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Integrating Regions - Asia in Comparative Context (Hardcover, New)
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Integrating Regions - Asia in Comparative Context (Hardcover, New)
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The proliferation of regional institutions and initiatives in Asia
over the past decade is unmatched in any other region of the world.
The authors in this collection explore the distinctive features of
these institutions by comparing them for the first time to the
experience of other regions; from the elaborate
institution-building of Europe to the more modest regional projects
of the Americas. It is an opportune moment for this reassessment,
as the European regional model faces a sovereign debt crisis while
Asian economies see more secure sources of growth from their
immediate neighbors. Asia's regional institutions display a
distinctive combination of decision rules, commitment devices, and
membership practices, shaped by underlying features of the region,
the dynamics of regional integration, and the availability of
institutional substitutes. Within this context, the authors propose
changes that will better sustain the prosperity and peace that have
marked Asia in recent decades.
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