Integration in Asia and Europe: Historical Dynamics, Political Issues, and Economic PerspectivesPaul J.J. Welfens Broadening and deepening of economic and political integration are hallmarks of the EU and ASEAN. This book critically analyses the economic and institutional changes in both Europe and Asia. There is considerable potential for instability, but one also finds regional growth opportunities. Comparative policy analysis and evaluation of various cooperation strategies are presented. Emphasis is on banking, financial market dynamics, ICT, and macroeconomic policies as well as trade, energy, and environmental issues. Legal aspects are combined with historical and economic perspectives. Due emphasis also is on the impact of China and the role of international organisations. The comparative analysis of EU and ASEAN integration suggests important policy choices, including those at the multilateral level. |
Contents
Introduction | 1 |
ASEAN Perspective on Joint Research | 7 |
A European Perspective | 11 |
An Introductory Sketch of the History of ASEAN | 13 |
31 | |
67 | |
79 | |
105 | |
187 | |
Cooperation of Different Political Cultures | 197 |
201 | |
217 | |
235 | |
241 | |
255 | |
267 | |
A European Perspective on Asia | 277 |
ASEAN Exchange Rate Policies | 281 |
List of Contributors | 283 |
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Integration in Asia and Europe: Historical Dynamics, Political Issues, and ... Paul J.J. Welfens No preview available - 2006 |
Common terms and phrases
AFTA analysis ASEAN countries ASEAN+3 Asian financial crisis Basel Basel II bilateral Bundesbank capital China Community competence competition law competition policy cooperation costs crises Deutsche Bundesbank developing countries domestic dynamics East Asia Summit East Asian regionalism economic integration emerging environmental estimates Europe European Union exchange rate exports firms forecasting error foreign direct investment framework free trade GATS Germany global growth rate Hardcover impact important increase Indonesia inflation initiatives institutions interest international banks issues Japan Korea liberalisation Malaysia Member mixed agreements monetary policy money growth multilateral network effects nomic oil prices output gap P.J.J. Welfens partners Philippines political potential output problems production real-time data regulation relations relatively restrictions result risk role rules sector shock Singapore Southeast Asia stock markets structure target tariff telecommunications Thailand tion tional variables Welfens
Popular passages
Page 255 - By creating a Community of unlimited duration, having its own Institutions, its own personality, its own legal capacity and capacity of representation on the international plane and, more particularly, real powers stemming from a limitation of sovereignty or a transfer of powers from the States to the Community, the Member States have limited their sovereign rights, albeit within limited fields, and have thus created a body of law which binds both their nationals and themselves.
Page 187 - Environmental protection requirements must be integrated into the definition and implementation of other Community policies.
Page 255 - By creating a community of unlimited duration, having its own institutions, its own personality, its own legal capacity and capacity of representation on the international plane and, more particularly, real powers stemming from a limitation of sovereignty or a transfer of powers from the states to the community, the member states have limited their sovereign rights...