The current economic crisis has called into question the long term
viability of the decoupling between multinational firms and the
banking system. It has also cast serious doubts on the US
dollar-centred monetary system, and invited reassessment of the
long term viability of US-China economic relations based on a US
current account deficit absorbed by Chinese financial institutions.
It is also an opportunity to analyse the rise in property prices,
particularly in fast-growing economies. Long term food security is
also an issue, bringing to the fore the multinational firms from
emerging economies (such as China and India) and calling into
question the response strategies of multinational firms from the
West and Japan. This book engages these key issues within the broad
theme of integration, to give an up-to-date consideration of the
subject, opening debate on the future stimulating role that Asia
could play vis-A -vis the West, particularly the European Union.
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