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ID: 083490

Fighting irrelevance: an economic community 'with ASEAN characteristics' / Ravenhill, John

Ravenhill, John	Journal Article
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2008.

Summary/Abstract

Contrary to expectations at the time, the financial crises of 1997-98 may have strengthened ASEAN. The backlash against a perceived unsympathetic Western response put ASEAN at center stage in new regional cooperative arrangements. Moreover, the rivalry between China and Japan for regional leadership has led them both to seek to negotiate regional partnerships with ASEAN as a whole. ASEAN, however, faces new challenges - particularly from rapid economic growth in China and India, and from the proliferation of preferential trade agreements (PTAs). ASEAN has made only slow progress in economic cooperation, which has fallen further behind schedule. The private sector makes little use of ASEAN's preferential arrangements because they afford little advantage over most-favored-nation tariffs. ASEAN has failed to address 'deeper integration' issues - the removal of 'beyond border' barriers to trade. Some of the bilateral PTAs that ASEAN countries have negotiated with extra-regional partners go further in removing barriers than ASEAN's own arrangements. ASEAN members continue to eschew binding commitments. Liberalization under ASEAN's auspices has not been sufficiently significant to encourage business groups to invest substantial resources in lobbying for deeper integration

Key Words

ASEAN ; Trade Liberalization ; Iintegration

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ID: 143731

U.S. and Vietnam in the Trans-Pacific partnership / Terskikh, M

Terskikh, M	Article
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Summary/Abstract

REGIONAL INTEGRATION has developed into an important factor of international relations. Today, practically all states on the map of the world belong to at least one regional association. In this context, the United States and the Socialist Republic of Vietnam offer the best example of an active involvement in the integration processes unfolding in the APR, the talks on the Trans-Pacific Partnership (TPP) in particular. The region is increasingly often described as a locomotive of the world's economic development in the twenty-first century.

Key Words

Iintegration ; America's Foreign Policy ; Trans-Pacific Partnership (TPP) ; Asia-Pacific Region (APR) ; Foreign Policy of Vietnam

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