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A interesting perception into how local firms in Europe and East Asia are at the moment grappling with a remarkable variety of primarily related demanding situations.
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This quantity analyzes the historic improvement, present country and potential destiny evolution of political integration within the areas. those major authors determine key variables that account for the contrasting political integration degrees, in actual fact demonstrating and explaining why the rhythm of integration in either areas varies. With contributions from either Asian and ecu students on every one subject, this publication delivers:
- comparative instead of a unmarried area focus
- breakdowns of local integration into key factor components
- analysis of financial cooperation and integration
- incisive tests of institutional reform
- key issues of expansion, together with: id, distributional fairness, the distribution of strength and effectiveness or decision-making efficiency
- discussion of local and foreign safety crises
- expert scholarship from either ecu and Asian perspectives
This quantity might be of serious curiosity to scholars and students of IPE, diplomacy, political technological know-how, modern background and eu reports and Asian studies.
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Additional info for Regional Integration in Europe and East Asia: Convergence and Divergence? (Routledge Warwick Studies in Globalisation)
Sample text
In sum, support for enhanced economic cooperation and integration at the regional level is a possible outcome of the trend towards bilateralism in East Asia, but it is not inevitable, and strong countervailing tendencies and outcomes are equally possible. We have little or nothing in the historical or scholarly armoury to make a strong prediction one way or the other at this stage. The risks may outweigh the opportunities. The degree to which the positive outcome might prevail will in part be determined by the success or failure of activities in other areas of the policy domain and of other putative economic initiatives, such as monetary cooperation, where the collective regional urge in East Asia is currently stronger.
But the dissolution of ‘integration theory’ was not just a consequence of the discrepancies between theoretical predictions and empirical ‘reality’. It was also marginalized by a growing distaste for grand predictive social theory and interest in ‘interdependence’, which became a rallying point for the young sub-discipline of international political economy (IPE) (Higgott 1993; Katzenstein et al. 1998). But the emergence of the single market programme in the mid-1980s produced a partial revival of neo-functionalist integration theorizing.
But something new is afoot. A ‘new regionalism’ may be emerging. There may, however, also be other trends – such as the growing interest in bilateral FTAs (free trade areas) – that may also seem inimical to regionalism. New regionalisms are invariably defined in rejection of the old – ‘old’ in terms of both theory and practice. At the level of practice, the key feature of the ‘new’ is the sheer number of formal regional arrangements. There are few countries that are not members of at least one regional organization and most are members of more than one.