| ID | 111033 |
| Title Proper | Regional and multi-level governance |
| Other Title Information | East Asian leadership after the global financial crisis |
| Language | ENG |
| Author | Hamilton-Hart, Natasha |
| Publication | 2012. |
| Summary / Abstract (Note) | Although the economies of East Asia emerged from the global financial crisis of 2008 in comparatively strong positions, they remain structurally embedded within global markets. The degree of regional integration that has occurred within East Asia is thus predicated on the on-going interdependence with the economies of Europe and North America. Moves to advance East Asian regional cooperation in the wake of the crisis reflect this global interdependence, as well as intra-regional differences in interests and a lack of strong leadership within the region. Modest cooperation on an East Asian basis has continued since 2008 but the region is very far from realising a substantive regional governance model on economic and financial issues and does not appear to be pursuing a distinctive governance agenda. This article examines recent developments in East Asian regional cooperation, with a view to assessing the significance of current achievements and explaining the mixed and sometimes contradictory nature of initiatives for regional governance in East Asia. |
| `In' analytical Note | Asia Europe Journal Vol. 9, No. 2-4; Mar 2012: p.237-254 |
| Journal Source | Asia Europe Journal Vol. 9, No. 2-4; Mar 2012: p.237-254 |
| Key Words | East Asian Leadership ; Global Financial Crisis ; North America ; Europe ; East Asian Regional Cooperation ; Regional Governance ; East Asia |