ACRONYMS FOREWORD LIST OF CONTRIBUTORS Chapter 1 Recent Trend of Asia's Trade and Investment 1．1 TradeofAsia in 2016 1．2 Asia's Trade in Intermediate Goods： Persistence in Slowdown 1．3 FDI Inflows and Outflows in Asia Chapter 2 Trade Interdependence among the Asian Economies 2．1 MeasuringAsia'sTrade Integration 2．2 Trade Interdependence among Key Members： Past and Present 2．3 Trade Flows among Selected Asian Economies 2．4 Direction and Dependence of Intermediate Goods Trade in Asia 2．5 Basic Facts about Trade in Value Added in Asia Chapter 3 Interdependence of Asian Economies in Factory Asia 3．1 Pattern of Interdependence Remained Stable 3．2 Product Dependence and Competitive Advantage in the Global Value Chain 3．3 Pattern of Competitive Advantages among Global Factories Chapter4 FDI Interdependence in Asia 4．1 FDI Self-dependence inAsia 4．2 Inward FDI Interdependence 4．3 Outward FDI Interdependence Chapter 5 Integration in Asia's Service Sector 5．1 Features of Services Content in Asia Trade 5．2 Asia Integration Chapter6 Financial Integration 6．1 Portfolio Investment in Asia： Fragile Recovery amid Continuing Uncertainty 6．2 De jure and de facto Financial Openness of Asia 6．3 Index of Business Cycle Synchronization 6．4 Asian Financial Market Integration： Saving and Investment Correlation Indices 6．5 Stock Market Correlation Index in Asia 6．6 Inflation Correlation Index in Asia Outlook Appendix Important Events of the Asian Economic Integration REFERENCES ACKNOWLEDGEMENTS
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