Introduction
East Asia has already become the most dynamic region in the world during the last decade. The United States has been suffering from the 2008 financial crisis created by its own mismanaged financial sector, and only recently did the Federal Reserve decide to start slowing down the quantitative easing, demonstrating a slightly positive economic prospective. The Europe, which has already fully integrated itself and with the United States economically, collapsed right after the financial crisis not only because of its vast amount of investment in the US security market, but also because of its sovereign debt crisis in some of its member states. However, countries in East Asia remained robust and served as the growth engine of the world in the last few years. One of the major problems that East Asia is facing today is the lack of regionalism that resembles the NAFTA and the European Union. Nevertheless, the Cold War, the Asian financial crisis, and 9/11 terrorist attack have been very influential factors that stimulate the regionalism of East Asia.
This paper first assesses existing Asian institutions. The existing Asian institutions are quite inefficient in terms of the lack of enforcement and implementation power due to the divergence of economic and political interests of member countries. The second section analyzes reasons why there has not been an ultimate East Asian regionalism. It is mainly because of the United States’ ambition of better controlling and to maximizing its interests in Asia and the Pacific region and the internal tensions among East Asian countries that East Asian regionalism has failed to take shape. The third section seeks a theoretical possibility for the establishment of East Asian regionalism...
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... and under negotiation, for instance, ASEAN-China Free Trade Area (ACFTA), Japan-South Korea FTA, and the Economic Cooperation Framework Agreement (ECFA), a quasi-FTA between Taiwan and Mainland China. It is more evident recently when China, Japan, and South Korea started negotiating trilateral FTA in the midst of territorial dispute, the issue of comfort women and Japan’s rewriting of middle school history book. The shared economic interests and the growing economic interdependence are now serving as strong incentives for East Asia regionalism. Once such an economic cooperation-based East Asian regionalism is established, it will with no doubt further promote political trust and regional stability. Therefore, as Cho argues, “economic interdependence and integration mute regional power struggles” (18), and East Asian regionalism will more likely to start from here.
The East Asians, mostly China and Japan, both were trying to become or stay a great power, and did it different ways. Japan tried to isolate themselves by only allowing limited contact and no spreading of Christianity, as was talked about in document sixteen. China tried to keep up with them by using a strong legal system as was mentioned in document six, and government set up like the monarchs of Europe, in that the power is passed from father to son, as seen in document five.
Germany, Great Britain, France, Italy, Japan, and Russia all claimed sole trading points to their selected “spheres of influence.” Some of these countries’ even claimed that the territory that lay within their spheres was their own. With the United States’ recent acquisition of the Philippines, they too were now an Asian power just 400 miles away from Mainland China. This closeness resulted in American businesses hoping to take advantage of China’s tremendous resources. The various spheres of influence, however, challenged their ambitions.
In today's globalized economies, virtually every country in the world belongs to some form of regional integrated trade organization whether by direct membership, bilateral or multilateral agreement. Regional integration is a process by which sovereign states in a particular region enter into an agreement to promote economic growth through the reduction of barriers to trade restrictions and safeguard common interests such as the environment. The removal of trade barriers results in a free trade zone thus creating a single market. Sovereign nations have many differences, some may be more economically sound and others may have a greater labor force or better technology. In the end, all regional nations must find a method to work together for the common good of all parties. The development of the North American Free Trade Agreement (NAFTA) was to solidify the nations occupying the North American continent, Canada, the United States (U.S.) and Mexico. Many proponents question the success of NAFTA for these nations. This essay will examine the advantages and disadvantages of regional integration and the regional economic development of these nations as members of NAFTA.
In the middle of the 19th century, despite a few similarities between the initial responses of China and Japan to the West, they later diverged; which ultimately affected and influenced the modernizing development of both countries. At first, both of the Asian nations rejected the ideas which the West had brought upon them, and therefore went through a time period of self-imposed isolation. However, the demands that were soon set by Western imperialism forced them, though in different ways, to reconsider. And, by the end of the 19th century both China and Japan had introduced ‘westernizing’ reforms. China’s aim was to use modern means to retain and preserve their traditional Confucian culture. Whereas Japan, on the other hand, began to successfully mimic Western technology as it pursued modernization, and thus underwent an astounding social upheaval. Hence, by the year 1920, Japan was recognized as one of the world’s superpowers, whereas China was on the edge of anarchy.
The Asian American history is the history of the ethnic and racial groups in the United States who are of Asian descent. Spickard (2007) shows that the "'Asian American' was an idea created in the 1960s to bring together the Chinese, Japanese, and Filipino Americans for a strategic and political purposes.
Post-Cold War Asia has been witness to a China that increasingly focuses its foreign policy on its neighbors rather than on a regional or global context. This stems from China's realization that free markets have triumphed over centrally planned economies and that a world revolution is not going to happen. This has two implications. One, China no longer needs to divert resources to involve itself in global politics since the proletarian revolution is not going to take place. Second, China needs to embark on a program of economic development and modernization (F. Wang p. 32 and J. Wang p. 80).
The end of the Cold War brought a dramatic turn in the world history. The collapse of bipolar balance brought the need to normalize poor diplomatic relations and also to reassure and mature pre-existing strong diplomatic ties between states. Japan was certainly not an exception to this need. The importance of playing a lager role in regional and global security as a way of ensuring its security interests grew in Japan as the proceeding balance of power, or pre-existing security, became unreliable to her. Indeed, she initiated the regional security entity called the ASEAN Regional Forum (ARF) to strengthen Asia-Pacific security. But why did Japan take the role to propose such an institution? What is Japan’s stake in this regional security entity? Why is the entity based on multilateralism? And finally, how much can the ARF achieve to strengthen Asia security?
Stewart Gordon is an expert historian who specializes in Asian history. He is a Senior Research Scholar at the Center for South Asian Studies at the University of Michigan and has authored three different books on Asia. Gordon’s When Asia Was The World uses the narratives of several different men to explore The Golden Age of medieval Asia. The fact that this book is based on the travels and experiences of the everyday lives of real people gives the reader a feeling of actually experiencing the history. Gordon’s work reveals to the reader that while the Europeans were trapped in the dark ages, Asia was prosperous, bursting with culture, and widely connected by trade. This book serves to teach readers about the varieties of cultures, social practices, and religions that sprang from and spread out from ancient Asia itself and shows just how far Asia was ahead of the rest of the world
Since the end of the Second World War, the shape of the relations between the nations in the Pacific region has stayed more or less the same way until the present. However, there has been one big changed that affected the situation in the Pacific region and it was the outbreak of the Korean war and the creation of a Communist North Korea. This brought a huge inevitable change in relations between countries in the region. The stability that was brought about with the end of the Second World War disappeared and a new type of tension appeared. This especially affected the relations between the Korea and Japan to a great extent. In the past few years, the two countries have been seeking cooperation for the common aim of keeping the security in the Pacific region but things did not always work out fine due to many reasons including the historic background of two countries. In this paper, the historical background, the chronology of main events, the development of the relations and the current situation regarding the security and cultural issues, between Korea and Japan will be examined and analysed, which will be followed by a conclusion.
Abstract: Since the end of the Cold War, the United States has been the world’s only unquestioned superpower. How the United States evaluates its position as global hegemon has important consequences for American foreign policy, particularly with regards to the potential for future policy constraints. Thus, this paper seeks to consider the question: How durable is American hegemony? The paper first defines the state of American hegemony and then considers the primary challengers: Europe, Russia, China, Japan and imperial overstretch. It will conclude that in the long-term, East Asian geopolitical instability poses the greatest threat to American hegemony, but that in the short-term, the hegemony will prove to be quite durable as long as the United States can counteract the phenomenon of imperial overstretch. In order to diffuse both internal and international threats to hegemony, American leaders should work to pursue national interests within a framework of consensus and legitimacy as much as possible.
Imperialism has not only influenced colonial territories to better themselves or to further the mother country’s realm of power, it also had a significant impact on the people’s culture, education, environment, and political systems. Japan and Britain were two imperial systems that countered each other in many facets but also had strikingly similar qualities that had helped them become strong imperial powers that needed one another to continue their position amongst others.
From the 1970s, there has been a wave of liberalization in China, which was introduced by Deng Xiaoping. This is one of the key reasons to the rise of China to be one of the economic giants in the world. In the last 25 years of the century, the Chinese economy has had massive economic growth, which has been 9.5 percent on a yearly basis. This has been of great significance of the country since it quadrupled the gross domestic product (GDP) of the country thus leading to saving of 400 million of their citizens from the threats of poverty. In the late 1970s, China was ranked twentieth in terms of trade volumes in the whole world as well as being predicted to be the world’s top nation concerning trading activities (Kaplan, 53). This further predicted the country to record the highest GDP growth in the whole world.
Given these sets of circumstances, china, Taiwan and United States have much to gain and even more to lose if an armed conflict erupts in the Taiwan Strait. All three countries have political, economic, and national security issues involved and united states and china are both in competition economic...
The 21st Century has witnessed Asia’s rapid ascent to economic prosperity. As economic gravity shifts from the Western world to the Asian region, the “tyranny of distance [between states, will be] … replaced by the prospects of proximity” in transnational economic, scientific, political, technological, and social develop relationships (Australian Government, 1). Japan and China are the region’s key business exchange partners. Therefore these countries are under obligation to steer the region through the Asian Century by committing to these relationships and as a result create business networks, boost economic performance, and consequently necessitate the adjustment of business processes and resources in order to accommodate each country’s
An area in which East Asia is investing much of its GDP is in physical