ASEM and the construction of the New Triad

Heiner Hänggi

Journal of the Asia Pacific Economy, 1999, vol. 4, issue 1, 56-80

Abstract: Since the mid‐1990s, the idea of a trilateral or tripolar world order based on the economically most advanced macro‐regions North America, Western Europe and East Asia ‐ the new Triad ‐ has gained much acceptance in Asian and European policy‐making circles. Though the triangle imagery is still quite far from what seems to be reality, it provided the major rationale for the creation of the Asia‐Europe Meeting (ASEM) process which was designed to strengthen the ‘weak leg’ in the triadic interregional relationship. The paper analyses the role of ASEM in the construction of the new Triad and identifies five functions of ASEM in this context. It concludes that the recent Asian economic crisis tends to undermine the rationale on which ASEM was built, at least temporarily, whereas ASEM itself may not lose its importance for the countries involved.

Date: 1999
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1080/13547869908724670 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:rjapxx:v:4:y:1999:i:1:p:56-80

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rjap20

DOI: 10.1080/13547869908724670

Access Statistics for this article

Journal of the Asia Pacific Economy is currently edited by Leong Liew

More articles in Journal of the Asia Pacific Economy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().