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The economics of ASEM: Success formula for Europe and Asia

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  • Sahng-Gyoun Lee

Abstract

The creation of ASEM raises a basic question on the co-existence of two seemingly contradictory phenomena: the strengthening of multilateralism and the deepening of regionalism. In light of such view, ASEM provides an important momentum in restructuring the world economy. This paper discusses the relationship between ASEM and regionalism in the new world economic order. It attempts to find basic principles and proper approaches to turn ASEM into a successful framework for economic cooperation between Europe and Asia.

Suggested Citation

  • Sahng-Gyoun Lee, 2000. "The economics of ASEM: Success formula for Europe and Asia," Global Economic Review, Taylor & Francis Journals, vol. 29(1), pages 53-66.
    • Handle: RePEc:taf:glecrv:v:29:y:2000:i:1:p:53-66
    DOI: 10.1080/12265080008449781
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