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This book analyzes recent developments and likely future paths for trade and financial integration in East Asia. It suggests a more coherent, balanced way forward for regional economic integration and analyses implications for institution building in East Asia. East Asia has achieved a high degree of intra-regional trade, investment and GDP correlation, through an expanding web of free trade agreements and production networks. However, financially, most regional economies are linked more closely to North America and Europe than to each other. As trade integration has accelerated, financial and monetary integration has not kept pace. East Asian Economic Integration analyzes potential reasons and remedies for this phenomenon through a multidisciplinary framework of law, politics and economics. This comprehensive book will appeal to researchers and students in political science, international relations, trade law, international finance law, and regional studies generally. It will also be of great interest to regional policy makers. Contributors include: H. Gao, P. Lejot, C.L. Lim, B. Mercurio, M. Mushkat, R. Mushkat, J. Nakagawa, C.-Y. Park, I. Sohn, L. Toohey, N. Vu, T.H. Yen
Building a Neighborly Community, available for the first time in paperback, explores the political economy of post-cold war East Asian co-operation by examining the history of intra-regional co-operation, against the background of China's rise and Japan's relative decline, both real and perceived. The book in particular examines how East Asian states have dealt with the South China Sea as a region-wide security challenge and the imperative for self-help after the 1997 economic crisis. The book builds on the explanatory strength of analytical eclecticism, and ultimately concludes that China, South Korea, Japan, and ASEAN states have aimed for constructing a neighborly community. The fundamental differences between a neighborly community and the kind of community that has emerged in Europe and North America are that qualification for membership is not conditional, the process of routine interactions is itself one of reassurance, the aim of inter-state interactions is to foster acceptance of each other, and changes in a member's foreign policy behaviour are accepted.
Relations between mainland China and Taiwan have improved markedly in recent years, giving rise to the key question, How far can the current rapprochement go? This book focuses on how mainland China-Taiwan relations are likely to develop in future. It considers economic relations, including the many recent trade agreements, the political sphere, where there has been little progress, the impact of increasing personal, social contacts, and the role of international actors, especially the United States. The book concludes by arguing that the present "circulatory dialogue" is likely to continue, without a transformative breakthrough.
Relations between mainland China and Taiwan have improved markedly in recent years, giving rise to the key question, How far can the current rapprochement go? This book focuses on how mainland China-Taiwan relations are likely to develop in future. It considers economic relations, including the many recent trade agreements, the political sphere, where there has been little progress, the impact of increasing personal, social contacts, and the role of international actors, especially the United States. The book concludes by arguing that the present "circulatory dialogue" is likely to continue, without a transformative breakthrough.
How can we know a country, such as the United States or China, is revisionist, that is, whether it intends to upset the international order? What motivates states to act the way they do? Contesting Revisionism focuses on a particular kind of motivation inclining a state to challenge the existing norms, rules, and institutions of international order: revisionism. The authors offer a critique of the existing discourse on revisionism and investigate the origin and evolution of the foreign policy orientations of revisionist states in the past. Furthermore, they introduce an ensemble of indicators to discern and compare the extent of revisionist tendencies on the part of contemporary China and the United States. Questioning the facile assumption that past episodes will repeat in the future, they argue that "hard" revisionism relying on war and conquest is less viable and likely in today's world. Instead, "soft" revisionism seeking to promote institutional change is more relevant and likely. Focusing on contemporary Sino-American relations, they conclude that much of the current discourse based on power transition theory is problematic. A dominant power is not inevitably committed to the defense of international order, nor does a rising power always have a revisionist agenda to challenge this order. The transformation of international order does not necessarily require a power transition between China and the US., nor does a possible power transition necessarily augur war. After developing the concept of revisionism both theoretically and empirically, they conclude with a series of policy recommendations for enhancing international stability and diminishing tension in Sino-American relations.
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