East Asian Economic Integration

Edited by Ross P. Buckley, University of New South Wales, Australia, Richard Weixing Hu, University of Macau and Douglas W. Arner, University of Hong Kong

'This book offers a fascinating exploration of the contradictions of East Asian economic integration: a topic of enormous contemporary significance to observers of world political and economic affairs. The collection provides an unusually rigorous and systematic treatment of this important topic, drawing on contributions from an impressive array of experts. It will provide a valuable resource for students, scholars and other observers seeking deeper understanding of the contemporary dynamics and challenges of East Asian integration.'- Kate MacDonald, University of Melbourne, Australia

• Contents:IntroductionRoss P. Buckley, Richard Weixing Hu and Douglas W. ArnerPART I: THE CHANGING REGIONAL ORDER AND DYNAMICS FOR COOPERATION1. China, the US and Regional Institution Building in East AsiaRichard Weixing Hu2. Who’s Afraid of Asian Trade Regionalism, and Why?C.L. Lim3. Endemic Institutional Fragility in the Face of Dynamic Economic Integration in Asia: The Case of Transboundary Pollution in Hong KongMiron Mushkat and Roda MushkatPART II: TRADE INTEGRATION4. Japan’s FTA (EPA) and BIT Strategy in the Light of Competitive DynamicsJunji Nakagawa5. China’s Strategy for Free Trade Agreements: Political Battle in the Name of TradeHenry Gao6. Bilateral and Regional Trade Agreements in Asia: A Skeptic’s ViewBryan Mercurio7. When ‘Failure’ Indicates Success: Understanding Trade Disputes between ASEAN membersLisa Toohey8. East Asian Investment Treaties in the Integration Process: Quo Vadis?Trinh Hai YenPART III: FINANCIAL INTEGRATION9. Global Financial Regulatory Reforms: Implications for East AsiaDouglas W. Arner and Cyn-Young Park10. Legitimacy and Power: The Political Dynamics of East AsianFinancial RegionalismInjoo Sohn11. Institutional Completeness in the Chiang Mai InitiativesPaul Lejot12. Beyond the Multilateralized Chiang Mai Initiative: An Asian Monetary FundRoss P. Buckley13. The Evolving Role of the Asian Development Bank in the Creation of an Asian Currency UnitNhu VuConclusionRichard Weixing Hu, Douglas W Arner and Ross P. BuckleyIndex