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East Asian Regional Economic Cooperation and FTA: Deepening of Intra-ASEAN Economic Cooperation and Expansion into East Asia

Kazushi Shimizu

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Abstract

As part of the structural changes in the world economy, ASEAN has further promoted intra-regional economic cooperation and has grown as an important axis in East Asian regional economic cooperation and set up a free trade agreement (FTA). This paper examined the achievements and prospects of East Asian regional economic cooperation and this FTA, mainly in terms of ASEAN. The deepening of the current intra-ASEAN economic cooperation, and its characteristics, and major impacts in the East Asian Economic Cooperation are discussed.

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What this paper is about

As part of the structural changes in the world economy, ASEAN has further promoted intra-regional economic cooperation and has grown as an important axis in East Asian regional economic cooperation and set up a free trade agreement (FTA). This paper examined the achievements and prospects of East Asian regional economic cooperation and this FTA, mainly in terms of ASEAN. The deepening of the current intra-ASEAN economic cooperation, and its characteristics, and major impacts in the East Asian Economic Cooperation are discussed.

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Available abstract

As part of the structural changes in the world economy, ASEAN has further promoted intra-regional economic cooperation and has grown as an important axis in East Asian regional economic cooperation and set up a free trade agreement (FTA). This paper examined the achievements and prospects of East Asian regional economic cooperation and this FTA, mainly in terms of ASEAN. The deepening of the current intra-ASEAN economic cooperation, and its characteristics, and major impacts in the East Asian Economic Cooperation are discussed.

Key concepts: Summit, East Asia, Economic integration, International trade, Economic community, International free trade agreement, Declaration, Development economics

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