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| 1 |
ID:
094535
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| Publication |
2010.
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| Summary/Abstract |
The centre of gravity of the global economy has been shifting to Asia. The region's economic integration is an idea whose time has come and Asia could learn useful lessons from Europe. However, according to C Sheela Reddy it is likely to follow its own distinctive path and India could play a multifaceted role in this historic process. The diverse cultural, political and social context across the continent makes it difficult to "sell" the notion of supranational institutions to individual countries. Nonetheless, even as Asia accords priority to internal integration, it would remain strongly connected to the rest of the world.
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| 2 |
ID:
092619
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| Publication |
2009.
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| Summary/Abstract |
Ever since the currency crisis of 1997-98, there has been a great deal of interest in enhancing regional economic cooperation in Asia. It is important to keep in mind that economic regionalism is of multidimensional nature. The focus of this paper is on policy initiatives underway in Asia to enhance monetary and financial regionalism and the analytical bases for these initiatives, rather than on examining the de facto level of financial and monetary links that already exists (which may or may not have been facilitated via regional policy mechanisms). There are many gradations of monetary and financial regionalism, ranging from the weak form involving regional policy dialog and surveillance, on the one hand, to exchange rate and monetary coordination, on the other. To maintain focus, this paper concentrates more narrowly on 'medium forms' of monetary and financial regionalism, broadly defined as the development of regional liquidity arrangements and regional financial markets.
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| 3 |
ID:
104350
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| Publication |
2011.
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| Summary/Abstract |
The Association of Southeast Asian Nations (ASEAN) is an established player in Southeast Asia, while the Shanghai Cooperation Organisation (SCO) is an emergent force in Central Asia. This article comparatively assesses ASEAN and SCO to investigate the nature of each organization's model of cooperation and their utility in the contemporary political landscape in Asia. It argues that SCO differs from ASEAN on a few significant points: its composition and level of institutionalization. At the same time, both organizations have similar agendas and models of cooperation, emphasizing a common spirit, flexibility and a focus on regime security. The paper concludes that ASEAN's model of cooperation continues to be relevant to the contemporary Asian landscape, and its brand of loosely codified, informal and norm driven multilateralism continues to be durable and robust.
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