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Costs and Benefits of Economic Integration in Asia brings together authoritative essays that identify and examine various initiatives to promote economic integration in Asia.
Introduction -- ch. 1. China and East Asia production network -- ch. 2. The internationalisation of China's Renminbi -- ch. 3. The internationalisation of Chinese enterprises -- ch. 4. Cross-strait economic relations: Taiwan's perspective -- ch. 5. CEPA and Mainland-Hong Kong's economic relations --ch. 6. China-Asean economic relations remain resilient despite rising challenges -- ch. 7. Ever-bonding Sino-Korean economic relationship but questionable contribution to regional integration -- ch. 8. China and Japan: great economic integration without a bilateral free trade agreement -- ch. 9. The political economy of East Asia economic integration.
The fifteen essays in this volume address from several viewpoints the question of what role population change played in East Asia's rapid economic development.
South Asian leaders have made it a priority to tackle key regional issues such as poverty, environment degradation, trade and investment barriers and food insecurity, among others.
The European Union might be the most prominent example of regional integration but it is by far not the only one. The importance of regional integration in Africa, Asia, Latin America, the Caribbean and even in the Pacific Islands region is constantly growing. All these regions aspire for more than pure economic cooperation. In addition to intensified economic cooperation, political, legal and cultural aspects are important factors as well that form a Mixtum Compositum of regional integration elements. The present volume discusses these different components of regional integration in theoretical perspective and in a policy-oriented approach. It contributes to comparative regional integration studies through theoretical analysis and case studies from different regions. Elements of Regional Integration presents the main features of regional integration in an interdisciplinary manner. It addresses scholars of political sciences, economics and law as well as students and is suited as accompanying material for courses.
The year 2015 has special significance for regional economic integration. The ASEAN Community, integrating the political, economic and social aspects of regional cooperation, will complete its first milestone by December 2015. Expectations of tangible benefits under an ASEAN Economic Community have attracted much attention though many of the initiatives will be realized post-2015.Following the policy of open regionalism, ASEAN has also signed free trade agreements with Australia, New Zealand, China, India, Japan and South Korea. It has launched negotiations for the Regional Comprehensive Economic Partnership (RCEP) agreement in 2013, with expected breakthrough by end-2015.The Southeast Asian economies are also involved in two other regional initiatives. First is the Trans-Pacific Partnership (TPP), initiated by the United States. As part of the U.S. "e;pivot to Asia"e;, the TPP is envisioned as a "e;comprehensive and high-quality"e; agreement and has concluded its negotiation in October 2015. Second, the discussions on regional connectivity have broadened; China has emerged as a recent lead proponent with its proposals for "e;One Belt, One Road"e; and the Asian Infrastructure Investment Bank.All these together have implications not only for individual Southeast Asian countries but also for regional trading architecture. To aid in understanding the beginnings, development, and potential of these grand plans, this collection of 22 essays offers a rich analysis of ASEAN's own economic integration and other related initiatives proliferating in the broader Asia-Pacific region.
Ch. 23. Encompassing the AEC blueprint into ASEAN's subregional frameworks : A commentary / Gary P. Krishnan -- Theme 4. Socio-cultural. ch. 24. Population ageing in ASEAN : Prospects and implications / Kang Soon Hock and Yap Mui Teng. ch. 25. Making ASEAN relevant to the young / Diana Lee. ch. 26. ASEAN and human capital / Faizal Bin Yahya. ch. 27. The ASEAN quest for greater engagement and commitment / Braema Mathiaparanam -- Theme 5. External relations. ch. 28. Lao PDR's role in ASEAN-China trade ties / H.E. Prime Minister Bouasone Bouphavanh. ch. 29. ASEAN's diplomatic importance to China / Sheng Lijun. ch. 30. ASEAN as a mover of Asian regionalism / Akiko Fukushima. ch. 31. What I have always wondered about ASEAN : A perspective from ROK / Lee Sun-Jin. ch. 32. India's place and ASEAN's primacy in the New East Asia / P.S. Suryanarayana. ch. 33. Reflections on regionalism : The ASEAN journey / Simon Murdoch. ch. 34. ASEAN and Latin America : Time for a vibrant connectivity / Paulo Alberto da Silveira Soares. ch. 35. Building a strategic partnership : A review of relations between ASEAN and the ILO / Ng Gek-Boo -- Theme 6. The future. ch. 36. The future of ASEAN : Obsolescent or resilient? / Amitav Acharya. ch. 37. How Can ASEAN stay relevant? / Joergen Oerstroem Moeller. ch. 38. ASEAN into the future : Towards a better monitoring and evaluation of regional co-operation programmes / Azmi Mat Akhir. ch. 39. Strengthening the foundation for an ASEAN community / Wilfrido V. Villacorta
The Pacific Trade and Development (PAFTAD) conference series has been at the forefront of analysing challenges facing the economies of East Asia and the Pacific since its first meeting in Tokyo in January 1968. The 38th PAFTAD conference met at a key time to consider international economic integration. Earlier in the year, the people of the United Kingdom voted to leave the European Union and the United States elected Donald Trump as their next president on the back of an inward-looking ‘America First’ promise. Brexit and President Trump represent a growing, and worrying, trend towards protectionism in the North Atlantic countries that have led the process of globalisation since the end of the Second World War. The chapters in the volume describe the state of play in Asian economic integration but, more importantly, look forward to the region’s future, and the role it might play in defending the global system that has underwritten its historic rise. Asia has the potential to stand as a bulwark against the dual threats of North Atlantic protectionism and slowing trade growth, but collective leadership will be needed regionally and difficult domestic reforms will be required in each country.
This report, published by the OECD's International Futures Programme in co-operation with the Bob Hawke Prime Ministerial Centre in Australia, aims to stimulate informed debate about the main integration issues facing the Asia-Pacific region in the ...
Observing the dramatic shift in world politics since the end of the Cold War, Peter J. Katzenstein argues that regions have become critical to contemporary world politics. This view is in stark contrast to those who focus on the purportedly stubborn persistence of the nation-state or the inevitable march of globalization. In detailed studies of technology and foreign investment, domestic and international security, and cultural diplomacy and popular culture, Katzenstein examines the changing regional dynamics of Europe and Asia, which are linked to the United States through Germany and Japan. Regions, Katzenstein contends, are interacting closely with an American imperium that combines territorial and non-territorial powers. Katzenstein argues that globalization and internationalization create open or porous regions. Regions may provide solutions to the contradictions between states and markets, security and insecurity, nationalism and cosmopolitanism. Embedded in the American imperium, regions are now central to world politics.