Strategic approach to the embodiment of regional cooperation in Northeast Asia

Yong-Suk Oh

Global Economic Review, 1998, vol. 27, issue 1, 27-47

Abstract: The traditional way of establishing an economic community is hard to apply to the Northeast Asian region. It is why a model peculiar to Northeast Asia is called for to build up an economic cooperation body. In this context I have presented a model as a device for approaching the establishment of the Northeast Asian economic cooperation system, which is called the “Wave-type Model”. The object of this paper is to deal with a strategic approach to the realization of the regional cooperation body in Northeast Asia by applying the Wave-type Model and by suggesting the inter-megalopolitan business belt in a hang glider shape on the prolongation of the Wave-type Model. The megalopolitan business belt is a regional cooperative system with economically important cities in Northeast Asia as the pivots. This is the way-out of breaking down the barriers hindering central governments in making a multilateral cooperation system. The inter-megalopolitan business belt is expected to play the role of a blast of wind to raise a “wave” for the Northeast Asian economic cooperation system.

Date: 1998
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DOI: 10.1080/12265089808449724

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