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ASEAN between globalization and regionalization

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  • Lurong Chen
  • Philippe De Lombaerde

Abstract

The purpose of this article is to test the hypothesis that the ‘ASEAN way’ is different from other regional integration schemes, as measured by the relative importance of its de facto regionalization patterns, the importance of its ASEAN+ frameworks, and its globalization-regionalization nexus. A set of indicators using intra- and extra-regional flow data of various sorts are explored and used to compare the ASEAN integration experience with some benchmark cases worldwide. Four aspects are thereby considered: (1) globalization and economic openness, (2) trade liberalization, (3) regional production sharing, and (4) foreign investment promotion.

Suggested Citation

  • Lurong Chen & Philippe De Lombaerde, 2019. "ASEAN between globalization and regionalization," Asia Pacific Business Review, Taylor & Francis Journals, vol. 25(5), pages 729-750, October.
    • Handle: RePEc:taf:apbizr:v:25:y:2019:i:5:p:729-750
    DOI: 10.1080/13602381.2019.1652982
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    Cited by:

    1. Diletta Pegoraro & Lisa Propris & Agnieszka Chidlow, 2022. "Regional factors enabling manufacturing reshoring strategies: A case study perspective," Journal of International Business Policy, Palgrave Macmillan, vol. 5(1), pages 112-133, March.
    2. Angela Pennisi di Floristella & Xuechen Chen, 2022. "Building resilient supply chains in uncertain times: a comparative study of EU and ASEAN approaches to supply chain resilience," Asia Europe Journal, Springer, vol. 20(4), pages 457-475, December.

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