scholarly journals MANAGING THE NOODLE BOWL: THE FRAGILITY OF EAST ASIAN REGIONALISM

2008 ◽  
Vol 53 (03) ◽  
pp. 449-478 ◽  
Author(s):  
RICHARD E. BALDWIN
Keyword(s):  
East Asia ◽  
Bilateral Trade ◽  
East Asian ◽  
Window Of Opportunity ◽  
Regional Trade ◽  
Industrial Competitiveness ◽  
Regional Management ◽  
Is Management ◽  
Asian Regionalism ◽  
Management Effort

The paper argues that East Asian regionalism is fragile, since (i) each nation's industrial competitiveness depends on the smooth functioning of "Factory Asia" — in particular, on intra-regional trade; (ii) the unilateral tariff-cutting that created "Factory Asia" is not subject to WTO discipline (bindings); (iii) there is no "top-level management" to substitute for WTO discipline, i.e., to ensure that bilateral trade tensions — tensions that are inevitable in East Asia — do not spillover into region-wide problems due to lack of cooperation and communication. This paper argues that the window of opportunity for East Asian "vision" was missed; what East Asia needs now is "management", not vision. East Asia should launch a "New East Asian Regional Management Effort", with a reinforced ASEAN + 3 being the most likely candidate for the job. The first priority should be to bind the region's unilateral tariff cuts in the WTO.

Bilateral Trade and Intra-Regional Business Cycles: Is East Asia Feasible for a Currency Area?

2007 ◽  
Vol 7 (3) ◽  
pp. 1850113 ◽  
Author(s):  
Yu-Feng L. Lee
Keyword(s):  
Business Cycles ◽  
Bilateral Trade ◽  
East Asian ◽  
Currency Union ◽  
Optimum Currency Area ◽  
Regional Trade ◽  
Currency Area ◽  
Real Gdp ◽  
Optimum Currency ◽  
International Openness

This paper investigates the synchronization of the intra-East Asian business cycles based on regional bilateral trade statistics. By evaluating three macroeconomic fundamentals: real GDP, industrial production, and unemployment, it is found that tighter intra-East Asian trade may most likely lead to more idiosyncratic business cycles and hence lower correlations of economic activity. When using regional trade as an international openness criterion in the theory of Optimum Currency Area, the finding suggests that for the immediate future, the creation of an East Asian monetary/currency union may not be feasible.

Rising Regionalism: 1998–2007

2019 ◽  
pp. 83-116
Author(s):  
Andrew Yeo
Keyword(s):  
Financial Crisis ◽  
South Korea ◽  
East Asia ◽  
East Asian ◽  
Asian Financial Crisis ◽  
Institution Building ◽  
Us South ◽  
East Asia Summit ◽  
The Us ◽  
Asian Regionalism

Chapter 4 describes the rising phenomena of East Asian regionalism in the wake of the Asian financial crisis and demonstrates how debates between inclusive and exclusive variations of Asian regionalism played out in the development of the regional architecture. The chapter traces the establishment of the ASEAN Plus Three, the East Asia Summit, and the Six-Party Talks. Taken together, these three institutions signified greater political will behind regional multilateralism but also revealed the contentious nature of institution building. The discussion of multilateral developments is juxtaposed to an analysis of the US–South Korea and US-Thailand alliances, and their resilience in an era of greater multilateralism and expanding regionalism.

scholarly journals Power, leadership, and hegemony in international politics: the case of East Asia

2010 ◽  
Vol 36 (04) ◽  
pp. 931-949 ◽  
Author(s):  
DIRK NABERS
Keyword(s):  
East Asia ◽  
Effective Leadership ◽  
International Politics ◽  
East Asian ◽  
Institution Building ◽  
International Affairs ◽  
Regional Powers ◽  
Asian Regionalism ◽  
Regional Institution ◽  
The Relationship

AbstractThe article inquires into the conditions of effective leadership of states in international politics, and develops a framework for the study of so-called (new) regional powers such as Brazil, China, India, and South Africa in processes of regional institution-building. Various theoretical strands will be discussed as to the requirements of effective leadership in international affairs. Most importantly, the relationship between power, leadership and hegemony will be outlined. It is argued that the connection between leadership and hegemony is one of co-constitution. Leadership is necessarily based on hegemony, while hegemony can only be sustained through leadership. Furthermore, it will be shown that both leadership and hegemony are essentially political in character, whereas power has no such insinuation but has to be translated into leadership and hegemony through discursive means. Finally, the analysis asks for the preconditions of leadership in East Asia, using China's and Japan's roles in East Asian regionalism as an illustration.

scholarly journals Poland’s Trade with East Asia: An Outlier Approach

2015 ◽  
Vol 15 (2) ◽  
pp. 81-100
Author(s):  
Shoiw-Mei Tseng
Keyword(s):  
East Asia ◽  
Bilateral Trade ◽  
Time Series Data ◽  
Global Financial Crisis ◽  
Debt Crisis ◽  
East Asian ◽  
Economic Transformation ◽  
Series Data ◽  
East Asian Country ◽  
European Debt Crisis

Abstract Poland achieved an excellent reputation for economic transformation during the recent global recession. The European debt crisis, however, quickly forced the reorientation of Poland’s trade outside of the European Union (EU), especially toward the dynamic region of East Asia. This study analyzes time series data from 1999 to 2013 to detect outliers in order to determine the bilateral trade paths between Poland and each East Asian country during the events of Poland’s accession to the EU in 2004, the global financial crisis from 2008 to 2009, and the European debt crisis from 2010 to 2013. From the Polish standpoint, the results showed significantly clustering outliers in the above periods and in the general trade paths from dependence through distancing and improvement to the chance of approaching East Asian partners. This study also shows that not only China but also several other countries present an excellent opportunity for boosting bilateral trade, especially with regard to Poland’s exports.

Beyond Japan: The Dynamics of East Asian Regionalism

2007 ◽  
Vol 40 (1) ◽  
pp. 276-277
Author(s):  
Kevin G. Cai
Keyword(s):  
East Asia ◽  
East Asian ◽  
Central Theme ◽  
Cornell University ◽  
East Asian Region ◽  
Asian Region ◽  
Asian Regionalism ◽  
Comprehensive Discussion

Beyond Japan: The Dynamics of East Asian Regionalism, Peter J. Katzenstein and Takashi Shiraishi, eds., Ithaca and London: Cornell University Press, 2006, 325 pp., viii pp.This edited volume presents an interesting and comprehensive discussion of Japan's evolving relationship with the East Asian region. A central theme that runs throughout the book is that East Asia has moved beyond the influence of the single Japanese model toward a region that is being jointly driven by American, Japanese, Chinese and other national influences.

Soft Balancing, Hedging, and Institutional Darwinism: The Economic-Security Nexus and East Asian Regionalism

2010 ◽  
Vol 10 (2) ◽  
pp. 209-238 ◽  
Author(s):  
T. J. Pempel
Keyword(s):  
East Asia ◽  
East Asian ◽  
Economic Security ◽  
Individual State ◽  
Regional Institutions ◽  
Soft Balancing ◽  
Asian Regionalism ◽  
Complex Ecosystem ◽  
Per Se ◽  
Institutional Linkages

East Asia has increased its formal institutional linkages in both the economic and security arenas. This article addresses three questions concerning this expansion. First, why has the number of institutions increased? Second, why is there so little overlap in the purposes and memberships of these many new bodies? Third, why have most regional institutions achieved such limited policy successes? The article demonstrates that the bulk of the neweconomicinstitutions represent collective responses to generalized pressures from globalized finance, whereas the newsecuritybodies deal with regionally endogenous problems of a highly particularistic character. Furthermore, most regional bodies in East Asia still reflect the preeminence of individual state strategies rather than any collective predisposition toward multilateralism per se. East Asian regionalism thus represents a complex “ecosystem” of institutions whose future is likely to see the enhancement of some and the diminution of others through a process referred to here as “institutional Darwinism.”

Chinese Charting of Maritime Asia

2017 ◽  
Author(s):  
Timothy Brook
Keyword(s):  
East Asia ◽  
Large Scale ◽  
East Asian ◽  
Bodleian Library ◽  
Poor Survival ◽  
Regional Trade ◽  
The Past ◽  
The Poor ◽  
History Of ◽  
Mapping Techniques

Navigation played a major role in the integration of East Asian polities and economies prior to and during the arrival of European traders in the 16th and 17th centuries. That arrival stimulated an increase in the volume of intra-regional trade in East Asia as Chinese merchants organized exports on a large scale to meet European demand, yet the history of the production of nautical charts in China has been little studied, due in no small part to the poor survival of sea charts and other documentation. The most important new addition to maritime charting in the past decade is the rediscovery of the Selden Map in the Bodleian Library, Oxford. This map of navigation routes throughout East Asia is unprecedented, and may be seen as marking the beginning of the transformation of Chinese cartography under the influence of European mapping techniques.

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