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Strategic relevance of Asian economic integration

By: Cheow, Eric Teo Chu.
Material type: materialTypeLabelArticlePublisher: 2005Description: p.3960-967.Subject(s): Economic integration In: Economic and Political WeeklySummary: The de facto creation of an Asian economic community appears to be already in the works though what is critically needed is political will and a real sense of community and commonality in east Asia. Three strategic models for more intensified economic and monetary cooperation between ASEAN+3 and India are presented in this paper. Either an interwining web of free trade agreements consolidating an ASEAN+3 FTA, or a Japanese investment-led model, or a China/India inspired east Asian growth and consolidation model could be used to effectively integrate the region, though unlike Europe, the model would be more functional than institutional. - Reproduced.
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Articles Articles Indian Institute of Public Administration
Volume no: 40, Issue no: 36 Available AR67355

The de facto creation of an Asian economic community appears to be already in the works though what is critically needed is political will and a real sense of community and commonality in east Asia. Three strategic models for more intensified economic and monetary cooperation between ASEAN+3 and India are presented in this paper. Either an interwining web of free trade agreements consolidating an ASEAN+3 FTA, or a Japanese investment-led model, or a China/India inspired east Asian growth and consolidation model could be used to effectively integrate the region, though unlike Europe, the model would be more functional than institutional. - Reproduced.

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