Led by the rapidly growing People's Republic of China and India, East and South Asian economies are forging closer economic ties than ever before. The process of Pan-Asian integration has stimulated a growing debate on its impacts on insiders and outsiders. This book analyzes the patterns, determinants, impediments, and benefits of closer economic cooperation and integration between East and South Asia. It makes a powerful and realistic case for Pan-Asian integration. The critical issues covered by leading thematic experts include regional patterns of trade and investment, services trade, trade and monetary cooperation, infrastructure, logistics and trade facilitation, developments in the Association of Southeast Asian Nations and the South Asian Association for Regional Cooperation, and a computable general equilibrium model–based analysis of the effects of alternative integration schemes. Filled with new empirical data and analysis, this book is a must-read for anyone interested in international trade and regional integration in Asia, the world's most dynamic region.
Introduction; J.Francois, P.B.Rana & G.Wignaraja
PART I: PERSPECTIVES ON CURRENT INTEGRATION
Current Patterns of Trade and Investment; R.Scollay & A.Pelkmans-Balaoling
Integration Strategies for ASEAN: Alone, Together, or Together with Neighbors?; M.Plummer & G.Wignaraja
Economic Integration in South Asia and Lessons from East Asia of Trade and Investment; P.B.Rana & J.M.Dowling
PART II: REGIONAL PERSPECTIVES ON DEEPER REGIONAL INTEGRATION
Integrating Services Markets; C.Findlay, R.Ochiai & P.Dee
The Role of Logistics Infrastructure, Logistics, and Trade Facilitation in Asian Trade; J.Arnold
Regional Integration in Asia: The Role of Infrastructure; J.Francois, M.Manchin & A.Pelkmans-Balaoing
Pan-Asian Integration: Economic Implications of Integration Scenarios; J.Francois & G.Wignaraja
JOSEPH FRANCOIS is professor at the Department of Economics, Johannes Kepler University, Linz, Austria, and the principal consultant for the study.
PRADUMNA B. RANA is Senior Fellow at Nanyang Technological Univeristy, Singapore.
GANESHAN WIGNARAJA is principal economist at the Office of Regional Economic Integration, Asian Development Bank, Manila, and the team leader of the study.
Description
Led by the rapidly growing People's Republic of China and India, East and South Asian economies are forging closer economic ties than ever before. The process of Pan-Asian integration has stimulated a growing debate on its impacts on insiders and outsiders. This book analyzes the patterns, determinants, impediments, and benefits of closer economic cooperation and integration between East and South Asia. It makes a powerful and realistic case for Pan-Asian integration. The critical issues covered by leading thematic experts include regional patterns of trade and investment, services trade, trade and monetary cooperation, infrastructure, logistics and trade facilitation, developments in the Association of Southeast Asian Nations and the South Asian Association for Regional Cooperation, and a computable general equilibrium model–based analysis of the effects of alternative integration schemes. Filled with new empirical data and analysis, this book is a must-read for anyone interested in international trade and regional integration in Asia, the world's most dynamic region.
Contents
Introduction; J.Francois, P.B.Rana & G.Wignaraja
PART I: PERSPECTIVES ON CURRENT INTEGRATION
Current Patterns of Trade and Investment; R.Scollay & A.Pelkmans-Balaoling
Integration Strategies for ASEAN: Alone, Together, or Together with Neighbors?; M.Plummer & G.Wignaraja
Economic Integration in South Asia and Lessons from East Asia of Trade and Investment; P.B.Rana & J.M.Dowling
PART II: REGIONAL PERSPECTIVES ON DEEPER REGIONAL INTEGRATION
Integrating Services Markets; C.Findlay, R.Ochiai & P.Dee
The Role of Logistics Infrastructure, Logistics, and Trade Facilitation in Asian Trade; J.Arnold
Regional Integration in Asia: The Role of Infrastructure; J.Francois, M.Manchin & A.Pelkmans-Balaoing
Pan-Asian Integration: Economic Implications of Integration Scenarios; J.Francois & G.Wignaraja
Authors
JOSEPH FRANCOIS is professor at the Department of Economics, Johannes Kepler University, Linz, Austria, and the principal consultant for the study.
PRADUMNA B. RANA is Senior Fellow at Nanyang Technological Univeristy, Singapore.
GANESHAN WIGNARAJA is principal economist at the Office of Regional Economic Integration, Asian Development Bank, Manila, and the team leader of the study.
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