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Business Involvement in Regional Cooperation in Northeast Asia

In: The Political Economy of Regionalism in East Asia

Author

Listed:
  • Hidetaka Yoshimatsu

    (Ritsumeikan Asia Pacific University)

Abstract

In the globalisation era, politics and economics are increasingly interdependent and interlinked. On the one hand, economic interdependence through trade, investment and financial transactions tends to expand among states with stable political relations. On the other hand, close trade and investment linkages often become a catalyst in producing intimate political relations among states. Northeast Asia is an exception to this general trend. The major three Northeast Asian countries — China, Japan and South Korea — still confront difficult political issues, such as historically seeded distrust and competing territorial claims. However, their economic relations have gradually deepened through expanded trade and investment and enhanced financial transactions.

Suggested Citation

  • Hidetaka Yoshimatsu, 2008. "Business Involvement in Regional Cooperation in Northeast Asia," Palgrave Macmillan Books, in: The Political Economy of Regionalism in East Asia, chapter 5, pages 82-104, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-58419-8_6
    DOI: 10.1057/9780230584198_6
    as

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