Synopses & Reviews
Synopsis
The emergence of a new regional economic architecture in Northeast Asia raises a number of important political economic implications. This book investigates the rationale, structure and form of this development. It critically examines the evolution of the political economy of Northeast Asian regionalism.
This book is a combination of strong pre-existing and working knowledge of the political economies of three countries: China, Japan and Korea. Due to the exploratory, theory-building nature of the research, and interviews with key informants combined with critical published and unpublished secondary data used, Political Economy of New Regionalism in Northeast Asia is an original work and makes substantial contribution towards understanding the rapidly changing global political economic architecture.
Synopsis
The book is the first attempt to offer a holistic and integrated exploration of the political-economic framework underpinning economic regionalism. In doing so it provides a much-needed contribution to the literature on international political economy, international relations and Asian political economy in relation to economic regionalism. The existing literature provides broad generalizations and limited discussion on economic integration (i.e. free trade agreements, FTA) with most analyses of regionalism generally contained to the field of economics with a focus on the welfare implications of FTAs, both for participating countries and the world as a whole. Readers of this book can view economic regionalism from a variety of perspectives with input from Chinese, Japanese and Korean research institutes, business and industry groups, and government officials. Drawing on the considerable country experience and expertise of the authors the book attempts to unravel the paradox of the market-driven economic globalization process (regionalism) and address a serious gap in the current literature relating to the political-economic characteristics and strategies of China, Japan and Korea in relation to economic regionalism.