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In the wake of the Asian economic crisis the APEC-led process of regional integration and trade liberalization has been found wanting. Increasingly regional political leaders and domestic groups are searching for new forms of regional governance, from 'East Asian' regional grouping to the proliferation of new bilateral trade agreements. This book looks at the changing global and domestic political economies shaping the new regionalism in Asia and examines the relationship between regional domestic, political and economic structures and forms of regional governance. Focusing on contemporary factors such as; the impact of globalization on Asian regionalism, new security challenges, monetary cooperation, sovereignty, democratization, industry policy and china's engagement with Southeast Asia, this book suggests that both the theory and practice of regionalism need to be radically revised in order to make the process applicable to the twenty first century. With contributions from distinguished academics in the field who provide an overview of the conceptual foundations of regional governance, this book will be an indispensable resource for all who want to understand the emerging dynamics of regionalism in the Asia-Pacific.
Kanishka Jayasuriya is Associate Professor, Department of Politics and Southeast Asia Research Centre, City University of Hong Kong.
1. Introduction: The Vicissitudes of Asian Regional Governance Part 1: Conceptual Framework: The Politics of Regional Governance 2. Embedded Mercantilism and Open Regionalism: the Crisis of a Regional Political Project 3. The Rise and Fall of Open Regionalism? Comparative Reflections on Regional Governance in the Southern Cone of Latin America Part 2: The Domestic Sources of Regional Governance 4. The New Bilateralism in East Asia 5. Southeast Asian Industrialism and the Changing Global Production System 6. Coalitions, Convergence and Corporate Governance Reform in Indonesia 7. Democratisation and the Prospects for Participatory Regionalism in Southeast Asia Part 3: New Forms of Regional Governance8. Asia-Pacific Approaches to Regional Governance 9. Cooperation on Money and Finance: How Important? How Likely? 10. Towards an East Asian Community: Implications of the EAVG Report Part4: The US and China, and the Dynamics of Regional Governance 11. The United States and Southeast Asia: Change and Continuity in American Hegemony 12. China and Southeast Asian Economies since the 1990s: The Multilateral Dimension 13. Sino-ASEAN Relations in the Early Twenty-first Century