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Globalisation, Crises and the Emergence of New Asian Regionalism: Genesis and Current Development

In: New Asian Regionalism

Author

Listed:
  • Tran Hoa

Abstract

This chapter is focused on the rising trends, heated discussions and growing support, at both the government, business and academic levels, to a new regional economic integration and free trade agreement, namely ASEAN+3 [or ASEAN plus China, Japan and Korea (see ASEAN, 2002)], in Asia and their policy implications. Special attention is paid to the case of the East Asia 3 above as the key players in this new development. An analytical and methodological evaluation, based on historical evidence, is discussed and comments are provided on its plausibility and viability and the proposal of rival models from the international organisations (such as the International Monetary Fund (IMF)). We suggest that our cliometric methodological analysis and forecasting is a useful alternative to studying ASEAN+3 policy issues and can be successfully extended to evaluative studies of other economic integrations and free trade arrangements in Asia, Oceania (e.g. ASEAN+5) and other regions or trading blocs.

Suggested Citation

  • Tran Hoa, 2003. "Globalisation, Crises and the Emergence of New Asian Regionalism: Genesis and Current Development," Palgrave Macmillan Books, in: Tran Hoa & Charles Harvie (ed.), New Asian Regionalism, chapter 2, pages 9-22, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37756-1_2
    DOI: 10.1057/9780230377561_2
    as

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