New East Asian Regionalism

Edited by Charles Harvie, Associate Professor and Director, Centre for Small Business and Regional Research, University of Wollongong, Australia, Fukunari Kimura, Professor, Faculty of Economics, Keio University, and Chief Economist, Economic Research Institute for ASEAN and East Asia (ERIA), Indonesia and Hyun-Hoon Lee, Professor, Kangwon National University, Korea

• Contents: Part I: Introduction 1. Introduction Charles Harvie, Fukunari Kimura and Hyun-Hoon LeePart II: Background and Context 2. East Asia and the Evolution of Preferential Trading Arrangements in the Asia-Pacific Region: A Stock-take Robert Scollay3. Global Supply Networks and Multilateral Trade Linkages: A Structural Analysis of East Asia David Roland-HolstPart III: Issues in Trade and Investment Cooperation in East Asia 4. International Production/Distribution Networks and FTAs Fukunari Kimura and Mitsuyo Ando5. Regional Trade Agreements and their Effect on Non Member Exports and Production Ryuhei Wakasugi and Kazuhiko Itoh6. Trade Integration in ASEAN: An Application of the Panel Gravity Model Seyed Komail Tayyebi7. Key Factors in Foreign Direct Investment Utilization in ASEAN+3 Yanyun Zhao and Zhao LeiPart IV: Country Perspectives on Asian Regionalism 8. The ASEAN Perspective on East Asian-wide Regionalism Suthiphand Chirathivat9. Korea’s Perspectives on East Asian Regionalism Chan-Hyun Sohn and Hyun-Hoon Lee10. Some Perspectives on China’s Role in the East Asian Economies Tang Zongming and Tran Van Hoa11. ASEAN+3 and RTAs and their Impact on Asia–Australia Trade and Growth: Econometric Evidence from an Extended Gravity Theory Tran Van HoaPart V: Monetary Cooperation in East Asia 12. Regional Economic and Monetary Integration – A Modelling and Policy Analysis Charles Harvie13. Creating a Common Currency Basket for East Asia: Prospects and Key Issues Eiji Ogawa and Kentaru KawasakiIndex

'The authors in this book discuss the recent upsurge of regional economic integration in the East Asian region, covering basic background, the structural characteristics of the integration, country-specific perspectives, and monetary cooperation. The virtue of the book lies not only in dealing with the Asian regionalism in a comprehensive way but also in providing many insightful analyses of its impacts on global supply, production, and distribution networks. Moreover, it analyzes monetary integration, and suggests some policy implications of the common currency basket as a means to provide stable regional integration.'