This paper assesses the economic conditions for Asian countries to cope with the formation of EU and NAFTA. Is it desirable for them to form their own trading area? And, if desirable, is it better to have a closed one like the EAEC or a more open one like the APEC? Relying on public economics...

This paper assesses the economic conditions for Asian countries to cope with the formation of EU and NAFTA. Is it desirable for them to form their own trading area? And, if desirable, is it better to have a closed one like the EAEC or a more open one like the APEC? Relying on public economics...

This paper studies the economic impact of regionalism under the realistic assumptions of constant tariffs and asymmetric bloc formation. Extending the Krugman framework, we decompose the impact into several components, each of which has a clear economic implication. Economic integration...

I. Introduction and overview. 1. Drysdale, Peter ; Ishigaki, Kenichi: New issues in East Asian economic integration. II. Regionalism and regional integration. 2. Findlay, Christopher: Old issues in new regionalism. 3. Hosono, Akio ; Nishijima, Shoji: Regional integration in Asia and Latin...