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Governance and Economic Integration: Stakes for Asia

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  • Owen, Robert F.

    (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

  • Owen, Robert F., 2013. "Governance and Economic Integration: Stakes for Asia," ADBI Working Papers 425, Asian Development Bank Institute.
    • Handle: RePEc:ris:adbiwp:0425
    as

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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

    as
    1. Avinash Dixit, 2009. "Governance Institutions and Economic Activity," American Economic Review, American Economic Association, vol. 99(1), pages 5-24, March.
    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. 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.
    4. repec:adr:anecst:y:1989:i:15-16:p:02 is not listed on IDEAS
    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.
    6. 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.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    governance; economic integration; regional integration; asia; regional policy; asian economic community; european union;

    JEL classification:

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

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