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Exploring regionalism from a political economic perspective, this text investigates why regional arrangements are formed, the conditions under which these arrangements solidify, and why they take on different institutional forms.
While major theories of economic regionalism in the existing literature are primarily constructed to explore institutionalized regional integration, European integration in particular, the analytical framework developed in this work explains the unique process and pattern of regional integration in East Asia.
Examining the effects of economic and political restructuring on regions in Europe and North America, the main themes here are: international economic restructuring; political realignments questions of territorial identity; and policy choices and policy conflicts in regional development.
'Too often analyses of East Asia are written by outsiders. the great merit of this broad ranging and well-conceived collection is to showcase original perspectives from China, Korea and Japan. As such, it is a welcome addition to the existing literature.' - Mark Beeson, the University of Birmingham, UK
Combining an analysis of regionalism from a systemic view with a domestic political-economy analysis, this book sheds light on the new dynamics and emerging configurations of regionalisms and interregionalisms in the post-Trans-Pacific Partnership (TPP). Donald Trump’s presidency has transformed trans-Pacific economic and political relations, contrasting sharply with President Obama’s ‘pivot to Asia’ strategy. Unilateralism and bilateralism have returned to the center stage, at the cost of regionalism, interregionalism, and multilateralism. Understanding these new dynamics requires closer examination of the underlying domestic political economies. Examining ten country case studies of multi-actor agency at the national level, expert contributors argue that trans-Pacific relations should not only be explained in terms of the behavior of the major powers, but that medium powers, and even small countries, can exert influence and occupy strategic nodes and contribute to shaping a new international relations network. Their findings will be of interest to scholars of international relations, international political economy, regionalism, and international economics.
Featuring a notable list of international contributors, this book presents a systematic and stimulating discussion on regionalism, covering topical issues such as recent financial crises, enlargement within EU and the post-Lome regionalism of Africa.
This book examines the distinctive evolution of the political and economic relationships of East Asia. It does this by placing East Asian development in the unique historical circumstances that have underpinned its rise to power over the last few decades. This detailed analysis provides the basis for an assessment of a unified East Asian region.
Regional economic arrangements such as free trade areas (FTAs), customs unions, and currency blocs, have become increasingly prevalent in the world economy. Both pervasive and controversial, regionalization has some economists optimistic about the opportunities it creates and others fearful that it may corrupt fragile efforts to encourage global free trade. Including both empirical and theoretical studies, this volume addresses several important questions: Why do countries adopt FTAs and other regional trading arrangements? To what extent have existing regional arrangements actually affected patterns of trade? What are the welfare effects of such arrangements? Several chapters explore the economic effects of regional arrangements on patterns of trade, either on price differentials or via the gravity model on bilateral trade flows. In addition, this book examines the theoretical foundation of the gravity model. Making extensive use of the gravity model of bilateral trade, several chapters explore the economic effects of regional arrangements. In addition, this book examines the theoretical foundation of the gravity model.
This book explores the current anatomy of regional cooperation and why it has often failed to take hold. It offers an alternative view of politics and international relations in the Middle East. The findings show that co-operation between many of the more open regimes, such as Israel, Jordan, Egypt, Palestine and Turkey can pave the way to increased stability in the region. The authors argue that focusing on international and regional factors alone is insufficient in explaining the prevailing instability in the region. Instead they highlight domestic factors as crucial to understanding conflict and co-operation in the Middle East. Using many examples and looking particularly at Turkey's experiences, this study shows why it is essential to mobilize domestic support for co-operation amongst countries and regions of the Middle East. Without such support from economic and social groups, inter-governmental co-operation is less likely to last.
In the face of increasing economic globalization, the countries of southern Africa have made commitments to enhanced regional development and the integration of their economies. Margaret Lee examines the challenges to regionalism in southern Africa, providing a critical assessment of the prospects for successful implementation. Lee's detailed study of the processes driving (or inhibiting) regional integration is firmly grounded in the history of the Southern African Development Community (SADC). Her analysis of the evolution of the SADC regional economy, as well as its political, social, and economic contexts, is a major contribution to debates about the merits and pitfalls of regionalism and options for African integration.