Asian Economic Integration Essay by The Research Group

Asian Economic Integration
Examines definition, purposes, goals, ASEAN model, economic theory, problems and recommendations.
# 14508 | 1,575 words | 6 sources | 1999 | US
Published on Jul 20, 2003 in Economics (International) , Asian Studies (General)


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Description:

Examines definition, purposes, goals, ASEAN model, economic theory, problems and recommendations.

From the Paper:

"ASIAN ECONOMIC INTEGRATION

There are many conceptual definitions of "economic integration" and the one chosen for this paper is that economic integration occurs when nationalistic concerns of an economy are set aside to integrate the economy more fully into the world economy.

Such a definition implies and confirms that the world has become so global that individual nations can no longer be allowed to maintain independent economic activities without consideration of the impact of those activities on other nations. This attitude was well expressed by Thai Deputy Foreign Minister Sukhumbhand Paribatra at a recent meeting of the annual East Asia Economic Summit: "East Asia and Southeast Asia must reject the temptation to seek individual salvation, because none of us can ..."

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