Sequencing Asian Regionalism: Theory and Lessons from Europe |
Richard Baldwin, |
International Economics, Graduate Institute of International Studies, Geneva University, 11a Ave de la Paix, 1202 Geneva, Switzerland. Tel : 41 22 908-5900, Fax : 41 22 733-3049. E-mail: richard.baldwin@graduateinstitute.ch |
Copyright ©2012 The Journal of Economic Integration |
ABSTRACT |
|
Massive intra-Asian economic integration has been accompanied by very little institution building. This paper considers whether Asia needs new institutions by drawing lessons from the EU’s supranational integration sequence and EFTA’s intergovernmental sequence. Sequencing theory is presented and used to structure historical narrative of Europe’s and Asia’s sequencing and then used to draw implications of the analysis for future efforts to bring regional institutions to Asia. JEL Classification: F15, F55 |
Keywords:
Regional Integration Sequencing | Feedback Mechanisms | Juggernaut Effect | Domino Effect
|
|
|
|
|