Changing Regionalism In South-East Asia: Some Theoretical And Practical Aspects

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Changing Regionalism In South-East Asia: Some Theoretical And Practical Aspects

Author Info

Zuzana Stuchlíková

Abstract

There are many sophisticated discussions about the possible effects of the regional economic cooperation. Their results have been ambiguous. However, it is evident that regional trade agreements (RTAs) have been increasingly transforming international trade, especially since the second half of the 1990s. The region of South-East Asia has become more interested in such cooperation only after the Asian financial crisis in 1997. Especially the case of Japan proves how the Asian governments have changed their approach to the international economic cooperation. They shifted the emphasis from the multilateral negotiations under the umbrella of the WTO to regional and bilateral agreements. However, despite its fast pace the process of regionalism in South-East Asia is still at the very beginning. It remains to be seen whether the Asian countries will stay on the level of broader FTAs or whether they will follow the European example of a deep economic and political integration.

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Article provided by University of Economics, Prague in its journal Acta Oeconomica Pragensia.

Volume (Year): 2008 (2008)
Issue (Month): 2 ()
Pages: 90-108
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Handle: RePEc:prg:jnlaop:v:2008:y:2008:i:2:id:59:p:90-108

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Find related papers by JEL classification:
F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
F14 - International Economics - - Trade - - - Country and Industry Studies of Trade
F15 - International Economics - - Trade - - - Economic Integration
F52 - International Economics - - International Relations and International Political Economy - - - National Security; Economic Nationalism
F53 - International Economics - - International Relations and International Political Economy - - - International Agreements and Observance; International Organizations
F59 - International Economics - - International Relations and International Political Economy - - - Other

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