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Japan's Asian Policy Strategy: Evolution of and Prospects for Multilateralism in Security, Trade and Financial Cooperation

Author

Listed:
  • Takashi Terada

    (Professor, Faculty of Law, Doshisha University)

Abstract

In the postwar period, cooperation in the fields of security, trade and finance in Asia had been conducted mainly through bilateral arrangements. However, since 2010, there have been remarkable advances in cooperation by dint of multilateral frameworks. With regard to security framework, the East Asia Summit has served to promote compliance with laws in relation to territorial disputes in the South China Sea. As for trade liberalisation, negotiations for regional integration have been progressing under such frameworks as the Trans-Pacific Partnership (TPP) and the Regional Comprehensive Economic Partnership (RECP), a framework for regional integration in East Asia.

Suggested Citation

  • Takashi Terada, 2014. "Japan's Asian Policy Strategy: Evolution of and Prospects for Multilateralism in Security, Trade and Financial Cooperation," Public Policy Review, Policy Research Institute, Ministry of Finance Japan, vol. 10(1), pages 227-252, March.
    • Handle: RePEc:mof:journl:ppr024h
    as

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    File URL: https://warp.da.ndl.go.jp/info:ndljp/pid/11217434/www.mof.go.jp/english/pri/publication/pp_review/ppr024/ppr024h.pdf
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    References listed on IDEAS

    as
    1. Bhagwati, Jagdish, 2008. "Termites in the Trading System: How Preferential Agreements Undermine Free Trade," OUP Catalogue, Oxford University Press, number 9780195331653.
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    More about this item

    Keywords

    multilateralism; regional integration; financial cooperation; regional security dialogue;
    All these keywords.

    JEL classification:

    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements

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