Regional economic integration in Asia

Monika Wojtas

Abstract


The author characterizes the process of regionalization in Asia, focusing on trends in share of intraregional trade in total foreign trade of Asian countries and two main organizations of economic integration – ASEAN and APEC. The beginning of the 21st century brought a  surge in the number of preferential agreements in Asia which are interloping and have weak institutional framework. That is caused by the lack of leadership or interest to relinquish the power to a  common institution.

Keywords


regionalisation; Asia; trade

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DOI: http://dx.doi.org/10.17951/h.2013.47.2.143
Date of publication: 2015-07-23 22:35:28
Date of submission: 2015-07-19 17:46:03


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