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Sequencing Asian Regionalism: Theory and Lessons from Europe

Author

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  • Baldwin, Richard

    () (Graduate Institute, Geneva University)

Abstract

Massive intra-Asian economic integration has been accompanied by very little institution building. This paper considers whether Asia needs new institutions by drawing lessons from the EU’s supranational integration sequence and EFTA’s intergovernmental sequence. Sequencing theory is presented and used to structure historical narrative of Europe’s and Asia’s sequencing and then used to draw implications of the analysis for future efforts to bring regional institutions to Asia.

Suggested Citation

  • Baldwin, Richard, 2012. "Sequencing Asian Regionalism: Theory and Lessons from Europe," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 27, pages 1-32.
  • Handle: RePEc:ris:integr:0559
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    Citations

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    Cited by:

    1. John Leslie, 2015. "Regionalism by diffusion and design: Australasian policymakers, Europe and Asian-Pacific economic integration," Asia Europe Journal, Springer, vol. 13(2), pages 193-210, June.
    2. Jong-Eun Lee, 2016. "Exchange Rate Dynamics with Foreign Reserves: Revisiting the Dornbusch Overshooting Model," Review of Development Economics, Wiley Blackwell, vol. 20(2), pages 406-414, May.
    3. L Alan Winters, 2015. "The WTO and Regional Trading Agreements: Is it all over for Multilateralism?," RSCAS Working Papers 2015/94, European University Institute.

    More about this item

    Keywords

    Regional Integration Sequencing; Feedback Mechanisms; Juggernaut Effect; Domino Effect;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements

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