1887

OECD Territorial Reviews: Trans-border Urban Co-operation in the Pan Yellow Sea Region, 2009

image of OECD Territorial Reviews: Trans-border Urban Co-operation in the Pan Yellow Sea Region, 2009
The Pan Yellow Sea Region (PYSR) covers the coasts of Northern China (Bohai Rim), western and southern Korea and south-western Japan (Kyushu). It has been one of the fastest growing economic zones in East Asia since China’s opening in the early 1990s, thanks to the region’s extensive manufacturing and transportation networks. Development has been driven by cities such as Dalian, Qingdao and Tianjin in China, Busan and Incheon in Korea, and Fukuoka and Kitakyushu in Japan. 

However, the PYSR has yet not fully utilised its assets nor reached its potential for growth.  Further economic integration has been hindered by excessive competition and inadequate co-operation within the region. The regional transportation system requires structural changes to be integrated, especially in the container transportation market. Deepening the region’s social and cultural network remains a challenge. And environmental concerns are increasingly attracting attention. This report analyses these factors and assesses a wide range of policies to improve the PYSR’s competitiveness and integration.

In particular, the report examines the PYSR’s trans-border governance system, which has emerged since the 1990s as a key regional policy agenda. The harmonisation of authorities within the region is a prerequisite to achieving economic success and addressing the PYSR’s diverse challenges. A comparative analysis of trans-border cooperation in OECD countries in Europe and North America is also included in an annex. This report will be of special interest to policy makers, researchers, NGOs and others active in trans-border development or Asian economic development. 

English Korean

.

Trends in trans-border co-operation in the Pan Yellow Sea Region

Unlike other locally-driven sub-national economic blocs in East Asia – such as the Southern China Growth Triangle (SCG T) and SI JORI  – the Pan Yellow Sea Region (PYSR ), spanning the coastal areas of the Yellow Sea in Northeast Asia, has a relatively short history. Its spontaneous process of economic integration only began in the early 1990s, when the Chinese economy opened up and began functioning as the world’s factory. In this short period, however, the PYSR has made significant progress in pursuing trans-border economic exchange. Intra-regional trade amongst the three PYSR countries (hereafter, China, Japan and Korea) has exploded, almost doubling from 12.7% of total trade volume of all three countries in 1990, to 23.9% in 2005. In terms of intra-regional investment, as of 2006, Korea and Japan were the world’s largest and second largest providers of foreign direct investment (FDI ) to China respectively, excluding Hong Kong. In addition, these three countries have jointly forged an extensive and dense production network to become a leading global manufacturing base. In 2007, the three countries’ global share in the output of their key industries of shipbuilding, electronics and automobiles was 85.2%, 41.6% and 33.6% respectively (see Section 2.1 for more).

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error