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East Asian and European Economic Integration: A Comparative Analysis

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  • Capannelli, Giovanni

    ()
    (Asian Development Bank)

  • Filippini, Carlo

    ()
    (Bocconi University)

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    Abstract

    This paper compares the economic integration processes of the European Union and the East Asian nations and comments on the possible reciprocal lessons, if any, that can be drawn in order to smooth the future paths of the two groups. On the EU side, institutions, structural policies, and the monetary union are most relevant, and in East Asia, production networks, trade, and financial cooperation. Both entities are presently facing difficult challenges to progress and growth.

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    File URL: http://aric.adb.org/pdf/workingpaper/WP29_East_Asian_and_European_Economic_Integration.pdf
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    Bibliographic Info

    Paper provided by Asian Development Bank in its series Working Papers on Regional Economic Integration with number 29.

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    Length: 40 pages
    Date of creation: 01 May 2009
    Date of revision:
    Handle: RePEc:ris:adbrei:0029

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    Keywords: East Asia; European Union; regional integration; economic cooperation;

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    References

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    1. McKinnon, Ronald I., 1979. "Money in International Exchange: The Convertible Currency System," OUP Catalogue, Oxford University Press, number 9780195024098, September.
    2. Siow Yue CHIA, 2006. "Labor Mobility and East Asian Integration," Asian Economic Policy Review, Japan Center for Economic Research, vol. 1(2), pages 349-367.
    3. Ando, Mitsuyo, 2006. "Fragmentation and vertical intra-industry trade in East Asia," The North American Journal of Economics and Finance, Elsevier, vol. 17(3), pages 257-281, December.
    4. Charles WYPLOSZ, 2006. "Deep Economic Integration: Is Europe a Blueprint?," Asian Economic Policy Review, Japan Center for Economic Research, vol. 1(2), pages 259-279.
    5. Prema-chandra Athukorala & Nobuaki Yamashita, 2005. "Production Fragmentation and Trade Integration: East Asia in a Global Context," Departmental Working Papers 2005-07, The Australian National University, Arndt-Corden Department of Economics.
    6. Capannelli, Giovanni & Lee, Jong-Wha & Petri, Peter, 2009. "Developing Indicators for Regional Economic Integration and Cooperation," Working Papers on Regional Economic Integration 33, Asian Development Bank.
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    Cited by:
    1. Carolina SMOCHINA & Tatiana CERNEI, 2012. "The process of europeanisation reviewed: the implication of the court of justice of the European Union," Anale. Seria Stiinte Economice. Timisoara, Faculty of Economics, Tibiscus University in Timisoara, vol. 0, pages 179-184, May.

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