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Conclusion: From the Asian Community to the World Economy Government

In: Asian Responses to the Global Financial Crisis

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  • Jehoon Park

Abstract

The expert contributors – both Asian and Western – illustrate that as G20 members, many Asian countries are now able to showcase their increasing powers and influence on global issues. Within this context, and via multidisciplinary economic and political science perspectives, the book deals with various issues such as World System analysis, the debate between the Washington Consensus and the Beijing Consensus, roles within the G20, and the contribution of ‘middle’ powers such as Korea and Australia. The application of European experiences to Asia is also considered, as are perspectives from the US. The book concludes that the key to resolving the current global economic crisis lies in how quickly a new global governance and monitoring system can be constructed, and that there are multiple roles for Asian countries to play in its development.

Suggested Citation

  • Jehoon Park, 2012. "Conclusion: From the Asian Community to the World Economy Government," Chapters, in: Jehoon Park & T. J. Pempel & Geng Xiao (ed.), Asian Responses to the Global Financial Crisis, chapter 16, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14860_16
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    File URL: https://www.elgaronline.com/view/9781781003909.00021.xml
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    References listed on IDEAS

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    1. Jehoon Park & T. J. Pempel & Gérard Roland (ed.), 2008. "Political Economy of Northeast Asian Regionalism," Books, Edward Elgar Publishing, number 13111.
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    2. Jehoon Park & Hyunsook Chung, 2011. "Conclusion: Expanding the Perspective Beyond Political Economy," Chapters, in: Jehoon Park & T. J. Pempel & Heungchong Kim (ed.), Regionalism, Economic Integration and Security in Asia, chapter 13, Edward Elgar Publishing.
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