Relationships and alignments among the nations of the world’s most populous and productive region, the Asia Pacific, are in flux. Current global political, economic and security uncertainty, heightened by 9/11 and the subsequent War on Terror, has fuelled a reassessment by many Asia Pacific nations about the structure and form of future economic and political cooperation and development.
Featuring contributions from some of the most eminent and influential economists and political scientists in the Asia Pacific region, this book explores the forces reshaping the Asia Pacific economic order, and where these changes may lead. Focusing on the origins of the shift towards policy driven integration, the book examines what new structures may eventually emerge on both sides of the Pacific, the ways in which this shift will affect the progress of economic integration and how cross-Pacific relations will therefore be affected.
'This volume offers a solid overview of many topics that are of interest to regional policymakers and academics. The chapters are well written and of uniform quality, making the volume an easy read.' - Asian Pacific Economic Literature, Volume 20, Issue 2
'The book as a whole does a fine job of bridging research and policy, making results of techinal research, and their implications, comprehensible to non-specialists such as policy makers.' - Richard N. Cooper,Harvard University, Cambridge MA, USA
'This book manages a broad coverage of the issue areas potentially involved: trade in goods, of course, but also investment, development of capital markets, financial co-operation, trade in services, migration and a host of other issues.'
- Bulletin of Indonesian Economic Studies, Vol.42, No. 3, 2006
1. Peter Drysdale and PAFTAD2. Overview3. The International Trade Order: Cooperation for Economic Development4. Truncated Globalisation: The Fate of the Asia Pacific Economies?5. Asia Pacific Economies and the Doha Development Agenda6. APEC in the Emerging International Economic Order: Lame Duck or Catalyst? 7. Rise of East Asian Regionalism8. The Free Trade Area of the Americas: How Deep an Integration in the Western Hemisphere?9. East Asian Regionalism – Undermining or Underpinning Asia Pacific Integration? 10. The Rise of Services Trade: Regional Initiatives and Challenges for the WTO 11. The Movement of People in the Asia Pacific Region12. Asia Pacific Regional Architecture and Financial Market Integration 13. Politico-Strategic Dimensions of Economic Cooperation in the Asia Pacific