This book analyses recent developments and likely future paths for trade and financial integration in East Asia. It suggests a more coherent, balanced way forward for regional economic integration and analyses implications for institution building in East Asia.

Over the past few decades, Regional Trade Agreements (RTAs) have proliferated globally. Such proliferation of RTAs created a renewed sense of urgency for the WTO to take action in order to avoid the fate of being eclipsed into irrelevance. There are several options for coping with the challenge....

As China enters its tenth year of WTO Membership, has the dragon brought a ‘reign of fire' to the multilateral trading system and rocked its institutional foundations? This paper will answer this question by reviewing China's participation in two key activities of the WTO, i.e., trade...