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Provides the first systematic analysis of new Asian regionalism as a paradigm shift in international economic law.
The fast-growing last decade of strong economic growth of the Association of Southeast Asian Nations (ASEAN) has played a critical role in Asia-Pacific regionalism and global trade. This book explores the concept of ASEAN law under the normative framework of the new regional economic order. It examines the roadmap of the new ASEAN Economic Community Blueprint 2025 by evaluating the impact of ASEAN trade agreements on domestic legislation on professional services, financial integration, investment disputes and digital trade. More importantly, it sheds light on the legal implications of ASEAN's agreements with China and India and the potential developments of mega-regional trade agreements such as the CPTPP and the RCEP. Hence, the legal analysis and case studies in the book offer a fresh view of Asia-Pacific integration and bridge the gap between academia and practice.
As Asia grows and prospers, its economies are increasingly vital to each other -and to the world. Led by a team of ADB staff, scholars, and advisers to regional policy makers, this study highlights what is at stake the emerging Asian regionalism and lays out the ground for further discussion on how to move forward.
This collection of selected studies by well-known experts in major Asian countries surveys, discusses and analyzes emerging problems and challenges facing them. It proposes prescriptions for better regional economic integration and more effective economic management in the future. The book's area of study includes economics and business development, development economics, trade and investment, global competitiveness economics policy in Asia, globalisation, the WTO, and regional and international economic integration.
'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
Regional institutions are an increasingly prominent feature of world politics. Their characteristics and performance vary widely: some are highly legalistic and bureaucratic, while others are informal and flexible. They also differ in terms of inclusiveness, decision-making rules and commitment to the non-interference principle. This is the first book to offer a conceptual framework for comparing the design and effectiveness of regional international institutions, including the EU, NATO, ASEAN, OAS, AU and the Arab League. The case studies, by a group of leading scholars of regional institutions, offer a rigorous, historically informed analysis of the differences and similarities in institutions across Europe, Latin America, Asia, Middle East and Africa. The chapters provide a more theoretically and empirically diverse analysis of the design and efficacy of regional institutions than heretofore available.
Asia is a crucial battleground for power and influence in the international system. It is also a theater of new experiments in regional cooperation that could redefine global order. Whose Ideas Matter? is the first book to explore the diffusion of ideas and norms in the international system from the perspective of local actors, with Asian regional institutions as its main focus. There's no Asian equivalent of the EU or of NATO. Why has Asia, and in particular Southeast Asia, avoided such multilateral institutions? Most accounts focus on U.S. interests and perceptions or intraregional rivalries to explain the design and effectiveness of regional institutions in Asia such as SEATO, ASEAN, and the ASEAN Regional Forum. Amitav Acharya instead foregrounds the ideas of Asian policymakers, including their response to the global norms of sovereignty and nonintervention. Asian regional institutions are shaped by contestations and compromises involving emerging global norms and the preexisting beliefs and practices of local actors. Acharya terms this perspective "constitutive localization" and argues that international politics is not all about Western ideas and norms forcing their way into non-Western societies while the latter remain passive recipients. Rather, ideas are conditioned and accepted by local agents who shape the diffusion of ideas and norms in the international system. Acharya sketches a normative trajectory of Asian regionalism that constitutes an important contribution to the global sovereignty regime and explains a remarkable continuity in the design and functions of Asian regional institutions.
This book provides readers with a unique opportunity to learn about one of the new regional trade agreements (RTAs), the China–Australia Free Trade Agreement (ChAFTA), that has been operational since December 2015 and is now at the forefront of the field. This new agreement reflects many of the modern and up-to-date approaches within the international economic legal order that must now exist within a very different environment than that of the late eighties and early nineties, when the World Trade Organization (WTO) was created. The book, therefore, explores many new features that were not present when the WTO or early RTAs were negotiated. It provides insights and lessons about new and important trade issues for the twenty-first century, such as the latest approaches to the regulation of investment, twenty-first century services and the emerging digital/knowledge economy. In addition, this book provides new understandings of the latest RTA approaches of China and Australia. The book's contributors, all foremost experts on their subject matter within this field, explore the inclusion of many traditional trade and investment agreement features in the ChAFTA, showing their continuing relevance in modern contexts.
Asian nations are no longer "rising" powers in the world order; they have risen. How will they conduct themselves in world politics? How will they deploy their considerable and growing power individually and collectively? These questions are critical for global governance. Conventional wisdom claims that, lacking in institutions that accumulate and coordinate the massive economic and growing military strength of Asian nations, the Asian region will continue to punch below its weight in world politics; thin and patchy institutionalization results in political weakness. In Asian Designs, Saadia M. Pekkanen and her collaborators question and provide evidence on these core assumptions of Western scholarship. The book advances a new framework for debate and sophisticated examinations of institutional arrangements for several major issue areas in the world order—security, trade, environment, and public health. Contributors Vinod K. Aggarwal, University of California at Berkeley C. Randall Henning, American University Keisuke Iida, University of Tokyo Purnendra Jain, University of Adelaide David Kang, University of Southern California Saori N. Katada, University of Southern California Min Gyo Koo, Seoul National University Kerstin Lukner, University of Duisburg-Essen Takamichi Tam Mito, Kwansei Gakuin University James Clay Moltz, Naval Postgraduate School Saadia M. Pekkanen, University of Washington Kim DoHyang Reimann, Georgia State University Kellee S. Tsai, Hong Kong University of Science and Technology Ming Wan, George Mason University