New Regionalism in the 21st Century Pacific-Asia : Synergy or Rivalry of Economic Power? Positioning Japan, ASEAN and the Greater Chinese Economies in their Global Context
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概要
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New regionalism is becoming a short-cut to economic liberalization in a globalizing world. In May 2004, the most dramatic phase of European integration, in terms of the enlargement of EU (15+10) capturing 25 member countries in Western, Central and Eastern European countries, has been mostly completed. On the other side of the Atlantic (or Pacific if we view from Asia perspective), it is the preparation of Free Trade Area of the Americas (FTAA) that was launched at the Miami Summit in 1994. The FTAA is undoubtedly the most ambitious collective initiative in the history of the Western Hemisphere and has already generated important positive externalities for the development of countries in NAFTA and MERCOSUR countries, and the strengthening of the multilateral system. All these regional initiatives are paralleling the efforts (or the partial success) of the WTO framework building. In short, it is the likely formation of a tripartite system of regional blocs in the global capitalism.
- 2005-05-20
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