Regional Integration in Asia.docx

28 views7 pages
7 Apr 2014
School
Course
Professor
Regional Integration in Asia 04/02/2014
APEC (1989)  not the oldest, but the biggest
ASEAN (1967)
TPP (2005/2011)
FTAAP (Free Trade Area in the Asian Pacific)  doesn’t exist, but is an idea
APEC: Asia-Pacific Economic Cooperation
Founded in 1989 by Australia, Brunel, Canada, Indonesia, Japan, Korea, Malaysia, New Zealand, the
Philippines, Singapore, Thailand, & the US
1991-98: China, Hong Kong, Chinese Taipei, Mexico, Papua New Guinea, Chile, Peru, Russia, & Viet Nam
Total: 21
IGO focused on economics and business cooperation with annual meetings
Three pillars: trade and investment liberalization; business facilitation; economic/technical cooperation
Not an FTA or RIA…just an IGO (Intergovernmental organization)
ASEAN: Association of Southeast Asian Nations
Origins
1967: Bangkok Declaration signed by
Indonesia, Malaysia, the Philippines, Singapore, and Thailand
Real concern of these countries was communism
Why these countries at this time?
Nation building
Unlock document

This preview shows pages 1-2 of the document.
Unlock all 7 pages and 3 million more documents.

Already have an account? Log in
Common fear of communism
Economic development
Diminished role of the great powers
Constrain Indonesian power
Early years are focused on political and security issues
Much more concerned w/ Indo-China wars rather than economic issues
“Cooperation” not “integration”
Why So Little Progress in First 30 Years?
Very different economic policies
Singapore was the only really “open economy” in the beginning, the rest were ISI (domestic production)
Recent colonial history (except for Thailand) made nation-building a priority. Protecting infant industries
The Intra-ASEAN market was too small to be consequential for these countries. All dependent on extra-
regional sources for capital and technology
ASEAN Enlargement
1984: Brunel Darussalam (Immediately after independence)
1995: Vietnam
1997: Laos and Myanmar
1999: Cambodia
ASEAN 10
Why enlarge?
Rationalist v. Constructivist explanations
These were countries devastated by the Vietnam war
Unlock document

This preview shows pages 1-2 of the document.
Unlock all 7 pages and 3 million more documents.

Already have an account? Log in

Get access

Grade+
$10 USD/m
Billed $120 USD annually
Homework Help
Class Notes
Textbook Notes
40 Verified Answers
Study Guides
1 Booster Class
Class+
$8 USD/m
Billed $96 USD annually
Homework Help
Class Notes
Textbook Notes
30 Verified Answers
Study Guides
1 Booster Class