This paper presents some thoughts on what we can learn from investigating European and East Asian monetary policies and monetary cooperation in historical comparative perspective. This fresh approach to the ongoing global and regional crises highlights the necessity to view problems of national...

East Asian liberal intergovernmental integration is unlikely to occur without formal engagement by the United States. An Asian Union is therefore improbable. The European Union model is not transferrable to East Asia in that the former is a multilateral organization that has emerged that can...

The debt crisis in several member states of the euro area has raised doubts on the viability of European Economic and Monetary Union (EMU) and the future of the euro. While the launch of the euro in 1999 stirred a lot of interest in regional monetary integration and even monetary unification in...

This paper examines development of inter/intra-industry trade in Europe and East Asia. In order to quantify the level of intra-industry trade (IIT), a bias-corrected Grubel and Lloyd index is used. The finding is that IIT is more evident in intra-European trade than in intra-East Asian trade,...

This paper compares the economic integration processes of the European Union and the East Asian nations and comments on the possible reciprocal lessons, if any, that can be drawn to smooth the future paths of the two groups. The most relevant lessons on the EU side rely on strong...

American primacy and Europeanist responses / Peter Gowan -- European integration and the future of nation state / Jaime Pastor -- Globalization, transnational corporations and human rights / Chinsung Chung -- The European experience : the millionfold trauma of the 20th century is still virulent...