Japan And China In East Asian Integration

Provides analyses on the politico-economic relationship between Japan and China, and a comparison of economic strengths between China and India in East Asian economic integration. Provides an overall analysis on East Asian economic integration, including some observations on the recent development and future prospects of the region.

East Asia is now one of the most dynamic parts of the increasingly regionalized world economy. This book explores the structure and upgrading mechanism of the highly integrated economy, reviewing the previous paradigm centered on Japan. The focal points are on the flying geese paradigm, the regional production networks, a reinterpretation of the East Asian crisis, the post-crisis transformation of the regional economy and a search for further regional cooperation. This volume aims at presenting, through these analyses, an alternative view for and a perspective on future East Asian regionalism.

Japan’s Future in East Asia and the Pacific takes a ’big-picture‘ approach to Japan’s economic place in East Asia alongside that of China. It analyses Japan’s successes and experiments in trade policy as well as its failures in macro-economic policy. Japan’s diplomatic and economic integration strategies are also examined for their impact on East Asia and on Australia. The collection assesses China’s growth and dynamism and questions the nature of the competition for economic influence between Japan and China. Contributors to Japan’s Future in East Asia and the Pacific are all graduates of The Australian National University who are making their mark in the region as scholars and economists on East Asian and Pacific affairs.

East Asia is now experiencing significant economic growth and social change. Integration of East Asia seems an irresistible trend, as East Asian countries are closely interdependent with each other and share many common interests in economic development. This book analyzes the cooperation and challenges of East Asian countries in the process of integration. It includes 15 chapters in four sections. The first section discusses the impact of East Asia cooperation and economic integration. The second section emphasizes the election of political leadership in East Asia. The third section covers the topics of East Asian cultural identity, history and norms. The fourth section studies the relationship between East Asia and the World. The chapters are selected from two Trilateral symposia held in Seoul and Shanghai in 2013 and 2014, respectively. The Symposia offer comprehensive and diversified views of scholars from China, Korea and Japan.

Introduction -- ch. 1. China and East Asia production network -- ch. 2. The internationalisation of China's Renminbi -- ch. 3. The internationalisation of Chinese enterprises -- ch. 4. Cross-strait economic relations: Taiwan's perspective -- ch. 5. CEPA and Mainland-Hong Kong's economic relations --ch. 6. China-Asean economic relations remain resilient despite rising challenges -- ch. 7. Ever-bonding Sino-Korean economic relationship but questionable contribution to regional integration -- ch. 8. China and Japan: great economic integration without a bilateral free trade agreement -- ch. 9. The political economy of East Asia economic integration.

China, Japan and Regional Leadership in East Asia is a compilation which provides a necessary and welcome update to the Asian regionalism debates of the last decade, bringing together notable experts in Asian area studies and comparative foreign policy to provide many new insights. . . essential reading both for practitioners of Asian studies and those concerned with the role of comparative regionalism in modern international relations. Marc Lanteigne, East Asia An International Quarterly . . . this book is strongly recommended reading for everyone interested in Japan China relations, leadership, and East Asia. It proves that looking at complex issues from a variety of angles does bring a much deeper understanding. I thoroughly enjoyed it! Marie Söderberg, Journal of Japanese Studies This book addresses one of the most intriguing but also under-researched issues of the future of the Asian strategic landscape: who will lead the region and replace US leadership, Japan and China, and what kind of leadership do we have to expect? The authors come to the conclusion that it is a matrix or combination of leadership options rather than a single leadership type, depending on issue domains, governance structure and geospatial scales. . . The conclusions by Christopher Dent admirably draw the theoretical and empirical issues together. Reinhard Drifte, Pacific Affairs This book considers themes, evidence and ideas relating to the prospects for regional leadership in East Asia, with particular reference to China and Japan assuming regional leader actor roles. Key issues discussed by the list of distinguished contributors include: the extent to which there is an East Asian region to lead China Japan relations different aspects of Japan and China s positions in the East Asia region how the seemingly inexorable rise of China is being addressed within the region how China and Japan have explored paths of regional leadership through certain regional and multilateral organisations and frameworks the position of certain intermediary powers (i.e. the United States and Korea) with regards to regional leadership diplomacy in East Asia. Invaluably, the concluding chapter brings together the main findings of the book and presents new analytical approaches for studying the nature of, and prospects for leadership in East Asia. China, Japan and Regional Leadership in East Asia will be essential reading for upper level undergraduate and postgraduate students and researchers of international relations, regional studies, international political economy and economics as well as Asian and development studies.

For more than half a century, East Asia has been the most dynamic and resilient economic region in the world. Following Japan's success in its post-World War Two reconstruction and industrialisation, a good number of East Asian economies flourished. The latest and the most extraordinary case is that of China's rapid economic development. As the largest economy in the region, China pledged to play a leading role in promoting regional economic prosperity. China's economic relations with its East Asian neighbours have been complex and have nonetheless grown in strength. This edited volume examines China's key economic relations and efforts in participating and promoting economic globalisation, as well as the overall development of East Asian economic integration.This book focuses on China's importance and efforts in East Asian economic integration by examining the changing patterns of the growing East Asian production network, reviewing the process and achievement of China's efforts in internationalising its currency and evaluating the efforts to internationalise Chinese firms. It elaborates China's economic relations with individual neighbouring East Asian economies such as Taiwan, Hong Kong, ASEAN, Korea and Japan. It discusses the political economy aspect of East Asian economic integration and describes the origins and processes of East Asian economic integration from the Flying Geese model to the numerous free trade arrangements involving the region.

Modern Asian economic history has often been written in terms of Western impact and Asia's response to it. This volume argues that the growth of intra-regional trade, migration, and capital and money flows was a crucial factor that determined the course of East Asian economic development. Twelve chapters are organized around three main themes. First, economic interactions between Japan and China were important in shaping the pattern of regional industrialization. Neither Japan nor China imported technology and organizations, and attempted to "catch up" with the West alone. Japan's industrialization took place, taking advantage of the Chinese merchant networks in Asia, while the Chinese competition was a critical factor in the Japanese technological and organizational "upgrading" in the interwar period. Second, the pattern of China's integration into the international economy was shaped by the growth of intra-Asian trade, migration, and capital flows and remittances. While the Western impact was largely confined to the littoral region of China, intra-Asian trade was more directly connected with China's internal market. Both the fall of the imperial monetary system and the rise of economic nationalism in the early twentieth century reflected increasing contacts with the Asian international economy. Third, a study of intra-Asian trade and migration helps us understand the nature of colonialism and the international climate of imperialism. In spite of the adverse political environment, East Asian merchant and migration networks exploited economic opportunities, taking advantage of colonial institutional arrangements and even political conflicts. They made a contribution to national and regional economic development in the politically more favourable environment after the Second World War, by providing the valuable expertise and entrepreneurship they had accumulated prewar. The character of the international order of Asia, governed by Western powers, especially Britain, but shared also by Japan for most of the period, was "imperialism of free trade", although it eventually collapsed by the late 1930s.

For almost fifty years Japan pursued a single-track approach focusing trade negotiation efforts exclusively on the global multilateral forum while shunning regionalism as harmful to the General Agreement on Trade and Tariffs/ World Trade Organisation system. However, following the tsunami disaster of March 2011 and widespread economic downturn Tokyo has engaged much more actively in pursuing bilateral Free-Trade Agreements (FTAs). This book explores the turnaround in Japanese strategy and trade policy. Drawing on case studies and including interviews with FTA policymakers within the government and key interest groups it focusses on the domestic political process of FTA and Trans-Pacific Partnership (TPP) negotiations to investigate the cause of the policy shift. This work will prove useful to students, scholars and policymakers interested in international political economy, Japanese trade policy, East Asian regionalism and the Trans-Pacific Partnership (TPP).