Economic Interdependence and Development in East Asia

Economic Interdependence and Development in East Asia
Author: Hans C. Blomqvist
Publisher: Praeger
Total Pages: 168
Release: 1997-08-26
Genre: Business & Economics
ISBN:

The rapid development of Asian countries has met with mixed reactions among economists. Most economists understand that a genuine development is underway; but, since the process has been a complex one, each has been able to apply favorite explanations to the situation. In Eastern Asia, regional interdependence has been important to developing countries. This work discusses the interaction between the regional economies through trade and foreign direct investment, relating interaction to economic growth and development.

The Nexus of Economics, Security, and International Relations in East Asia

The Nexus of Economics, Security, and International Relations in East Asia
Author: Avery Goldstein
Publisher: Stanford University Press
Total Pages: 285
Release: 2012-08-29
Genre: Political Science
ISBN: 0804783349

While, over the last 30 years, the global economy's center of gravity has shifted to East Asia, the region has remained surprisingly free of interstate military conflict. Yet this era of peace and growth has been punctuated by periodic reminders of enduring security problems in the region—from China's military modernization, to unresolved territorial disputes, to persistent tensions on the Korean peninsula. This volume is one of the first to treat these issues of economics and security as interconnected rather than separate. Its authors—leading scholars from the U.S. and China—shed new light on this important nexus by applying insights from a rich variety of approaches to explore and explain the dynamics of a region whose importance for students of both international political economy and international security has grown dramatically. They show that both economic and security 'fundamentals' matter if one is to understand the reasons for, and evaluate the durability of, East Asia's recent peace and prosperity.

Institutional Balancing in the Asia Pacific

Institutional Balancing in the Asia Pacific
Author: Kai He
Publisher: Taylor & Francis US
Total Pages: 224
Release: 2009
Genre: Political Science
ISBN: 041546952X

This book examines the strategic interactions among China, the United States, Japan, and Southeast Asian States in the context of China’s rise and globalization after the cold war. Engaging the mainstream theoretical debates in international relations, the author introduces a new theoretical framework—institutional realism—to explain the institutionalization of world politics in the Asia-Pacific after the cold war. Institutional realism suggests that deepening economic interdependence creates a condition under which states are more likely to conduct a new balancing strategy—institutional balancing, i.e., countering pressures or threats through initiating, utilizing, and dominating multilateral institutions—to pursue security under anarchy. To test the validity of institutional realism, Kai He examines the foreign policies of the U.S., Japan, the ASEAN states, and China toward four major multilateral institutions, Asia-Pacific Economic Cooperation (APEC), the Association of Southeast Asian Nations (ASEAN) Regional Forum (ARF), ASEAN Plus Three (APT), and East Asian Summit (EAS). Challenging the popular pessimistic view regarding China’s rise, the book concludes that economic interdependence and structural constraints may well soften the "dragon’s teeth." China’s rise does not mean a dark future for the region. Institutional Balancing in the Asia Pacificwill be of great interest to policy makers and scholars of Asian security, international relations, Chinese foreign policy, and U.S. foreign policy.

Looking for Balance

Looking for Balance
Author: Steve Chan
Publisher: Stanford University Press
Total Pages: 298
Release: 2013-07-15
Genre: Political Science
ISBN: 0804778477

Debate surrounding "China's rise," and the prospects of its possible challenge to America's preeminence, has focused on two questions: whether the United States should "contain" or "engage" China; and whether the rise of Chinese power has inclined other East Asian states to "balance" against Beijing by alignment with the United States or ramping up their military expenditures. By drawing on alternative theoretic approaches—most especially "balance-of-threat" theory, political economic theory, and theories of regime survival and economic interdependence, Steve Chan is able to create an explanation of regional developments that differs widely from the traditional "strategic vision" of national interest. He concludes that China's primary aim is not to match U.S. military might or the foreign policy influence that flows from that power, and that its neighbors are not balancing against its rising power because, in today's guns-versus-butter fiscal reality, balancing policies would entail forfeiting possible gains that can accrue from cooperation, economic growth, and the application of GDP to nonmilitary ends. Instead, most East Asian countries have collectively pivoted to a strategy of elite legitimacy and regime survival based on economic performance.

Japan's Security and Economic Dependence on China and the United States

Japan's Security and Economic Dependence on China and the United States
Author: Keisuke Iida
Publisher: Taylor & Francis
Total Pages: 186
Release: 2017-07-06
Genre: Political Science
ISBN: 1317311418

With the rise of China, Japan and many East Asian countries are caught between maximizing profit from economic ties with her, and strengthening alliances with the United States to prevent China from overpowering them. Liberals and realists thus debate over the likelihood of either security tensions easing up or economic interdependence getting reduced eventually. On the other hand, Iida introduces a new theory that reinterprets the relationship between state security and economic interdependence among countries in the Asia-Pacific region. Based on case studies of recent episodes in East Asia, and especially on the experiences of Japan, this book highlights an interesting dynamic between security and economic interdependence: risk avoidance. By understanding how risk avoidance affects the behavior of these countries in terms of security and economics, it becomes evident how they eventually settle into what Iida calls "Cool Politics" and "Lukewarm Economics".

An Analysis of Economic Interdependence Among Asian Countries

An Analysis of Economic Interdependence Among Asian Countries
Author: Ram Prasad Adhikary
Publisher:
Total Pages: 150
Release: 2000
Genre: Asia
ISBN:

"This study aims to: (i) briefly review the external trade and foreign direct investment performance of selected Asian economies including the SEACEN members; (ii) measure the degree of interdependence among the Asian economies in relation to trade and foreign direct investment; and (iii) assess the effects of trade and foreign direct investment on economic growth and explore some of the features that make a country more prone to external shocks"--P. xii.