The Trans-Pacific Partnership (TPP) agreement seems to have reached a crossroads : it could either be a building block toward achieving economic integration in Asia and the Pacific, or trigger the formation of two large trade blocs which will work independently of one another. When the...

This paper assesses the nexus between changes in governance structures—at national and cooperative international levels—and evolutionary processes of economic integration in light of regional policy targets in Asia. The analysis highlights the importance of improved governance as...

The Trans-Pacific Partnership (TPP) agreement seems to have reached a crossroads : it could either be a building block toward achieving economic integration in Asia and the Pacific, or trigger the formation of two large trade blocs which will work independently of one another. When the...

This paper assesses the nexus between changes in governance structures—at national and cooperative international levels—and evolutionary processes of economic integration in light of regional policy targets in Asia. The analysis highlights the importance of improved governance as...

The first decade of economic and monetary union in Europe (EMU) has been a huge success. EMU has significantly benefited its member countries and accelerated the European integration process. Imbalances within EMUdifferences in growth, inflation, competitiveness, current account and budget...

China has achieved great success in its economic development since it has conducted economy-wide reforms and opened itself to the outside world. Within less than three decades, China has now become a leading economy in the world, the second largest in FDI inflow, the third largest in foreign...

According to simulation results, the formation of an FTA would substantially improve Koreas and Japans trade balances, while China would experience a sizeable increase in its trade deficit. This indicates that simple barriers (NTBs) within a short period of time is not a feasible approach for...

The Asia Pacific region, and especially East Asia, has experienced rapid economic integration without the hard politics of legally binding economic and political treaties, unlike Europe where integration has been institutionled. The soft politics and marketled integration in East Asia set...