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Trade and Investment Cooperation in East Asia: Concerns, Prospects and Issues

Author

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  • Wilfred J. Ethier

    (Department of Economics, University of Pennsylvania)

Abstract

This paper attempts to provide a context for the discussion of possible trade and investment cooperation is East Asia. First I describe the present role in the world economy of regional cooperative arrangements. These seem to be concerned primarily with foreign investment, secondarily with national economic-policy credibility, and thirdly with other issues, such as trade and migration. I discuss the changing role of East Asia in the global economy, especially with regard to the role of the multilateral trading system. This changing role raises the issue of possible East Asian cooperation, which I discuss in the light of the present function of regional arrangements. I attempt to identify potential benefits and dangers and the circumstances to which these are sensitive.

Suggested Citation

  • Wilfred J. Ethier, 2008. "Trade and Investment Cooperation in East Asia: Concerns, Prospects and Issues," Working Papers 002-08, International School of Economics at TSU, Tbilisi, Republic of Georgia.
    • Handle: RePEc:tbs:wpaper:08-002
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    More about this item

    Keywords

    investment; cooperation;

    JEL classification:

    • D60 - Microeconomics - - Welfare Economics - - - General
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General

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