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Prospects for Regional Cooperation between Latin America and the Caribbean Region and the Asia and Pacific Region: Perspective from East Asia

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  • Erlinda M. Medalla
  • Jenny D. Balboa

Abstract

The Asia and Pacific region and Latin America and Caribbean region are two regions divided not only by vast geographic distance, but also by disparities in economics, politics, culture, and history. Most recently, a number of forums explored the possibility of closing such gaps and linking the two regions through various trade and investment initiatives. The opportunities for cooperation abound and could touch on areas that will improve the regional value chain and enhance the innovation and competitiveness of both regions. Interregional cooperation could also help the two regions seek ways to deal with the current global economic crisis through a range of opportunities to stimulate the economy. This paper explores the potential for regional cooperation between the Asia and Pacific region and Latin America and the Caribbean. It also provides some recommendations to enhance the economic partnership of the two regions. [ADBI Working Paper 217]

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  • Erlinda M. Medalla & Jenny D. Balboa, 2010. "Prospects for Regional Cooperation between Latin America and the Caribbean Region and the Asia and Pacific Region: Perspective from East Asia," Working Papers id:3129, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:3129
    Note: Institutional Papers
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    References listed on IDEAS

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    1. Peter Drysdale, 2005. "Regional Cooperation in East Asia and FTA Strategies," Trade Working Papers 22016, East Asian Bureau of Economic Research.
    2. Soyoung Kim & Jong-Wha Lee & Kwanho Shin, 2006. "Regional and Global Financial Integration in East Asia," Discussion Paper Series 0602, Institute of Economic Research, Korea University.
    3. Hadi SOESASTRO, 2006. "Regional Integration in East Asia: Achievements and Future Prospects," Asian Economic Policy Review, Japan Center for Economic Research, vol. 1(2), pages 215-234, December.
    4. World Bank, 2008. "World Development Indicators 2008," World Bank Publications - Books, The World Bank Group, number 11855.
    5. World Bank, 2008. "World Development Indicators 2008," World Bank Publications - Books, The World Bank Group, number 28241.
    6. Honggue Lee, 2004. "Regime Selection as an Alternative to the Grubel-Lloyd Index," Econometric Society 2004 Far Eastern Meetings 491, Econometric Society.
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    Cited by:

    1. Wignaraja, Ganeshan & Ramizo, Dorothea & Burmeister, Luca, 2012. "Asia-Latin America Free Trade Agreements: An Instrument for Inter-Regional Liberalization and Integration?," ADBI Working Papers 382, Asian Development Bank Institute.

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    Keywords

    Asia; Pacific; Latin America; Caribbean; economics; politics; culture; history;
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