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Business Involvement in Regional Cooperation in Northeast Asia

Hidetaka Yoshimatsu
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Hidetaka Yoshimatsu: Ritsumeikan Asia Pacific University

Chapter 5 in The Political Economy of Regionalism in East Asia, 2008, pp 82-104 from Palgrave Macmillan

Abstract: Abstract In the globalisation era, politics and economics are increasingly interdependent and interlinked. On the one hand, economic interdependence through trade, investment and financial transactions tends to expand among states with stable political relations. On the other hand, close trade and investment linkages often become a catalyst in producing intimate political relations among states. Northeast Asia is an exception to this general trend. The major three Northeast Asian countries — China, Japan and South Korea — still confront difficult political issues, such as historically seeded distrust and competing territorial claims. However, their economic relations have gradually deepened through expanded trade and investment and enhanced financial transactions.

Keywords: Business Group; Free Trade Agreement; Regional Cooperation; Steel Sector; Business Actor (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-58419-8_6

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DOI: 10.1057/9780230584198_6

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