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ID087562
Title ProperChanging patterns of regional governance
Other Title Informationfrom security to political economy
LanguageENG
AuthorDieter, Heribert
Publication2009.
Summary / Abstract (Note)For decades, international relations in the Asia-Pacific were characterized by an emphasis on security affairs. Following the Asian financial crisis of 1997/98, this pattern has changed. In the early 21st century, policy makers in the region put emphasis on the deepening of economic relations. Both in trade and finance, new patterns of governance have emerged. The reasons are manifold. First, traditional security threats are not as important as they used to be. Second, the experience of 1997/98 as well as the current crisis have demonstrated that economic instability is of greater concern than security threats. Third, the economies of the Asia-Pacific are deepening their ties both at the level of production and with regard to investment flows. Despite these structural changes, the level of cooperation continues to be relatively low.
`In' analytical NotePacific Review Vol. 22, No. 1; Mar 2009: p73-90
Journal SourcePacific Review Vol. 22, No. 1; Mar 2009: p73-90
Key WordsRegional Governance ;  Regional Integration ;  China ;  Monetary Regionalism


 
 
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