Emerging Asian Regionalism

As Asia grows and prospers, its economies are increasingly vital to each other -and to the world. Led by a team of ADB staff, scholars, and advisers to regional policy makers, this study highlights what is at stake the emerging Asian regionalism and lays out the ground for further discussion on how to move forward.

Provides the first systematic analysis of new Asian regionalism as a paradigm shift in international economic law.

The structure and policy architecture of the world economy, as it emerges from the historic challenges now underway, will be affected by the dramatic rise of Asian economies and deepening connections among them. This important book examines the dramatic transformation of the Asian economy, the challenges it faces, emerging regional solutions, and how Asia can play a more constructive role in the global economy. Asia is becoming not just the world's factory, but also its leading creditor, and one of its key sources of dynamism and stability. Key questions are identified and addressed in three areas: Asia's growth and productivity, financial stability, and regional economic integration. In each of these areas, the contributing authors evaluate current trends and the forces shaping the future. They consider whether the regions progress is sustainable and what it will take to make it so. How is Asia reshaping its economy in response to the changing global landscape? More urgently, how can Asia weather the severe, global financial and economic stormoriginating from the global credit crisis? How will it extend its gains to people left behind? And how can it contribute to better governance and greater prosperity in the world economy? This book covers new ground by connecting theory, assembling detailed evidence on trends and challenges, and offering forwardlooking policy prescriptions. This timely book will appeal to Asian economic policymakers as well as postgraduate students interested in Asian economics, international economics and regional integration. Staff of international and regional organizations interested in Asian economics will also find this book invaluable.

This collection of selected studies by well-known experts in major Asian countries surveys, discusses and analyzes emerging problems and challenges facing them. It proposes prescriptions for better regional economic integration and more effective economic management in the future. The book's area of study includes economics and business development, development economics, trade and investment, global competitiveness economics policy in Asia, globalisation, the WTO, and regional and international economic integration.

With the disappearance of the imperial structures that had dominated Southeast Asia, newly independent states had to develop foreign policies of their own. But so far few if any of these states have been willing to allow the public to explore any documentation of their activities. Building on his earlier work that drew on U.K. records, the author incorporates material from New Zealand archives -- which also contain reports from Australian and Canadian diplomats -- to provide a historical analysis of the foreign policies of Southeast Asian nations from a New Zealand perspective.

Regionalism in the Asia-Pacific is a complex and rapidly evolving phenomenon. This volume explores the relationship between globalization and regionalization, between states, markets and civil society, and between US hegemony and Asian aspirations.