The market driven trade liberalization and East Asian regional integration

This paper creates a new index (“index of bilateral trade relation”) to quantitatively evaluate the degree of regional economic integration based on countries’ de facto bilateral trade relations. It concludes that a fundamental arrangement of East Asian regionalism should involve at least one of the two “hub” candidates – Japan and China. It also suggests that the China- ASEAN FTA (CAFTA) may trigger domino effects of regionalism in East Asia.

Publication infos:
Geneva, The Graduate Institute of International and Development Studies, 2008
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Number of pages:
38 p.
HEID Working Paper ; 12/2008

 Record created 2011-08-08, last modified 2019-09-30

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