Arbeitspapier

Managing the Noodle Bowl: The Fragility of East Asian Regionalism

The paper argues that East Asian regionalism is fragile because (i) each nation's industrial competitiveness depends on the smooth functioning of "Factory Asia" - in particular for intraregional trade; (ii) the unilateral tariff-cutting that created Factory Asia is not subject to WTO discipline (bindings); (iii) there is no "top-level management"; to substitute for WTO discipline, to ensure that bilateral trade tensions - tensions that are inevitable in East Asia - do not spill over into region-wide problems due to lack of cooperation and communication. This paper argues that the window of opportunity for East Asian vision was missed; what East Asia needs now is management, not vision. East Asia should launch a "New East Asian Regional Management Effort" with a reinforced ASEAN+3 leading the way. The first priority should be to bind the region's unilateral tariff cuts into the WTO.

Sprache
Englisch

Erschienen in
Series: ADB Working Paper Series on Regional Economic Integration ; No. 7

Klassifikation
Wirtschaft
Economic Integration
Thema
Asian integration
free trade agreement
best practices
Asian development

Ereignis
Geistige Schöpfung
(wer)
Baldwin, Richard E.
Ereignis
Veröffentlichung
(wer)
Asian Development Bank (ADB)
(wo)
Manila
(wann)
2007

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Baldwin, Richard E.
  • Asian Development Bank (ADB)

Entstanden

  • 2007

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