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Political Economy of East Asian Regional Integration and Cooperation

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  • Saori N. Katada

Abstract

In the last decade, East Asia has engaged in constructing numerous mechanisms to enhance regional cooperation in the areas of trade and finance. However, the region’s economic architecture exhibits certain idiosyncrasies such as an eclectic institutional structure and a limited level of commitment shown by its members. These idiosyncrasies seem to prevent regional cooperation from becoming deeper and more coherent. This paper focuses on the political factors that have thus far shaped the institutional form of East Asian regional trade and financial cooperation, particularly in the three essential aspects of regionalism derived from the theories of regional institution building. The first aspect is the level at which governments are willing to compromise sovereignty and political autonomy for the sake of regional cooperation. [ADBI Working Paper 170]

Suggested Citation

  • Saori N. Katada, 2010. "Political Economy of East Asian Regional Integration and Cooperation," Working Papers id:3059, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:3059
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    References listed on IDEAS

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    3. Koremenos, Barbara & Lipson, Charles & Snidal, Duncan, 2001. "The Rational Design of International Institutions," International Organization, Cambridge University Press, vol. 55(04), pages 761-799, September.
    4. Richard E. Baldwin, 2008. "Managing The Noodle Bowl: The Fragility Of East Asian Regionalism," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 53(03), pages 449-478.
    5. Ethier, Wilfred J, 1998. "The New Regionalism," Economic Journal, Royal Economic Society, vol. 108(449), pages 1149-1161, July.
    6. Kahler, Miles, 2000. "Legalization as Strategy: The Asia-Pacific Case," International Organization, Cambridge University Press, vol. 54(03), pages 549-571, June.
    7. Frieden, Jeffry A., 1991. "Invested interests: the politics of national economic policies in a world of global finance," International Organization, Cambridge University Press, vol. 45(04), pages 425-451, September.
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    Keywords

    East Asia; cooperation; idiosyncrasies; financial; autonomy;

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