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East Asian Economic Regionalism

East Asian Economic Regionalism

Paperback

Business GeneralEconomics

ISBN10: 0815752172
ISBN13: 9780815752172
Publisher: Brookings Institution Press
Published: Mar 16 2004
Pages: 292
Weight: 0.90
Height: 0.80 Width: 5.98 Depth: 8.96
Language: English

A Brookings Institution Press and the Council on Foreign Relations publication
Something new is happening across East Asia. A region notable for its lack of internal economic links is discussing regional cooperation on trade, investment, and exchange rates. Because of negotiations elsewhere around the globe on regional trade--such as those that led to the consolidation of the European Union, the formation of the North American Free Trade Area, and the rapid proliferation of bilateral free trade areas--the talk is not surprising. Nevertheless, East Asia's past inertia with regard to forming a regional partnership raises many questions about its emerging regionalism. Why has the region suddenly shifted from taking a global approach to economic issues to discussing a regional bloc? How fast and how far will the new regionalism progress? Will the region become a version of the European Union, or something far less? What is the probable impact on American economic and strategic interests--are the likely developments something that the U.S. government should encourage or discourage? Edward Lincoln takes up these questions, exploring what is happening to regional trade and investment flows and what sort of regional arrangements are the most sensible.


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Lincoln, Edward J.

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Economics