Publication

This paper addresses East Asian regional integration and explains how it has widened in two directions: from the Southeast Asia-based ASEAN context to "ASEAN+3," which includes China, Japan and South Korea, and from real sector integration to monetary integration. The author argues that trying to influence East Asian integration by pointing to EU experiences would not be fruitful given the fact that East Asia, if it continues to follow the ASEAN+3 concept, will become as inward-oriented as the EU. Yet, he considers that even under such disperse styles of integration in Europe and East Asia, globalization will induce East Asia to consider using most European ways of making integration and cooperation effective.