1East Asia has become one of the most promising and dynamically developing regions in the world due to the rapid growth of economies, the rapid entry of East Asian multinational corporations into the global market and the increase in their competitiveness. As in the rest of the world, the development of the modern economy is accompanied by the strengthening of integration processes. At the same time, in East Asia, especially in South-East Asia (SE), along with such "classical" processes, regional cooperation is actively developing, aimed at bringing the countries of the region closer together in order to achieve common goals. If the "classical" type of integration involves countries going through the main stages of forming a single integration association in accordance with the concept of B. Balasha* (from the creation of a free trade zone to an economic union), then regional cooperation involves signing agreements between individual countries (on a bilateral or multilateral basis) and extends to specific spheres or sectors of the economy. Cooperation between countries in this case can be achieved by reducing barriers to cross-border economic operations, producing regional public goods, in particular, developing cross-border transport infrastructure or solving environmental problems, etc. 2 Over the past 20 years, a number of associations have been established in East Asia, driven by the Association of Southeast Asian Nations (ASEAN), which includes 10 States**. There are 3 main scenarios for the development of integration processes in East Asia: ASEAN+1 (Association agreements with individual states); ASEAN+3 (with the "troika" - China, Japan and the Republic of Korea) - 13 states, as well as ASEAN+6, or the East Asia Summit, aimed at creating an East Asian Community. Initially, the East Asia Summit brought together 16 countries: the ASEAN " ten " and China, Japan, the Republic of Korea, India, Australia and New Zealand. Since 2011, the number of its members has in ... Read more

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Full version: https://elibrary.org.uk/m/articles/view/EAST-ASIA-IN-SEARCH-OF-INTEGRATION
India Online · 349 days ago 0 271
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India Online
Delhi, India
03.08.2023 (349 days ago)
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