East Asian Regional Economic Integration: A Post-Crisis Update
To the surprise of many analysts, the outbreak of the global financial crisis (GFC) in 2008 did not leave East Asian economies unscathed. The objective of the paper is to examine the implications of the GFC for the regional economic integration process in East Asia, taking into account both the de facto and the de jure dimensions.
To that end, it starts by examining how the region performed during the GFC, before turning to analyze the impact that the crisis has had on various cooperative initiatives in the region, as well as on the direction and intensity of intra-regional trade linkages, with a focus on the potentially changing role of China.
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East Asian Regional Economic Integration: A Post-Crisis Update
Center for Asian Studies
Asia is a nerve center for multiple global economic, political and security challenges. The Center for Asian Studies provides documented expertise and a platform for discussion on Asian issues to accompany decision makers and explain and contextualize developments in the region for the sake of a larger public dialogue.
The Center's research is organized along two major axes: relations between Asia's major powers and the rest of the world; and internal economic and social dynamics of Asian countries. The Center's research focuses primarily on China, Japan, India, Taiwan and the Indo-Pacific, but also covers Southeast Asia, the Korean peninsula and the Pacific Islands.
The Centre for Asian Studies maintains close institutional links with counterpart research institutes in Europe and Asia, and its researchers regularly carry out fieldwork in the region.
The Center organizes closed-door roundtables, expert-level seminars and a number of public events, including an Annual Conference, that welcome experts from Asia, Europe and the United States. The work of Center’s researchers, as well as that of their partners, is regularly published in the Center’s electronic journal Asie.Visions.
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