Arbeitspapier

Economic Integration in East Asia and Europe: A Comparison

Different starting conditions and decision-making mechanisms of European and East Asian economic integration are identified. They have led to different paths of integration. The EU process had a major impact on political stability in Europe; it has increased economic stability, at the expense of dynamism and possible over-extension, though. East Asia still has rather liquid mechanisms. This allowed it to exploit its economic potentials flexibly, relying on open world markets. With new problems on the multilateral level, East Asia reacts with various moves, increasing intransparency. Both regions have in the past played out their respective advantages well. Both face limits now. The former paths cannot simply be extended, and doubts remain whether convincing regional strategies have already been found.

Language
Englisch

Bibliographic citation
Series: Duisburger Arbeitspapiere zur Ostasienwirtschaft ; No. 68

Classification
Wirtschaft
Subject
Regional economic integration
regional monitoring
East Asia
Europe
Handelsregionalisierung
Wirtschaftsintegration
Vergleich
Ostasien
EU-Staaten

Event
Geistige Schöpfung
(who)
Pascha, Werner
Event
Veröffentlichung
(who)
Universität Duisburg-Essen, Forschungsinstitut für Wirtschaftliche Entwicklungen im Pazifikraum (FIP)
(where)
Duisburg
(when)
2004

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Pascha, Werner
  • Universität Duisburg-Essen, Forschungsinstitut für Wirtschaftliche Entwicklungen im Pazifikraum (FIP)

Time of origin

  • 2004

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