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Engaging East Asian Integration

States, Markets and the Movement of People

edited by Takashi Shiraishi and Jiro Okamoto

Publication Year: 2012

Both international trade and investment by East Asian countries have become significantly regionalized. To support this development further, efforts for regional integration have flourished in the forms of bilateral and regional free trade agreements and the ASEAN+3 and East Asia Summit processes, among many others. This book is a compilation of papers and discussions originally presented at the international symposium held during the recent global financial crisis. The symposium aimed to shed light not only on the usual economic aspect but also on other aspects of the multidimensional phenomenon called "regional integration". Thus, in this volume the authors explore the relationship between the U.S. influence and East Asian regionalism, the characteristics of East Asian integration, and the politics of inclusion/exclusion in the integration process. In addition, they point out some "missing links" in integration efforts such as cooperation in the areas of logistics, finance, trade in services, infrastructure and human resource movement. Since the global financial crisis did not deter integration efforts (rather, it has encouraged them), this book serves as a guide for future East Asian integration in terms of what to expect and what is to be done.

Published by: Institute of Southeast Asian Studies

Cover Page

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p. 1-1

Title Page

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pp. 2-5

Table of Contents

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pp. v-vi

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Foreword

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pp. vii-x

The symposium on which this book is based was held in the darkest days of the U.S.-originated global financial crisis. In the wake of the collapse of Lehman Brothers, demands were frozen and economies with high export dependency experienced radical contraction. No one knew how long this would last and what the consequences would be. ...

List of Figures and Tables

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pp. xi-xiv

Contributors

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pp. xv-xvi

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1. Introduction

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pp. 1-10

The Institute of Developing Economies-Japan External Trade Organization (IDE-JETRO) organized a symposium in December 2008 on the theme, “Engaging East Asian Integration: States, Markets and the Movement of People”. It was held in the wake of the Lehman Brothers collapse and in the midst of the deepening global financial crisis that originated in the United States. ...

Part I: Evolution of East Asian Integration

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2. Japan and East Asia in the American Imperium

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pp. 13-45

The United States plays the central role in a world of regions. Gone are the clearly demarcated, rival blocs of East and West. Since the end of the Cold War, the collapse of socialism has made anachronistic the distinction between a First and a Second World. ...

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3. Building a Neighbourhood — One Policy at a Time: The Case for Deeper Economic Integration in East Asia

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pp. 46-94

The benefits of regional integration are greater than previously realized. This section summarizes the main benefits of regional integration as documented in the literature on this, and discusses recent work that suggests that regional integration can be even more beneficial than previously realized, ...

Part II: States, Markest and the Movement of People

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4. Economic Integration in East Asia and Japan's Strategy

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pp. 97-126

Triggered by the bankruptcy of the investment banking giant Lehman Brothers, the financial crisis that originated in the United States instantly spreaded across the global economy. There was a string of bailouts of troubled financial institutions not only in the United States, but also in Europe, and the global recession deepened ...

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5. The Nature of East Asian Integration and Australia's Engagement

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pp. 127-159

This chapter focuses on states’ involvement in the institutional integration processes in East Asia. “Institutional integration” here means formal agreements between states, such as free trade agreements (FTAs), as well as their participation in regional cooperation frameworks, such as ASEAN and ASEAN 3 ...

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6. The Migration of Professionals in an Integrating East Asia

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pp. 160-192

Asian professionals have been going to the United States, Canada, Australia, the United Kingdom, and other western European countries over much of the contemporary history of migration.1 This is partly a legacy of a long history of colonial relationship, especially in the case of the Philippines and the United States, ...

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7. Panel Discussion

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pp. 193-214

Shiraishi: I am supposed to wrap up the speeches and presentations made so far, but I am not going to do this because so many points were raised that I simply cannot summarize or wrap up all these. Instead, I would rather go directly into the discussion given the fact that time is quite limited. ...

Index

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pp. 215-223


E-ISBN-13: 9789814380294
Print-ISBN-13: 9789814380287

Page Count: 223
Publication Year: 2012

Edition: 1

Research Areas

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Subject Headings

  • Human capital -- East Asia -- Congresses.
  • East Asia -- Economic integration -- Congresses.
  • East Asia -- Foreign economic relations -- Japan -- Congresses.
  • Japan -- Foreign economic relations -- East Asia -- Congresses.
  • East Asia -- Foreign economic relations -- Australia -- Congresses.
  • Australia -- Foreign economic relations -- East Asia -- Congresses.
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