Cross Regional Trade Agreements: Understanding Permeated Regionalism in East Asia (The Political Economy of the Asia Pacific),New

Cross Regional Trade Agreements: Understanding Permeated Regionalism in East Asia (The Political Economy of the Asia Pacific),New

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An unacknowledged key feature of East Asian FTA diplomacy is the region's active crossregional preferential trading relations. In sharp contrast to the Americas and Europe, where crossregional initiatives gained strength after the consolidation of regional trade integration, East Asian governments negotiate trade deals with partners outside of their region at an early stage in their FTA policies. The book asks three main questions: Are there regional factors in East Asia encouraging countries to explore crossregionalism early on? What are the most important criteria behind the crossregional partner selection? How do crossregional FTSs (CRTAs) influence their intraregional trade initiatives? Through detailed country case studies from China, Japan, South Korea, Singapore, Thailand and Malaysia, we show the ways in which these governments seek to leverage their CRTAs in the pursuit of intraregional trade integration objectives, a process that yields a much more permeated regionalism.

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