Introduction: Making East Asian Regionalism Work
For years, regionalism has become a trend in East Asia. East Asian countries have been focusing on ways to expand intra-regional trade that include: the establishment of regional trade agreements (RTAs) in the form of free trade agreements (FTAs) and economic partnership agreements (EPAs). The United Nations classifies East Asia as the entirety of the People’s Republic of China (PRC; including all special administrative regions (SARs) and autonomous regions), Republic of China (commonly known as “Taiwan”), Japan, North Korea, South Korea, and Mongolia. However, this book defines East Asia as ASEAN + 3 countries, referring to the work of Stubbs (2002).
KeywordsForeign Direct Investment Gross Domestic Product Trade Strategy Trade Liberalization World Development Indicator
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