Paul J.J. Welfens & Franz Knipping 
Integration in Asia and Europe 
Historical Dynamics, Political Issues, and Economic Perspectives

Broadening and deepening of economic and political integration are hallmarks of the EU and ASEAN. This book critically analyses the economic and institutional changes in both Europe and Asia. There is considerable potential for instability, but one also finds regional growth opportunities. Comparative policy analysis and evaluation of various cooperation strategies are presented. Emphasis is on banking, financial market dynamics, ICT, and macroeconomic policies as well as trade, energy, and environmental issues. Legal aspects are combined with historical and economic perspectives. Due emphasis also is on the impact of China and the role of international organisations. The comparative analysis of EU and ASEAN integration suggests important policy choices, including those at the multilateral level.

Table of Content

ASEAN Perspective on Joint Research.- A New Take-off: A European Perspective.- Festina Lente: An Introductory Sketch of the History of ASEAN.- Information and Communications Technology, Regulations and Growth: Theory and Key Policy Issues.- International Oil Price Changes: Impact of Oil Prices on Growth and Inflation in the EU.- ASEAN’s Role and Interests in the Formation of East Asian Economic Regionalism.- Globalization-Criticism in Asia.- International Banking: The Influence of GATS and International Prudential Regulation.- Emerging Market Financial Crises — Lessons for International Banking.- Asymmetric Stock Market Interdependencies: US Dominance and Spillover Effects into Asia and Europe.- Monetary Policy and Real-Time Data: The Case of Europe, Asia and the US.- International Cooperation and Environmental Policy: Asian Perspectives.- Euro-Asian Environmental Cooperation — A European Perspective.- Towards an EU Constitution: Cooperation of Different Political Cultures.- China’s Foreign Trade and Investment Links.- Region Building in East Asia: ASEAN Plus Three and Beyond.- The Institutional and Legal Basis of European Union International Relations.- International Competition Law and Regional Trade Agreements.- The Intra-Community Effects of Mixed Agreements Uniform Status Versus Division of Competence.- EU and ASEAN/ ASEAN+3: World Region Developments, FDI and Multinational Corporation Strategies.- A European Perspective on Asia.- ASEAN Exchange Rate Policies.