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Institutionalizing Northeast Asia: Challenges and Opportunities

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  • Timmermann, Martina

Abstract

With North Korea going nuclear, tensions ever present in the Taiwan Strait, and growing posturing over territories thought to be rich in resources, the question of how lasting peace, order, stability and prosperity can be achieved in Northeast Asia has become increasingly important. Globalisation and China’s galloping economy have caused radically different economic growth rates in Northeast Asia, resulting in constant fluctuations in the balance of power among the nations in the region. With new emerging threats to security as well as threats posed by environmental degradation and disasters, the old concept of sovereign independence no longer offers satisfactory solutions for Northeast Asia. Instead, alternatives are needed that provide more plausible answers to Northeast Asia’s emerging challenges. In so doing, Institutionalizing Northeast Asia advances the notion of regional institutionalism as a counterweight to the principle of sovereignty, arguing that regional cooperation via regional institution-building is the right “recipe” for dealing with the growing intertwinement of global issues and developments with needs and interest at the regional and national levels, as well as the demand for supra-territorial policy responses to such issues as trade, finance, the environment, human rights and human security. The copyright of this article which is the introductory chapter of the book: Institutionalizing Northeast Asia: Regional Steps towards Global Governance, Tokyo: UNUP 2008, rests with United Nations University Press; for further information on the book and its 19 chapters on political economy, security, norms and identity, environment, human rights, migration and human security in Northeast Asia, go to: http://www.unu.edu/unupress2008/institutionalizingNEAsia.html

Suggested Citation

  • Timmermann, Martina, 2008. "Institutionalizing Northeast Asia: Challenges and Opportunities," MPRA Paper 11556, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:11556
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    File URL: https://mpra.ub.uni-muenchen.de/11556/1/MPRA_paper_11556.pdf
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    References listed on IDEAS

    as
    1. Wilfred J. Ethier, 1998. "Regionalism in a Multilateral World," Journal of Political Economy, University of Chicago Press, vol. 106(6), pages 1214-1245, December.
    2. J.S. Eades, 2005. "East Asia," Chapters,in: A Handbook of Economic Anthropology, chapter 34 Edward Elgar Publishing.
    3. Swati R. Ghosh, 2006. "East Asian Finance : The Road to Robust Markets," World Bank Publications, The World Bank, number 7063.
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    More about this item

    Keywords

    institutionalism; regionalism; norms; identity; security: economy; trade; investment; finance; multilateralism; balance of power; sovereignty; energy; environment; human rights; human migration; human security; Northeast Asia; Korea; China; Japan; ASEAN+3; Russia; Shanghai Cooperation Organization; Six-Party Talks; ASEAN Charter;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F5 - International Economics - - International Relations, National Security, and International Political Economy
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • Y2 - Miscellaneous Categories - - Introductions and Prefaces

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