Globalisation, Crises and the Emergence of New Asian Regionalism: Genesis and Current Development
Globalisation, Crises and the Emergence of New Asian Regionalism: Genesis and Current Development
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全球化、危机与新亚洲区域主义的出现:起源与当前发展
DOI:
10.1057/9780230377561_2
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发表时间:
2003
期刊:
影响因子:
--
通讯作者:
T. V. Hoa
中科院分区:
文献类型:
--
作者:
T. V. Hoa
This chapter is focused on the rising trends, heated discussions and growing support, at both the government, business and academic levels, to a new regional economic integration and free trade agreement, namely ASEAN+ 3 [or ASEAN plus China, Japan and Korea (see ASEAN, 2002)], in Asia and their policy implications. Special attention is paid to the case of the East Asia 3 above as the key players in this new development. An analytical and methodological evaluation, based on historical evidence, is discussed and comments are provided on its plausibility and viability and the proposal of rival models from the international organisations (such as the International Monetary Fund (IMF)). We suggest that our cliometric methodological analysis and forecasting is a useful alternative to studying ASEAN+ 3 policy issues and can be successfully extended to evaluative studies of other economic integrations and free trade arrangements in Asia, Oceania (eg ASEAN+ 5) and other regions or trading blocs.The structure of the chapter is as follows. The next section discusses the regional and international developments that essentially led to Asian FTAs and regional economic integration in Asia. Section 3 briefly reviews the theoretical fundamentals of economic integrations and the empirical support that have been put forward to justify the creation of Asian FTAs and economic integration is reviewed. Then on the case of Korea and its trading relationship with the 10 countries in ASEAN and on how this relationship that has been cultivated in the past 35 years can be used to support ASEAN+ 3 is focused on. The section after that analyses the