Open Regionalism is regional economic co-operation without discrimination against countries outside the region. The concept grew from the experience of rapid growth, and expanding trade and investment across national borders, in East Asia and the Pacific. It became the guiding idea of...

Asia-Pacific economic development is at a decisive point. The particular system of open trading is breaking down, and no longer has clearcut American support. East Asia can now provide a majority of the market's growth required for its own export expansion, but cannot carry the whole load alone....