U.S. PERSPECTIVES ON EAST ASIAN ECONOMIC INTEGRATION

Bernard K. Gordon ()
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Bernard K. Gordon: University of New Hampshire

Journal of Economic Development, 2006, vol. 31, issue 2, 149-168

Abstract: USA only major trade power with equal economic stakes in all regions, and will oppose Asian economic integration if it excludes USA. Charts show relatively declining US role, rising China role as key trade partner for Japan, Korea, ASEAN. Responding to China¡¯s lead, as in its ASEAN trade deals, and shaped by former USTR Zoellick, there is growing US support for bilateral trade agreements, including Korea-US FTA, though most economists oppose bilateral/regional approach as inconsistent with the WTO-multilateral trade format. From US perspective, prognosis for East Asian economic integration not good.

Keywords: Economic Integration; APEC; FTA; ASEAN; Asian Economy; CAFTA; WTO (search for similar items in EconPapers)
JEL-codes: F15 F42 (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (1)

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