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The Global Economic Crisis and East Asian Regionalism (Hardcover)
Loot Price: R4,342
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The Global Economic Crisis and East Asian Regionalism (Hardcover)
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Regional cooperation in East Asia on various issue areas, such as
emergency liquidity mechanisms in finance, the exponential growth
of free trade agreements and policy coordination on the environment
and public health, developed rapidly after the Asian Financial
Crisis. A decade later, the global financial crisis offered a new
opportunity for the nascent regional cooperation mechanisms to
acquire new depth and meaning - this time, however, in a very
different context due to the unfaltering rise of China. How have
inter-state cooperation mechanisms, which were devised originally
to deal with the problems of the past crisis, fared in the recent
global economic turbulence? Can regional integration effectively
insulate East Asia from the vagaries of the international market?
Should East Asian nations heed the call for regionalism or
globalism? This volume not only offers one of the first assessments
of how the global economic crisis has affected the prospects for
regional integration in East Asia, but it also addresses a number
of long-standing debates of interest to East Asian specialists,
economists and policymakers: Are crises catalysts for revamping
developmental models? Do they provide solid foundations for
regional solidarity and integration? Can they help catapult
countries into the global limelight? This book was originally
published as a special issue of The Pacific Review.
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