Post-Crisis Regional Cooperation in East Asia: New Trends and Developments
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The current global economic crisis turned out to be a serious trial not only for the global governance system but also for the processes of regionalization across the world, indicating a need to revise the existing mechanisms of global and regional cooperation. At the same time the crisis varied significantly in its effect on different regions and states. While the economic crunch appears to have exerted longer and more durable impacts on traditional powers (e.g. the United States (US), Europe and Japan), it has been absorbed with relative ease (to varying degrees) by emerging markets.
KeywordsRegional Cooperation Gross Domestic Product Growth Economic Governance East Asian Summit Regional Player
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