Edited by Ulrich Volz, Senior Lecturer in Economics, SOAS, University of London, UK and Senior Research Fellow, German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE)

’If you are interested in finding out more about regionalism's potential to reshape globalization and global governance, turn to this excellent and thoroughly researched volume. While the authors focus on international trade and finance, their stimulating analyses are of much broader relevance. They point to an emerging new phase of globalization made more open and participatory - 'flatter' - by enhanced regionalism.’- Inge Kaul, Hertie School of Governance, Germany

• Contents:ForewordJosé Antonio OcampoIntroduction Ulrich VolzPART I: INTEGRATION EXPERIENCES IN DIFFERENT REGIONS1. SAARC: Changing Realities, Opportunities and Challenges Rajiv Kumar2. East Asian Economic Integration and its Impact on the Chinese EconomyYanghua Huang and Yongsheng Zhang3. Regional Integration in Southern Africa: Key Issues and ChallengesTrudi Hartzenberg and Davie Malungisa4. Integration in Latin America – Trends and ChallengesRenato BaumannPART II: REGIONAL INTEGRATION AND THE MULTILATERAL TRADING SYSTEM5. The Future of the Multilateral Trading System in a Multi-polar WorldJeffrey J. Schott6. Rabbits Caught in the Headlights? Africa and the ‘Multilateralizing Regionalism’ ParadigmPeter Draper and Mzukisi QoboPART III: REGIONAL TRADE AND FOREIGN DIRECT INVESTMENT7. Regional Trade-FDI-Poverty Alleviation Linkages – Some Analytical and Empirical ExplorationsRam Upendra Das8. Regional Integration and FDI in Emerging MarketsJulia Kubny, Florian Mölders and Peter NunnenkampPART IV: REGIONAL FINANCIAL INTEGRATION9. Developing Regional Financial Markets – the Case of East AsiaMichael Pomerleano10. Regional Financing Arrangements and the IMFJulie McKay, Ulrich Volz and Regine WölfingerPART V: TOPICS IN MONETARY INTEGRATION11. Monetary Integration and Trade: What do we Know?Volker Nitsch12. When You Got Nothing, You Got Nothing to Lose – Regional Monetary Integration and Policy IndependenceJ. James Reade and Ulrich Volz13. South–South Regional Monetary Cooperation: Potential Gains for Developing Countries and Emerging MarketsLaurissa Mühlich14. Currency Baskets for East AsiaEiji OgawaIndex

Edited by Ulrich Volz, Senior Lecturer in Economics, SOAS, University of London, UK and Senior Research Fellow, German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE)

’If you are interested in finding out more about regionalism's potential to reshape globalization and global governance, turn to this excellent and thoroughly researched volume. While the authors focus on international trade and finance, their stimulating analyses are of much broader relevance. They point to an emerging new phase of globalization made more open and participatory - 'flatter' - by enhanced regionalism.’- Inge Kaul, Hertie School of Governance, Germany

• Contents:ForewordJosé Antonio OcampoIntroduction Ulrich VolzPART I: INTEGRATION EXPERIENCES IN DIFFERENT REGIONS1. SAARC: Changing Realities, Opportunities and Challenges Rajiv Kumar2. East Asian Economic Integration and its Impact on the Chinese EconomyYanghua Huang and Yongsheng Zhang3. Regional Integration in Southern Africa: Key Issues and ChallengesTrudi Hartzenberg and Davie Malungisa4. Integration in Latin America – Trends and ChallengesRenato BaumannPART II: REGIONAL INTEGRATION AND THE MULTILATERAL TRADING SYSTEM5. The Future of the Multilateral Trading System in a Multi-polar WorldJeffrey J. Schott6. Rabbits Caught in the Headlights? Africa and the ‘Multilateralizing Regionalism’ ParadigmPeter Draper and Mzukisi QoboPART III: REGIONAL TRADE AND FOREIGN DIRECT INVESTMENT7. Regional Trade-FDI-Poverty Alleviation Linkages – Some Analytical and Empirical ExplorationsRam Upendra Das8. Regional Integration and FDI in Emerging MarketsJulia Kubny, Florian Mölders and Peter NunnenkampPART IV: REGIONAL FINANCIAL INTEGRATION9. Developing Regional Financial Markets – the Case of East AsiaMichael Pomerleano10. Regional Financing Arrangements and the IMFJulie McKay, Ulrich Volz and Regine WölfingerPART V: TOPICS IN MONETARY INTEGRATION11. Monetary Integration and Trade: What do we Know?Volker Nitsch12. When You Got Nothing, You Got Nothing to Lose – Regional Monetary Integration and Policy IndependenceJ. James Reade and Ulrich Volz13. South–South Regional Monetary Cooperation: Potential Gains for Developing Countries and Emerging MarketsLaurissa Mühlich14. Currency Baskets for East AsiaEiji OgawaIndex

Edited by Ulrich Volz, Senior Lecturer in Economics, SOAS, University of London, UK and Senior Research Fellow, German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE)

’If you are interested in finding out more about regionalism's potential to reshape globalization and global governance, turn to this excellent and thoroughly researched volume. While the authors focus on international trade and finance, their stimulating analyses are of much broader relevance. They point to an emerging new phase of globalization made more open and participatory - 'flatter' - by enhanced regionalism.’- Inge Kaul, Hertie School of Governance, Germany

• Contents:ForewordJosé Antonio OcampoIntroduction Ulrich VolzPART I: INTEGRATION EXPERIENCES IN DIFFERENT REGIONS1. SAARC: Changing Realities, Opportunities and Challenges Rajiv Kumar2. East Asian Economic Integration and its Impact on the Chinese EconomyYanghua Huang and Yongsheng Zhang3. Regional Integration in Southern Africa: Key Issues and ChallengesTrudi Hartzenberg and Davie Malungisa4. Integration in Latin America – Trends and ChallengesRenato BaumannPART II: REGIONAL INTEGRATION AND THE MULTILATERAL TRADING SYSTEM5. The Future of the Multilateral Trading System in a Multi-polar WorldJeffrey J. Schott6. Rabbits Caught in the Headlights? Africa and the ‘Multilateralizing Regionalism’ ParadigmPeter Draper and Mzukisi QoboPART III: REGIONAL TRADE AND FOREIGN DIRECT INVESTMENT7. Regional Trade-FDI-Poverty Alleviation Linkages – Some Analytical and Empirical ExplorationsRam Upendra Das8. Regional Integration and FDI in Emerging MarketsJulia Kubny, Florian Mölders and Peter NunnenkampPART IV: REGIONAL FINANCIAL INTEGRATION9. Developing Regional Financial Markets – the Case of East AsiaMichael Pomerleano10. Regional Financing Arrangements and the IMFJulie McKay, Ulrich Volz and Regine WölfingerPART V: TOPICS IN MONETARY INTEGRATION11. Monetary Integration and Trade: What do we Know?Volker Nitsch12. When You Got Nothing, You Got Nothing to Lose – Regional Monetary Integration and Policy IndependenceJ. James Reade and Ulrich Volz13. South–South Regional Monetary Cooperation: Potential Gains for Developing Countries and Emerging MarketsLaurissa Mühlich14. Currency Baskets for East AsiaEiji OgawaIndex