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East Asian Regional Cooperation: Approaches and Processes

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Author Info
Austria, Myrna S.
Abstract

East Asia has been caught with regionalism in recent years. There has been a proliferation of bilateral and regional trading arrangement initiatives across the region. Long known for their support to the multilateral framework under the WTO, the leading economies in the region (Japan, South Korea, China and Singapore) have been pursuing bilateral arrangements with other economies within and outside the region. The ASEAN is also at the center stage of these initiatives. Such a development is a big contrast to the trading landscape in the region prior to the end of the last millennium. What explains this new interest in finding new arrangements for cooperation? And where will this lead East Asia? This paper attempts to address these questions. In particular, the paper examines the factors behind the growing sense of regionalism in the region; analyzes the approaches and processes of regional cooperation, highlighting the elements and features that distinguish and set the region apart from the other major regional cooperation in the world; and explores the possibilities of where will the growing regional cooperation initiatives lead East Asia.

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Paper provided by Philippine Institute for Development Studies in its series Discussion Papers with number DP 2003-02.

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Length: 26
Date of creation: 2003
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Handle: RePEc:phd:dpaper:dp_2003-02

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Keywords: liberalization economic integration regional cooperation regionalism

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Richard E. Baldwin, 1997. "The Causes of Regionalism," The World Economy, Blackwell Publishing, vol. 20(7), pages 865-888, November. [Downloadable!] (restricted)
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  2. John Whalley, 1999. "Developing Countries in the Global Economy: A Forward Looking View," CSGR Working papers series 36/99, Centre for the Study of Globalisation and Regionalisation (CSGR), University of Warwick.
  3. Sam Laird, 1999. "Regional Trade Agreements: Dangerous Liaisons?," The World Economy, Blackwell Publishing, vol. 22(9), pages 1179-1200, December. [Downloadable!] (restricted)
  4. Ethier, Wilfred J, 1998. "The New Regionalism," Economic Journal, Royal Economic Society, vol. 108(449), pages 1149-61, July. [Downloadable!] (restricted)
  5. Anne O. Krueger, 1999. "Are Preferential Trading Arrangements Trade-Liberalizing or Protectionist?," Journal of Economic Perspectives, American Economic Association, vol. 13(4), pages 105-124, Fall. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Pasadilla, Gloria, 2004. "East Asian Cooperation: The ASEAN View," Discussion Papers DP 2004-27, Philippine Institute for Development Studies. [Downloadable!]
  2. Avila, John Lawrence V., 2004. "A Comparative Study of Bilateral FTA/CEP Arrangements," Discussion Papers DP 2004-28, Philippine Institute for Development Studies. [Downloadable!]
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