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New Regionalism in East Asia: How Does It Relate to the East Asian Economic Development Model?

Charles Harvie () and Hyun-Hoon Lee
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Charles Harvie: University of Wollongong, http://business.uow.edu.au/econ/who/index.html

Economics Working Papers from School of Economics, University of Wollongong, NSW, Australia

Abstract: In recent years a new regionalism has begun to emerge in East Asia that represents a clear break from the region's strong history of multilateralism. The countries of East Asia have been giving more attention to ways of expanding intra regional trade that include: the establishment of regional trade agreements (RTAs) such as ASEAN+3; plans to establish a free trade area involving the economies of ASEAN and China; as well as moves towards bilateral trade agreements (BTAs). This paper focuses upon the meaning and implications of this new regionalism for the "old" EADM, and explores the key ingredients of an emerging "new" EADM growth and development paradigm, incorporating the new regionalism, that appears to be emerging in the wake of the 1997-98 crisis.

Keywords: new regionalism; East Asia; East Asian economic development model (search for similar items in EconPapers)
Pages: 31 pages
Date: 2002
New Economics Papers: this item is included in nep-dev and nep-sea
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Citations: View citations in EconPapers (13)

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Chapter: New Regionalism in East Asia: How Does It Relate to the East Asian Economic Development Model? (2003)
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