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Japan and East Asian Monetary Regionalism by Shigeko Hayashi Pdf
Based on original fieldwork including interviews held with Japanese officials, this text provides important new insight into Japan and East Asian relations, principally through the close examination of changes in Japan’s regional policy. Furthering discussions on Japan’s new regional activism, Hayashi explores how Japan and East Asian relations have developed, how Japan’s regional policy has changed, and why. In addition, the book challenges conventional views on Japanese foreign policy, arguing that it is not reactive but incrementally effective. The book incorporates three major case studies that provide detailed narratives and analysis of Japan and Washington’s diverging ideological approaches, Japan’s policies towards the East Asian financial crisis, and its policies towards East Asian regionalism.
Regionalism and Rivalry by Jeffrey A. Frankel,Miles Kahler Pdf
As Japan's newfound economic power leads to increased political power, there is concern that Japan may be turning East Asia into a regional economic bloc to rival the U.S. and Europe. In Regionalism and Rivalry, leading economists and political scientists address this concern by looking at three central questions: Is Japan forming a trading bloc in Pacific Asia? Does Japan use foreign direct investment in Southeast Asia to achieve national goals? Does Japan possess the leadership qualities necessary for a nation assuming greater political responsibility in international affairs? The authors contend that although intraregional trade in East Asia is growing rapidly, a trade bloc is not necessarily forming. They show that the trade increase can be explained entirely by factors independent of discriminatory trading arrangements, such as the rapid growth of East Asian economies. Other chapters look in detail at cases of Japanese direct investment in Southeast Asia and find little evidence of attempts by Japan to use the power of its multinational corporations for political purposes. A third group of papers attempt to gauge Japan's leadership characteristics. They focus on Japan's "technology ideology," its contributions to international public goods, international monetary cooperation, and economic liberalization in East Asia.
Asian Regionalism and Japan by Shintaro Hamanaka Pdf
This book explores the essential nature of regionalism by conducting a comprehensive analysis of more than 30 regionalist proposals made by Japan and other Asian countries throughout the post-war period. Shintaro Hamanaka examines the whole post war period and covers all regionalist proposals since then, while most existing studies cover only the development of Asian regionalism in the recent decade. A significant number of cases in the proposed book enable the readers to go beyond an understanding of each regionalist project, to a deeper understanding of theoretically generalizeable behavior pattern of Japan and other countries. The book also comparatively analyzes political, financial and trade regionalisms. The central aim of the book is to reveal the fact that policies with regard to regionalism have a pattern, in this case with a principal, though not an exclusive focus, on Japan. The author demonstrates that the behavior pattern of external policy is extremely consistent in terms of the membership of regionalist organizations and discusses whether this new approach to regionalism holds explanatory power vis-à-vis regionalism outside Asia. This book will be of interest to scholars, postgraduate students and policy makers in the fields of international relations, Asian studies, international trade and regionalism.
Japan, China and Networked Regionalism in East Asia by J. Rathus Pdf
Viewing the rise of China from Japan's perspective, the author elucidates Japanese policy responses and their implications for regional institution building. It fills a gap in knowledge about the development of East Asian regional institutions and Sino-Japanese relationships.
Beyond Japan by Peter J. Katzenstein,Takashi Shiraishi Pdf
Have Japan's relative economic decline and China's rapid ascent altered the dynamics of Asian regionalism? Peter Katzenstein and Takashi Shiraishi, the editors of Network Power, one of the most comprehensive volumes on East Asian regionalism in the 1990s, present here an impressive new collection that brings the reader up to date. This book argues that East Asia's regional dynamics are no longer the result of a simple extension of any one national model. While Japanese institutional structures and political practices remain critically important, the new East Asia now under construction is more than, and different from, the sum of its various national parts. At the outset of a new century, the interplay of Japanese factors with Chinese, American, and other national influences is producing a distinctively new East Asian region.
Japan and East Asian Integration by Chunji Yun Pdf
East Asia is now one of the most dynamic parts of the increasingly regionalized world economy. This book explores the structure and upgrading mechanism of the highly integrated economy, reviewing the previous paradigm centered on Japan. The focal points are on the flying geese paradigm, the regional production networks, a reinterpretation of the East Asian crisis, the post-crisis transformation of the regional economy and a search for further regional cooperation. This volume aims at presenting, through these analyses, an alternative view for and a perspective on future East Asian regionalism.
Japan and East Asia in Transition by H. Yoshimatsu Pdf
This book examines how Japan has changed its economic relationship with East Asia since the mid 1990s by looking at its commitments to import relief, regional financial and industrial transformations, and regionalism. While the Japanese government has taken proactive initiatives to sustain the sound development of the regional economies, it has become more strategic in preserving its interests in the rapid industrial transformation. The book includes valuable information about Japan's trade remedy measures, Sino-Japan relations, and regional integration in East Asia.
Author : Mari Pangestu,Ligang Song Publisher : ANU E Press Page : 293 pages File Size : 51,8 Mb Release : 2007-12-01 Category : Business & Economics ISBN : 9781921313622
Japan's Future in East Asia and the Pacific by Mari Pangestu,Ligang Song Pdf
Japan’s Future in East Asia and the Pacific takes a ’big-picture‘ approach to Japan’s economic place in East Asia alongside that of China. It analyses Japan’s successes and experiments in trade policy as well as its failures in macro-economic policy. Japan’s diplomatic and economic integration strategies are also examined for their impact on East Asia and on Australia. The collection assesses China’s growth and dynamism and questions the nature of the competition for economic influence between Japan and China. Contributors to Japan’s Future in East Asia and the Pacific are all graduates of The Australian National University who are making their mark in the region as scholars and economists on East Asian and Pacific affairs.
New East Asian Regionalism by Charles Harvie,Fukunari Kimura,Hyun-Hoon Lee Pdf
East Asian countries - currently the most dynamic region of the global economy - have recently pursued trade liberalization through the adoption of various forms of bilateral and plurilateral Free Trade Agreements (FTAs). The book explores the key issues and possible outcomes arising from this departure from the region's traditional multilateral approach to trade liberalization. Implications of this new approach for the region as a whole, and key participating individual economies and blocs of economies, are emphasized.
East Asian Economic Regionalism by Edward J. Lincoln Pdf
A 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 regionalism 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
Currency and Contest in East Asia by William M. Grimes Pdf
Since the Asian Financial Crisis of 1997-98, East Asian economies have sought to make themselves less vulnerable to global financial markets by transforming the regional financial architecture. With Japan as a leading actor, they have introduced initiatives to provide emergency financing to crisis economies, support the development of local-currency bond markets, and better coordinate currency policies. In Currency and Contest in East Asia, William W. Grimes builds on years of primary research and scores of interviews with participants and policy analysts to provide the most accurate, complete, and detailed description available of attempts to build financial cooperation among East Asian countries. Adapting realist political economy theory to the realities of contemporary global finance, Grimes places regional issues firmly in the wider context of great-power rivalries. He argues that financial regionalism can best be understood as one arena for competition among Japan, the United States, and China. Despite their mutual desire for regional prosperity and economic stability, these three powers have conflicting political interests. Their struggles for regional leadership raise questions about the long-term feasibility of regional financial cooperation, the possible effects of Sino-Japanese rivalry on regional financial stability, and the potential for East Asian financial regionalism to undermine the long-established-albeit waning-global and regional dominance of the United States and the dollar.
The Global Economic Crisis and East Asian Regionalism by Saori Katada Pdf
Regional cooperation in East Asia on various issue areas, such as emergency liquidity mechanisms in finance, the exponential growth of free trade agreements and policy coordination on the environment and public health, developed rapidly after the Asian Financial Crisis. A decade later, the global financial crisis offered a new opportunity for the nascent regional cooperation mechanisms to acquire new depth and meaning - this time, however, in a very different context due to the unfaltering rise of China. How have inter-state cooperation mechanisms, which were devised originally to deal with the problems of the past crisis, fared in the recent global economic turbulence? Can regional integration effectively insulate East Asia from the vagaries of the international market? Should East Asian nations heed the call for regionalism or globalism? This volume not only offers one of the first assessments of how the global economic crisis has affected the prospects for regional integration in East Asia, but it also addresses a number of long-standing debates of interest to East Asian specialists, economists and policymakers: Are crises catalysts for revamping developmental models? Do they provide solid foundations for regional solidarity and integration? Can they help catapult countries into the global limelight? This book was originally published as a special issue of The Pacific Review.
Co-design for a New East Asia After the Crisis by H. Hirakawa,Y.-H. Kim Pdf
East Asia enjoyed a role as a growth center of the world economy from the 1960s until the currency and economic crisis of 1997. In 1993, the World Bank issued a report entitled "The East Asian Miracle: Economic Growth and Public Policy," in which the bank expressed its admiration for the region 's rapid economic develop ment. However, within only four years the region had fallen prey to the currency and economic crisis that spread outward from Thailand. In the midst of the crisis, many East Asian countries began at long last to cooperate with one another in order to cope with these unprecedented difficulties and to prevent another crisis. In fact, the East Asian region was an exception throughout the 1990s with re spect to regionalism. A surge of regionalism, which began in Europe in the second half ofthe 1980s, spread to North America and Latin America. However, the North east Asian region in particular, consisting of Japan, China (People's Republic of China), and Korea (Republic of Korea), did not participate in any kind of regional economic arrangements. Regional cooperation frameworks were limited to coun tries belonging to the Association of Southeast Asian Nations (ASEAN) and did not spread to the Northeast Asian region.
This is the only English language publication with a distinctly Northeast Asian (outside Japan) and Chinese perspective on pan-East Asian Regionalism (including both Northeast and Southeast Asian Regionalism) published within the last 5 years that is distributed internationally. It traces the development of Asian regionalism and analyzes China''s role and policy on East Asian cooperation and integration. The 15 chapters in this volume directly involve all major policy researches and project designing in the process of the East Asia cooperation. They provide valuable information for knowing, understanding and studying the ongoing process of regional cooperation in East Asia. Sample Chapter(s). Foreword (39 KB). Chapter 1: East Asian Cooperation: Path & Approach (71 KB). Contents: East Asian Cooperation: Path & Approach; Emerging East Asian Regionalism; Projecting East Asian Community-Building; East Asian Cooperation: Where is It Going?; Northeast Asian Community: Is It Possible to Turn Vision into Reality?; The Development of East Asian FTA; China''s FTA Strategy: An Overview; Designing East Asian FTA: Rational and Feasibility; How to Promote Monetary and Financial Cooperation in East Asia; The Asian Financial Crisis and Regional Cooperation; Environment and Energy Cooperation in East Asia; China''s Economic Emergence and Regional Cooperation; China''s Accession to WTO and Its Impact on ChinaOCoASEAN Relations; ChinaOCoASEAN FTA and Its Impact; Comparing China and Japan in Developing Partnership with ASEAN. Readership: Academics, researchers and students interested in the development of the East Asian Cooperation Movement.
