Integration of Trade and Regional Economic Cooperation in East Asia
XU Chun-xiang
Abstract
XU Chun-xiang
Abstract
The process of European Union's regional integration for more than half century has provided experiences for other regional cooperation,while European Union(the former 15 members) is an area of 'homogeneous' members structure which integration process has its unique historical background and realistic reasons,and also its organizational modes of integration embodies more institutional arrangements.However,the East Asia is an area of 'heterogeneous' members structures,in which the path of regional integration is quite different,more market factors are embodied during its process of integration.Trade integration is the initial stage of regional economic cooperation for East Asia area,in which to establish regional production networks based on vertical specialization is the main approach to carry out the regional economic cooperation.
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The process of European Union's regional integration for more than half century has provided experiences for other regional cooperation,while European Union(the former 15 members) is an area of 'homogeneous' members structure which integration process has its unique historical background and realistic reasons,and also its organizational modes of integration embodies more institutional arrangements.However,the East Asia is an area of 'heterogeneous' members structures,in which the path of regional integration is quite different,more market factors are embodied during its process of integration.Trade integration is the initial stage of regional economic cooperation for East Asia area,in which to establish regional production networks based on vertical specialization is the main approach to carry out the regional economic cooperation.
Key concepts: Economic integration, Regional integration, East Asia, Economic geography, International trade, European union, Homogeneous, Process (computing)