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Governance and Economic Integration: Stakes for Asia

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  • Robert F. Owen

    (Asian Development Bank Institute)

Abstract

This paper assesses the nexus between changes in governance structures—at national and cooperative international levels—and evolutionary processes of economic integration in light of regional policy targets in Asia. The analysis highlights the importance of improved governance as an essential condition for effectively attaining an “Asian Economic Community” while arguing that the experience of the European Union offers valuable insights regarding the process of integration.

Suggested Citation

  • Robert F. Owen, 2013. "Governance and Economic Integration: Stakes for Asia," ADBI Working Papers 425, Asian Development Bank Institute.
    • Handle: RePEc:ris:adbiwp:0425
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    File URL: http://www.adbi.org/files/2013.05.31.wp425.gov.economic.integration.stakes.asia.pdf
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    References listed on IDEAS

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    1. Acemoglu, Daron & Johnson, Simon & Robinson, James A., 2005. "Institutions as a Fundamental Cause of Long-Run Growth," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 6, pages 385-472, Elsevier.
    2. Daron Acemoglu & Simon Johnson & James A. Robinson, 2001. "The Colonial Origins of Comparative Development: An Empirical Investigation," American Economic Review, American Economic Association, vol. 91(5), pages 1369-1401, December.
    3. Avinash Dixit, 2009. "Governance Institutions and Economic Activity," American Economic Review, American Economic Association, vol. 99(1), pages 5-24, March.
    4. Dani Rodrik & Arvind Subramanian & Francesco Trebbi, 2004. "Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development," Journal of Economic Growth, Springer, vol. 9(2), pages 131-165, June.
    5. Charles WYPLOSZ, 2006. "Deep Economic Integration: Is Europe a Blueprint?," Asian Economic Policy Review, Japan Center for Economic Research, vol. 1(2), pages 259-279, December.
    6. Philippe Aghion, 2005. "Growth and Institutions," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 32(1), pages 3-18, March.
    7. repec:adr:anecst:y:1989:i:15-16:p:02 is not listed on IDEAS
    8. Alexis Jacquemin, 1989. "The European Internal Market Challenge and the Role of Microeconomic Analysis," Annals of Economics and Statistics, GENES, issue 15-16, pages 39-50.
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    Cited by:

    1. Abdul Rahim Ridzuan & Noraina Mazuin Sapuan & Nur Hayati Abd Rahman & Halimahton Borhan & Azhana Othman, 2019. "The Impact of Corruption on Environmental Quality in the Developing Countries of ASEAN 3: The Application of the Bound Test," International Journal of Energy Economics and Policy, Econjournals, vol. 9(6), pages 469-478.
    2. Tarun Bose & Jannatul Bristy, 2017. "Are Countries Participating into Regional Integration Performing Better in Growth and Liberalization Than Non-Participators? A Study on European Countries," International Journal of Business and Management, Canadian Center of Science and Education, vol. 12(2), pages 171-171, January.
    3. Shahzad Ali & Tahreem Ejaz & Ali Sajjad & Rimsha Fiaz, 2025. "Financial inclusion and renewable energy in the face of extreme weather conditions: a CS-ARDL analysis of agricultural production in ASEAN-5," Economic Change and Restructuring, Springer, vol. 58(3), pages 1-23, June.

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    More about this item

    Keywords

    governance; economic integration; regional integration; asia; regional policy; asian economic commun;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

    NEP fields

    This paper has been announced in the following NEP Reports:

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