Economic integration among Asian Countries

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1. Description

Since Bandung Conference and the onset of The Association of Southeast Asian Nations (ASEAN, Countries in Asia region have tried to cooperate in many sectors. However, the main reason of these efforts is economic cooperation. China technically joined the club and the combined new association is called 'ASEAN + 1'. ASEAN has tried to sign a Treaty of Amity and Cooperation[1] with most of its neighbours. Korea and Japan and Singapore are discussing FTA respectively. Asia-Pacific Economic Cooperation (APEC) further tries to widen its scope beyond its region:

2. Enablers

3. Inhibitors

  • nationalism
  • Sino-Japan rivalry
  • Japan's refusal to repent for its past:

4. Paradigms

With more cooperation among Asian countries, the Asian region can represent the leading economic block surpassing the U.S. and the EU in terms of people and resources. Then the orientalism can be overcome, which is cast by the western cultures. The more balanced world view can emerge with the awaking of Asia. Asian values will be better studied as an alternative to material-oriented western life style:

5. Experts

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6. Timing

-China and the U.S set the diplomatic relationship in 1979. -China began to carry out the openning policy in 1978. -China set up Shenzhen special economic zone in 1980. -China joint into the WTO on Dec.11th,2001. -China will cancel the tariff for telecommunication equipments before 2005. -The 2008 Olympic Games will be held in Beijing. -The World Expostition will be held in Shanghai.

- Nov 1989 : the fall of Berlin wall - Jan 1991 : the 1st Gulf war - Nov 1991 : U.S.-led UN sanction on the former Yugoslavia - Dec 1991 : demise of the Soviet Union - Oct 1993 : Battle of Mogadishu - July 1997 : Return of HongKong - May 1999 : Bobming of Chinese embassy in Belgrade by a NATO aircraft - Apr 2001 : A U.S. spyplane collided with a Chinese F-8 fighter jet - Dec 2001 : China joined the WTO

7. Web Resources

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