2015.

  3. Cheng Hsiao, Yan Shen, and Wenlong Bian. 2015. “Evaluating the Effectiveness of China's Financial Reform—The Efficiency of China's Domestic Banks.” USC-INET Research Paper No.15-15.

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10

Production Chain Connectivity: China and Production Networks in Asia

  1. Haddad, Mona. 2007. “Trade Integration in East Asia: The Role of China and Production Networks”, Policy Research Working Paper No. 4160, World Bank, Washington, DC (http://www-wds.worldbank.org/servlet/WDSContentServer/WDSP/IB/2007/03/06/000016406_20070306101249/Rendered/PDF/wps4160.pdf).

  2. Athukorala, Prema-chandra. 2010. “Production Networks and Trade Patterns in East Asia: Regionalization or Globalization?” Working Papers on Regional Economic Integration No. 56, Asian Development Bank, Manila (http://www.adb.org/documents/papers/regional-economic-integration/WP56-Trade-Patterns-East-Asia.pdf).

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11

Asian Regionalism: The Origin and Development

  1. Aggarwal, Vind K. & Min Gyo Koo ed., 2008. Asia’s New Institutional Architecture, pp. 1-34; pp. 35-58.

  2. Munakata, Naoko. 2006. Transforming East Asia: The Evolution of Regional Economic Integration. Washington: Brookings Institution Press, pp. 8-36; pp. 62-80.

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12

ASEAN and China in the Asian Regional Integration

  1. Aggarwal, Vind K. & Min Gyo Koo ed., 2008. Asia’s New Institutional Architecture, pp. 151-180.

  2. Narine, Shaun. 2002. Explaining ASEAN: Regionalism in Southeast Asia. Boulder: Lynne Rienner Publsher, Chapters 1-2.

  3. Bergsten, C. Fred. 2007. “China and Economic Integration in East Asia: Implications for the United States,” (https://piie.com/sites/default/files/publications/pb/pb07-3.pdf)

  4. Das, Dilip K. 2014. “The Role of China in Asia's Evolution to Global Economic Prominence,” Asia & the Pacific Policy Studies, Vol.1, Issue. 1, pp.216–229.

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13

Monetary Integration in Asia

  1. Volz, Ulrich. 2010. Prospects for Monetary Cooperation and Integration in East Asia, MIT Press, Cambridge, MA, pp. 141-202.

  2. Sussangkam, Chalongphob. 2010. “The Chiang Mai Initiative Multilateralism: Origin, Development and Outlook,” Asian Development Bank Institute (ADBI) Working Paper 230 (http://www.adbi.org/working-paper/2010/07/13/3938.chiang.mai.initiative.multilateralisation/)

  3. Henning, C. Randall. 2009. “The Future of the Chiang Mai Initiative: An Asian Monetary Fund?” PIIE Policy Brief 09-5, Peterson Institute for International Economics, Washington, DC (http://www.iie.com/publications/pb/pb09-5.pdf)

  4. Kawai, Masahiro. 2015. “From the Chiang Mai Initiative to an Asian Monetary Fund,” ADBI Working Paper No. 527, Asian Development Bank Institute, Tokyo (http://www.adbi.org/working-paper/2015/05/20/6612.chiang.mai.asian.monetary.fund/)

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14

Trade Integration in Asia

  1. Aggarwal, Vind K. & Min Gyo Koo ed., 2008. Asia’s New Institutional Architecture, pp. 89-120; pp. 135-156.

  2. Sally, Razeen. 2010. “Regional Economic Integration in Asia: The Track Record and Prospects,” ECIPE Occasional Paper No. 2. (http://ecipe.org/app/uploads/2014/12/regional-economic-integration-in-asia-the-track-record-and-prospects.pdf)

  3. Meredith Kolsky Lewis. 2013. “The TPP and the RCEP (ASEAN＋6) as Potential Paths Toward Deeper Asian Economic Integration,” Asian Journal of WTO & International Health Law and Policy, Vol. 8, No. 2, pp. 359-378, (http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2385517)

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15

Financial Integration in Asia

  1. Sohn, Injoo. 2008. “Learning to Co-Operate: China's Multilateral Approach to Asian Financial Co-Operation,” The China Quarterly, Vol. 2008, Issue 194, pp. 309-326.

  2. Henning, C. Randall. 2002. “East Asian Financial Cooperation,” Policy Analyses in International Economics 68, Institute for International Economics, Washington, DC (http://bookstore.piie.com/book-store/345.html).

  3. Volz, Ulrich. 2012. “Lessons of the European Crisis for Regional Monetary and Financial Integration in East Asia,” ADBI Working Paper No. 346, Asian Development Bank Institute, Tokyo (http://adbi.org/files/2012.02.21.wp347.lessons.european.crisis.east.asia.pdf)

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16

China’s Institutional Building: Shanghai Cooperation Organization

  1. Li, Mingjiang. 2009. “China’s participation in Asian multilateralism: pragmatism prevails,” in Ron Huisken ed., Rising China: Power and Reassurance, Australian National University Press, pp. 147-164.

  2. Aggarwal, Vind K. & Kristi Govella ed., 2013. Linking Trade and Security, pp. 111-134.

  3. Chung, Chien-Peng. 2004. “The Shanghai Co-Operation Organization: China's Changing Influence in Central Asia,” The China Quarterly, Vol. 2004, Issue 180, pp. 989-1009.

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17

China’s New Initiative: One Belt One Road

  1. Vision and Actions on Jointly Building Silk Road Economic Belt and 21st-Century Maritime Silk Road, Issued by the National Development and Reform Commission, Ministry of Foreign Affairs, and Ministry of Commerce of the People's Republic of China, with State Council authorization, 28 March 2015.

  2. The Economist Intelligence Unit, “Prospects and challenges on China’s ‘one belt, one road’: a risk assessment report,” 2015

  3. Shuaihua Wallace Cheng, “China’s New Silk Road: Implications for the US,” Yale Global, 28 May 2015.

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18

Final Assessment and Prospects on China and Asian Economic Integration

  1. Munakata, Naoko. 2006. Transforming East Asia: The Evolution of Regional Economic Integration. Washington: Brookings Institution Press, pp. 8-36; pp. 169-186.

Students’



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Teaching Methods
Teaching Assistant

無


Requirement/Grading

Response Papers (30%)



Each student need to write three short response papers (2 to 3 single-spaced pages). Each paper should be distributed to all seminar members, by posting it on the class website (course discussion club in Facebook). Other seminar participants are expected to read the response papers prior to class.



These are analytical response papers, analyzing and discussing the required readings for a particular week. These papers should include a short summary of the readings (i.e. two-three sections) and a major critical analysis. A successful response paper should focus on the strengths and weaknesses of the readings, the possible intersections among the readings, and potential theoretical issues or practical policy questions for the future research. Each week should have at least two students writing a response paper.



 



Discussion Leader (20%)



Each student is expected to be a discussion leader at least once during the semester. The chief responsibility of the discussion leader includes: first, the discussion leader should use PowerPoint to conduct an oral presentation regarding a summary of the assigned readings. Second, he should make some comments on other students’ response papers and present his/her arguments. Third, the discussion leader should raise three theoretical or policy questions related to the topic of the week, in order to guide the direction and stimulate the class discussion. The total time for the former two items should not be more than twenty minutes. For the rest of the time (totally, within 50 minutes), the discussion leaders should focus on guiding students to fully discuss the raised three questions, the responses, or any questions of students. The professor will assist the discussion leader to direct the discussion and provide additional explanations and analyses.



Each course may have two-three discussion leaders depended on the final number of students in the class. Each discussion leader may concentrate on one-two assigned readings and articles to conduct PowerPoint presentation respectively.



 



Final Research Paper (30%):



Students shall write a paper during the course of the semester. There are two options for students to choose. The first one is a book review. Students can choose one book that is related to the course and write a critical review paper. The chosen book must be approved by the instructor in advance. The published date of book shall not be earlier than 2000. The second option is to write a research paper. The topic should be policy-oriented and related to the topics covered in this course. Students are expected to focus on one specific issue and to undertake relevant information collection, comparison, and analysis. The topic of paper shall also be approved by instructor first before writing. Both kinds of paper shall not be longer than 8,000 characters or 10 pages (using 12 point Times New Roman and one-half-spaced). Students need to discuss with the instructor before the 10th week of semester to decide the topic of paper. Students are expected to do oral presentation (using PowerPoint) about their research paper no more than 15 minutes (it will depend on the number of students) by the end of the semester. The final research paper shall be printed out and handed to the instructor in the last class of the semester.



 



Class Participation and Attendance (20%):



Students are expected to actively participate in class discussion. Students should provide their arguments (a logical and organized statement, not personal feeling or opinion), questions, or objections related to the topic of the week during the class discussion. The class discussion is designed to make students feel comfortable to speak freely, in order to enhance the understanding of the readings and to inspire further interests in the covered issues.



Student shall sign the attendance sheet each time, which will be accumulated by the end of semester for providing the proof of attendance grade. Students are allowed to take three time leaves with justified reasons. Students who fail to attend class more than three times without justified reasons would be given zero in attendance grade.


Textbook & Reference

Aggarwal, Vind K. & Kristi Govella ed., 2013. Linking Trade and Security, Dordrecht: Springer.



Aggarwal, Vind K. & Min Gyo Koo ed., 2008. Asia’s New Institutional Architecture, Dordrecht: Springer.



Frost, Ellen L., 2008. Asia’s New Regionalism, Boulder: Lynne Rienner Publication.



Lincoln, Edward J. 2004. East Asian Economic Regionalism. Washington: Brookings Institution Press.



Munakata, Naoko. 2006. Transforming East Asia: The Evolution of Regional Economic Integration. Washington: Brookings Institution Press.



Naughton, Barry, 2007. The Chinese Economy. Cambridge: The MIT Press.



Yao, Shujie & Pan Wang. 2014. China’s Outward Foreign Direct Investments and Impact on the World Economy, New York: Palgrave MacMillan


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