LEADER 04393nam 2200685Ia 450 001 9910810365803321 005 20240410154004.0 010 $a0-8157-5216-4 010 $a0-8157-9637-4 035 $a(CKB)2550000000103750 035 $a(OCoLC)614577992 035 $a(CaPaEBR)ebrary10063914 035 $a(SSID)ssj0000737139 035 $a(PQKBManifestationID)12330518 035 $a(PQKBTitleCode)TC0000737139 035 $a(PQKBWorkID)10782572 035 $a(PQKB)11170008 035 $a(SSID)ssj0000142574 035 $a(PQKBManifestationID)11911864 035 $a(PQKBTitleCode)TC0000142574 035 $a(PQKBWorkID)10096899 035 $a(PQKB)11329289 035 $a(MiAaPQ)EBC3004432 035 $a(OCoLC)1017610982 035 $a(MdBmJHUP)muse61401 035 $a(Au-PeEL)EBL3004432 035 $a(CaPaEBR)ebr10063914 035 $a(OCoLC)55942256 035 $a(EXLCZ)992550000000103750 100 $a20041018d2004 my 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aEast Asian economic regionalism /$fEdward J. Lincoln 205 $a1st ed. 210 $aNew York $cCouncil on Foreign Relations ;$aWashington, D.C. $cBrookings Institution Press$dc2004 215 $a1 online resource (301 p.) 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a9780815752164 311 $a0-8157-5217-2 320 $aIncludes bibliographical references and index. 327 $aIntroduction -- Characteristics of the East Asian region -- Trade links -- Investment links -- Broad regional institutions -- The East Asian alternatives -- More exclusive trade alternatives -- East Asian monetary cooperation -- Regional leadership -- Conclusion and U.S. policy recommendations. 330 $aA Brookings Institution Press and the Council on Foreign Relations publication Something new is happening across East Asia. A region notable for its lack of internal economic links is discussing regional cooperation on trade, investment, and exchange rates. Because of negotiations elsewhere around the globe on regional trade--such as those that led to the consolidation of the European Union, the formation of the North American Free Trade Area, and the rapid proliferation of bilateral free trade areas--the talk is not surprising. Nevertheless, East Asia's past inertia with regard to forming a regional partnership raises many questions about its emerging regionalism. Why has the region suddenly shifted from taking a global approach to economic issues to discussing a regional bloc? How fast and how far will the new regionalism progress? Will the region become a version of the European Union, or something far less? What is the probable impact on American economic and strategic interests--are the likely developments something that the U.S. government should encourage or discourage? Edward Lincoln takes up these questions, exploring what is happening to regional trade and investment flows and what sort of regional arrangements are the most sensible. Lincoln argues that an exclusive grouping is unlikely. Free trade negotiations have brought some economies in the region together, but they also have led to links with nations outside the region. Some regional governments most notably Japan, continue to have difficulty embracing the concept of free trade, even with favored regional partners. In the wake of the Asian financial crisis, governments also have looked at cooperating on exchange rates, but they have done little to move forward. The U.S. government must decide how to respond to these developments in East Asia. An exclusively Asian form of 330 8 $aregionalism could run counter to American economic interests, and the U.S. government has reacted negatively to some of these proposals in the past. Because trade and investment links between the co. 606 $aRegionalism$zEast Asia 607 $aEast Asia$xEconomic integration 607 $aEast Asia$xForeign economic relations 607 $aEast Asia$xCommercial policy 615 0$aRegionalism 676 $a337.1/5 700 $aLincoln$b Edward J$0124442 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910810365803321 996 $aEast Asian economic regionalism$91108461 997 $aUNINA