The book analyses modern tendencies in the development of regional economic cooperation in East Asia which is considered by regional countries as their response to growing challenges of globalization. Trying to protect their national interests by collective efforts they are promoting regional commercial, investment, and financial cooperation as measures aimed at improving the efficiency of their economies. These steps however are not regarded as a counterweight to globalization but merely directed against most negative manifestations of the latter and in fact are realized as one of the forms of globalization at the regional level.

With the rise of India and China, the rest of Asia is feeling the great impact of socio-economic changes and challenges created by these twin engines of progress and cooperation. The question on the minds of regional analysts is: Where is Russia in the midst of these vast changes? What is its role? How and why is a great power like Russia adopting such a low profile in the region? In what ways can ASEAN engage Russia? Currently, Russia's interaction with ASEAN is limited to dialogue between both parties; trade between both sides is categorized by Russian arms sales and ASEAN raw materials. This book sets out to help explain these anomalies and puzzles, by examining the state of relations between Russia and selected individual ASEAN countries. Several interesting ideas are offered, such as a proposal for a Russia-ASEAN FTA; building tourism/business bridges through budget airlines; and proposals to strengthen and energize the ASEAN-Russia dialogue.

In an era of great changes and much uncertainty, such as the revival of an active Russia, buoyed by increasing energy wealth, a U.S. mired in Iraq and Afghanistan, rising China and India, as well as Japan moving towards normalization, ASEAN needs to closely monitor great power trends and thinking. This timely and topical book provides insights into various issues high on the regional agenda. The rise of China is closely observed in three chapters in this book. On Russia-ASEAN relations, three authors offer their perspectives. Energy issues are scrutinized. The ongoing efforts to build an East Asian Community are analysed. At a time when Russia has an active profile in Southeast Asia with its arms sales to Indonesia and its nuclear technology assistance to Myanmar, this book offers useful and authoritative discourses on its relations with ASEAN, building on an earlier volume published by ISEAS.

Over the past decade the Caspian Sea region has risen from relative obscurity to considerable prominence in global affairs. Located at the crossroads of traditional trade routes between Europe and Asia and possessing vast natural resources, oil and natural gas among them, it attracts widespread international interest. The emergence of new sovereign states in the region has fundamentally transformed its political landscape. The future of the Caspian region is far from certain, however, as it is challenged by a wide variety of political, socio-economic and military threats which include the declining living standards of vast segments of local populations, inter-ethnic and inter-confessional tensions and conflicts, militant separatism, international terrorism, and illegal trade in arms and drugs. The security of the region is also affected by the intensifying strategic competition among major outside powers over establishing their political and economic influence in regional affairs. The book offers a competent analysis of the major political, economic and security developments in the region by a diverse group of highly qualified experts from the Caspian littoral states, the USA and the European Union.

This new book analyses Russia's security issues and the emerging geopolitical balance in Central Asia, South-West Asia, South Asia and Asia-Pacific. It examines the domestic political background to Russia's foreign and security policy and the importance of Asia in its domestic and foreign policy.