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 9: European Integration: What Lessons for Northeast Asia?

Gérard Roland

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


Gérard Roland INTRODUCTION When looking back over the history of the twentieth century and many of the major events that have marked it, most would agree that the experience of European integration after World War II is one of the century’s major success stories. Whatever the future of Europe in the twenty-first century, it is fair to take stock of its success in the second half of the twentieth century. During the first half of the twentieth century, it would have seemed unbelievable to think that French and German heads of executive would regularly consult each other on important policy affairs and that French and German citizens would work together and share leisurely activities without expressing forms of nationalist animosity. European citizens traveling across the world talk about their growing sense of ‘European identity’ that is often defined in opposition to parts of the ‘US identity’. Another success story of the second half of the twentieth century is the strong and sustained growth of Asian economies, starting with Japan after World War II, then the Asian tigers (mainly South Korea, Taiwan, Hong Kong and Singapore) followed by the spectacular growth of China, and more recently that of India. Interestingly, the spectacular growth that has been profoundly transforming the economic landscape of Asia has not been accompanied by any form of supranational institutional integration that could be comparable to the European Union. Forms of regionalism have emerged in different parts of the globe (ASEAN, NAFTA, Mercosur,...

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