Political Economy of Northeast Asian Regionalism

Political Economy of Northeast Asian Regionalism

Political Conflict and Economic Integration

Edited by Jehoon Park, T. J. Pempel and Gérard Roland

This book is an objective analysis combining both ‘insider’ and ‘outsider’ (most notably US) perspectives of Northeast Asian regionalism. It also usefully applies regional integration theories to the realities of the Northeast Asian situation and presents policy options for regional integration.

Chapter 2: Regionalism in Northeast Asian: An American Perspective

T.J. Pempel

Subjects: asian studies, asian economics, economics and finance, asian economics, political economy, regional economics, politics and public policy, political economy


2. Regionalism in Northeast Asia: an American perspective T.J. Pempel Consider two separate events. The first is the second East Asia Summit (EAS), held in the Philippines in January 2007. In attendance were leaders from 16 countries – the ten ASEAN members, the additional ‘three’ from the APT (ASEAN Plus Three), China, Japan and the Republic of Korea, plus Australia, New Zealand and India. These leaders held spirited and constructive discussions about regional cooperation on a host of key issues vexing the region, including energy security, avian flu, poverty, education, trade liberalization, and North Korea. According to the official chairman’s statement (http://www.12thaseansummit.org.ph/innertemplate3. asp?categoryϭdocs&docidϭ36), among other things, they signed the Cebu Declaration on East Asian Energy Security; they also agreed to begin a study on a comprehensive economic partnership agreement among the 16 countries; reaffirmed their commitment to coordinate efforts and to increase cooperation in addressing avian flu; and they agreed to consider ways to prevent or mitigate the impact of natural disasters. They also issued a strong joint statement condemning the Democratic People’s Republic of Korea (DPRK) nuclear tests of October 2006 and urging a resumption of the then-stalled Six Party Talks. The Summit was, in numerous ways, a metaphorical manifestation of many of the struggles involved in creating a more cohesive East Asian region. The attendees reflected East Asia’s breadth and diversity – a concatenation of dissimilar religions, social systems, cultural and historical traditions, political systems, and levels of economic development. Yet...

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