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New East Asian Regionalism

Causes, Progress and Country Perspectives Edited by Charles Harvie, Associate Professor and Director, Centre for Small Business and Regional Research, University of Wollongong, Australia, Fukunari Kimura, Professor, Keio University, Japan and Hyun-Hoon Lee, Professor, Kangwon National University, Korea
East Asian countries – currently the most dynamic region of the global economy – have recently pursued trade liberalization through the adoption of various forms of bilateral and plurilateral Free Trade Agreements (FTAs). The book explores the key issues and possible outcomes arising from this departure from the region’s traditional multilateral approach to trade liberalization. Implications of this new approach for the region as a whole, and key participating individual economies and blocs of economies, are emphasized.
Extent: 336 pp
Hardback Price: £96.00 Web: £86.40
Publication Date: 2005
ISBN: 978 1 84542 007 9
Availability: In Stock
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  • Asian Studies
  • Asian Economics
  • Asian Geography
  • Economics and Finance
  • Asian Economics
  • International Economics
  • Regional Economics
  • Urban and Regional Studies
  • Regional Economics
  • Regional Studies
East Asian countries – currently the most dynamic region of the global economy – have recently pursued trade liberalization through the adoption of various forms of bilateral and plurilateral Free Trade Agreements (FTAs). The book explores the key issues and possible outcomes arising from this departure from the region’s traditional multilateral approach to trade liberalization. Implications of this new approach for the region as a whole, and key participating individual economies and blocs of economies, are emphasized.

New East Asian Regionalism includes up-to-date analysis of the most recent developments in FTAs between countries in East Asia, as well as those involving countries from outside the region. Furthermore, the book includes invaluable projections on economic and welfare outcomes of regional trade agreements, using the very latest empirical techniques, and data. The book also considers the implications arising from closer financial integration in the region.

This book will be warmly welcomed by scholars of regional science, international economics and business, as well as Asian studies. Policymakers at both the national government and international organization level will also find this book of great interest.
‘The authors in this book discuss the recent upsurge of regional economic integration in the East Asian region, covering basic background, the structural characteristics of the integration, country-specific perspectives, and monetary cooperation. The virtue of the book lies not only in dealing with the Asian regionalism in a comprehensive way but also in providing many insightful analyses of its impacts on global supply, production, and distribution networks. Moreover, it analyzes monetary integration, and suggests some policy implications of the common currency basket as a means to provide stable regional integration.’
– Young-Han Kim, Journal of Regional Science
Contributors: M. Ando, S. Chirathivat, C. Harvie, K. Itoh, K. Kawasaki, F. Kimura, H.-H. Lee, Z. Lei, E. Ogawa, D. Roland-Holst, R. Scollay, C.-H. Sohn, S.K. Tayyebi, T. Van Hoa, R. Wakasugi, Y. Zhao, T. Zongming
Contents:
Part I: Introduction
1. Introduction
Charles Harvie, Fukunari Kimura and Hyun-Hoon Lee
Part II: Background and Context
2. East Asia and the Evolution of Preferential Trading Arrangements in the Asia-Pacific Region: A Stock-take
Robert Scollay
3. Global Supply Networks and Multilateral Trade Linkages: A Structural Analysis of East Asia
David Roland-Holst
Part III: Issues in Trade and Investment Cooperation in East Asia
4. International Production/Distribution Networks and FTAs
Fukunari Kimura and Mitsuyo Ando
5. Regional Trade Agreements and their Effect on Non Member Exports and Production
Ryuhei Wakasugi and Kazuhiko Itoh
6. Trade Integration in ASEAN: An Application of the Panel Gravity Model
Seyed Komail Tayyebi
7. Key Factors in Foreign Direct Investment Utilization in ASEAN+3
Yanyun Zhao and Zhao Lei
Part IV: Country Perspectives on Asian Regionalism
8. The ASEAN Perspective on East Asian-wide Regionalism
Suthiphand Chirathivat
9. Korea’s Perspectives on East Asian Regionalism
Chan-Hyun Sohn and Hyun-Hoon Lee
10. Some Perspectives on China’s Role in the East Asian Economies
Tang Zongming and Tran Van Hoa
11. ASEAN+3 and RTAs and their Impact on Asia–Australia Trade and Growth: Econometric Evidence from an Extended Gravity Theory
Tran Van Hoa
Part V: Monetary Cooperation in East Asia
12. Regional Economic and Monetary Integration – A Modelling and Policy Analysis
Charles Harvie
13. Creating a Common Currency Basket for East Asia: Prospects and Key Issues
Eiji Ogawa and Kentaru Kawasaki
Index