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This title was first published in 2000: When the second Asia-Europe meeting took place in London in April 1998, the EU's economic motivation of building strong links with Asia was challenged by the ongoing Asian economic crises that broke out in mid-1997. The political and social turmoil that ensued in many East Asian economies not only urges the re-examination of the East Asian economic miracle, but also reprioritizes the regional agenda and thus embarks on a new environment for Asia-Europe co-operation. The impact of this Asian turbulence on the establishment of the long-term Asia-Europe equal partnership in general and the ASEM process in particular are addressed in this book, based on the conclusions of the 1998 Asia-Europe Co-operation Forum. The aim of this book is to examine the background causes, responses, prospects and lessons of the first wave of financial crisis in Southeast Asia, and to then move on to an analysis of developments in Asia-Europe co-operative relations after the onset of the crisis. It examines the importance of continued interregional economic co-operation between ASEAN and the EU, looks at the economic impact of the 1997/98 East Asian financial crisis on the EU and analyzes the economic fabric of ASEM. In the final chapter, the book explores how the ASEM process has furthered the development of interregionalism in world affairs and discusses how the crisis has led to uncertainty for the organization's future development.
Applying established theories to concrete phenomena, Asian-European Relations provides a comprehensive understanding of inter-regionalism and how co-operation between Asia and Europe should be fashioned in the new millennium. It contributes to the most recent developments in research by providing impressively rich studies to test existing theoretical frameworks
This book gives a critical assessment of the ASEM process, which now brings together all 27 EU members, the European Commission and 16 East Asian states, and examines its progress in terms of economic and social development, politics and culture.
Amidst the Eurozone crisis, the European Union (EU) is stepping up its dialogue and engagement with and within Southeast Asia. The EU’s contemporary approach towards Asia emphasises the importance of open economies and common challenges of the 21st Century. So-called non-traditional security issues have been portrayed increasingly as an avenue to share experiences and enhance cooperation between the EU and Southeast Asia. This contemporary conceptual re-orientation demands a closer look at the EU as an actor in Southeast Asia. This book is the first contemporary monograph-length discussion of the EU as a politico-security actor in in the region post-Cold War. Drawing upon the historical and institutional context and a broad range of empirical case studies, it considers the non-traditional security crises of the late 1990s and early 2000s in Southeast Asia as triggers for enhanced regional and inter-regional cooperation. In doing so, the book construes new insights into our understanding of the EU as a global actor and its normative influence in regions far away from Europe. Providing a crisis-centric and sector-specific analysis which is much-needed, the book will be of interest to scholars of Southeast Asian Politics and European Politics, as well as policy-makers.
This volume offers to compare and explain variances of regionalism in Asia by disclosing the distinctive features of regional arrangements and how they evolved during the 1990s and 2000s against the background of a changing global environment. Moreover, it takes up a genuinely ‘inter-Asian’ perspective. By analysing and comparing diverse manifestations of regional integration agreements across Asia and its different sub-regions, it sets out to track their common characteristics and sub-regional facets with respect to their establishment, design and consequences. In addition, political processes accompanying their negotiation and implementation are scrutinized. The analysis encompasses nine case studies written by renowned scholars who together as a group combine an extraordinary mixture of different disciplinary backgrounds as well as expertise on shapes and processes of regional integration in different parts of Asia. The case studies seize on some of the most important features and controversial issues characterizing the second regionalism. Such are the emergence and impact of overlapping FTAs, regional financial and sub-regional economic integration and cooperation, power and the politics of regional integration as well as the nexus between conflict resolution, state failure and regional integration.
What is the relationship between globalization and economic security? This is a keen new engagement with this key question, which uses detailed conceptual exploration and empirical analysis.
New regionalism and globalization have been prominent themes in academic and political debates since the beginning of the 1990s. Despite the considerable amount of scholarly attention that the new regionalism has received in recent years, its full empirical and theoretical potential has yet to be fully investigated. This illuminating study provides an overview of new avenues in theorizing regionalism and proposes a consolidated framework for analysis and comparison. Offering a comparative historical perspective of European and Southeast Asian regionalism, it presents new and imaginative insights into the theory and practice of regionalism and the links between regional developments, globalization and international order.
This book focuses on the role of the state in promoting a country's long-term technological progress and industrial leadership. Throughout history, a nation's rise to dominance has invariably been followed by its fall; the dominant powers of today are not the same ones that controlled the world three hundred years ago. In the same manner, economic dominance has usually been fleeting, as leading nations have routinely been caught up and surpassed by challengers. This study looks at Schumpeterian growth - currently the most important source of economic growth - which credits the ability to use technological progress for the benefit of industrial leadership as the key motor of national development and economic success. Contrasting the experiences of five great powers (Britain, France, Germany, the USA and Japan) during five periods of technological and industrial leadership, from the Industrial Revolution to the beginning of the twenty-first century, the book draws on historical and comparative methods to draw causal inferences about international progress and leadership. It explores various factors that promote or hinder technological advancement and how these can in turn effect national development. It concludes that where states have forged ahead and maintained a lead over their rivals, it is because consensus and cohesion prevented vested interests from growing powerful enough to block structural economic change. By applying economic theory to long-term historical models, this book offers a fascinating perspective on the causes and effects of national growth and industrial leadership. It will be invaluable reading for anyone with an interest in international relations and global economic trends, both modern and historical.
What is the relationship between globalization and economic security? Globalisation and Economic Security in East Asia is an incisive new engagement with this important question that uses detailed conceptual exploration and fresh empirical analysis. Viewing traditional neorealist conceptions of economic security as overly narrow, this new study suggests that any conception of economic security in the contemporary era needs to also pay close attention to the nature of global capitalism, and the insecurities it generates for societies and individuals. This uniquely open-ended approach to conceptualizing economic security is supported by the East Asian experience. The country case studies included here reveal that while economic security has largely been posed as one of ensuring sustainable economic growth and equitable social development, particularly following the 1997 to 1998 Asian financial crisis, other, more realist conceptions of economic security have not become irrelevant. This is also an exploration of whether and how national, regional and multilateral institutions, as well as non-state regional mechanisms, help policy makers meet the task of governing in the interests of economic security. This book will be of great interest to all students and scholars of international relations, international political economy of East Asia globalization and security studies.
This volume presents the state of the art of the new phenomenon interregionalism examining both empirical observations and theoretical explanations.