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Institutions for Asian Integration: Innovation and Reform

Author

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  • Capannelli, Giovanni

    (Asian Development Bank Institute)

  • Tan, See Seng

    (Asian Development Bank Institute)

Abstract

The formation of regional production networks in East Asia has occurred mainly through market forces, without much help from regional institutions in promoting the creation of a single Asian market. While this approach has served the region well in the past, the drastic changes experienced since the 2008–2009 financial crisis and the challenges Asian countries are facing—growing inequalities and competition, on the one hand, and enhanced threats to the environment and people’s health on the other—have rendered more urgent the need for intergovernmental cooperation at global and regional levels. Asia’s institutions for regionalism need strengthening through reform and innovation.

Suggested Citation

  • Capannelli, Giovanni & Tan, See Seng, 2012. "Institutions for Asian Integration: Innovation and Reform," ADBI Working Papers 375, Asian Development Bank Institute.
    • Handle: RePEc:ris:adbiwp:0375
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    References listed on IDEAS

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    1. Donald J. Puchala, 1999. "Institutionalism, Intergovernmentalism and European Integration: A Review Article," Journal of Common Market Studies, Wiley Blackwell, vol. 37(2), pages 317-331, June.
    2. Richard E. Baldwin, 2008. "Managing The Noodle Bowl: The Fragility Of East Asian Regionalism," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 53(03), pages 449-478.
    3. Kawai, Masahiro & Wignaraja, Ganeshan, 2011. "Asian FTAs: Trends, prospects and challenges," Journal of Asian Economics, Elsevier, vol. 22(1), pages 1-22, February.
    4. Giovanni Capannelli, 2011. "Institutions for Economic and Financial Integration in Asia : Trends and Prospects," Trade Working Papers 23228, East Asian Bureau of Economic Research.
    5. Giovanni Capannelli, 2011. "Institutions for Economic and Financial Integration in Asia : Trends and Prospects," Governance Working Papers 23228, East Asian Bureau of Economic Research.
    6. Capannelli, Giovanni, 2011. "Institutions for Economic and Financial Integration in Asia: Trends and Prospects," ADBI Working Papers 308, Asian Development Bank Institute.
    7. Masahiro Kawai, 2010. "Reform Of The International Financial Architecture: An Asian Perspective," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 55(01), pages 207-242.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Iulia Monica Oehler-Şincai, 2014. "The Roles Played By China And Japan In The Asian Integration Process," Romanian Economic Business Review, Romanian-American University, vol. 9(3), pages 131-148, September.
    2. Iulia Monica Oehler-Sincai, 2017. "The Actual Balance of Power in Asia-Pacific: Determinants, Characteristics and New Trends," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 3(3), pages 62-72, September.

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    More about this item

    Keywords

    asian integration; asian institutions; regional production networks; east asia; single asian market; intergovernmental cooperation;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other

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