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Prospects for Regional Cooperation between Latin America and the Caribbean Region and the Asia and Pacific Region : Perspective from East Asia

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Author Info

  • Erlinda M. Medalla

    (Asian Development Bank Institute)

  • Jenny D. Balboa
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    Abstract

    The Asia and Pacific region and Latin American and Caribbean region are two regions divided not only by vast geographic distance, but also by disparities in economics, politics, culture, and history. Most recently, a number of forums explored the possibility of closing such gaps and linking the two regions through various trade and investment initiatives. The opportunities for cooperation abound and could touch on areas that will improve the regional value chain and enhance the innovation and competitiveness of both regions. Interregional cooperation could also help the two regions seek ways to deal with the current global economic crisis through a range of opportunities to stimulate the economy. This paper explores the potential for regional cooperation between the Asia and Pacific region and Latin America and the Caribbean. It also provides some recommendations to enhance the economic partnership of the two regions.

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    File URL: http://www.eaber.org/node/22813
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    Bibliographic Info

    Paper provided by East Asian Bureau of Economic Research in its series Governance Working Papers with number 22813.

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    Date of creation: Jan 2010
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    Handle: RePEc:eab:govern:22813

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    Postal: JG Crawford Building #13, Asia Pacific School of Economics and Government, Australian National University, ACT 0200
    Web page: http://www.eaber.org
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    Related research

    Keywords: Asia Pacific; Latin American; Caribbean; trade; investment; interregional cooperation;

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    References

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    1. Mohamed ARIFF, 2006. "Comment on "Regional Integration in East Asia: Achievements and Future Prospects"," Asian Economic Policy Review, Japan Center for Economic Research, Japan Center for Economic Research, vol. 1(2), pages 235-236.
    2. Hadi SOESASTRO, 2006. "Regional Integration in East Asia: Achievements and Future Prospects," Asian Economic Policy Review, Japan Center for Economic Research, Japan Center for Economic Research, vol. 1(2), pages 215-234.
    3. Peter Drysdale, 2005. "Regional Cooperation in East Asia and FTA Strategies," Asia Pacific Economic Papers, Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University 344, Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University.
    4. Josef T. YAP, 2006. "Comment on "Regional Integration in East Asia: Achievements and Future Prospects"," Asian Economic Policy Review, Japan Center for Economic Research, Japan Center for Economic Research, vol. 1(2), pages 237-238.
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