INSEAD Library

Includes bibliographical references and index

Digitized

Asia's New Institutional Architecture Evolving Structures for Managing Trade, Financial, and Security Relations Contents Preface.........................................................................................................v Contributors............................................................................................... xiii Abbreviations..............................................................................................xv 1. Asia's New Institutional Architecture: Evolving Structures for Managing Trade, Financial, and Security Relations.......................... 1 VINOD K. AGGARWAL AND MIN GYO KOO 1.1 Introduction ......................................................................................1 1.2 Traditional and Emerging Institutional Balances in Asia.................3 1.3 Modes of Economic and Security Governance in Asia.................... 7 1.4 Analyzing Asia's Institutional Architecture......................................14 1.5 Overview of the Book.......................................................................25 1.6 Conclusion........................................................................................ 30 2. Asia's New Economic Institutions.........................................................35 JOHN RAVENHILL 2.1 Introduction.......................................................................................35 2.2 Turning Points: Overcoming the Cold War Divide.......................... 36 2.3 Turning Points: The Financial Crises of 1997-98.............................38 2.4 The 9/11 Attacks and Asian Economic Institutions......................... 47 2.5 The Rise of China............................................................................. 48 2.6 Extending the Region to South Asia.................................................52 2.7 Making Sense of Asia's New Institutional Architecture...................54 3. Building Asian Security Institutions Under the Triple Shocks: Competitive, Complementary or Juxtaposed?.................................... 59 KEIICHI TSUNEKAWA 3.1 Changing Threats and Changing Institutions....................................59 3.2 Asian Security Institutions in the Cold War Era.............................. 62 3.3 Asian Security Institutions in the Post-"Triple Shocks" Period....... 65 3.4 The Future of Asia's Institutional Architecture for Security............ 83 4. Regional Arrangements for Trade in Northeast Asia: Cooperation and Competition between China and Japan....................................... 89 MIE OBA 4.1 Introduction........................................................................................89 4.2 Northeast Asia's Cold War Institutional Equilibrium in Trade......... 90 4.3 Negotiating New Trade Arrangements in the Post-"Triple Shocks" Period.................................................................................. 92 4.4 Conclusion....................................................................................... 114 5. Security Institutions in Northeast Asia: Multilateral Responses to Structural Changes.............................................................................. 121 MIN YE 5.1 Introduction......................................................................................121 5.2 An Overview of Northeast Asian Security...................................... 122 5.3 The Cold War Legacy: The Korean War and the San Francisco System............................................................................................. 124 5.4 The Post-"Triple Shocks" Period: Regional Shocks and Northeast Asian Security Institutions.............................................................. 129 5.5 Future Scenarios for Northeast Asian Security............................... 145 5.6 Conclusion....................................................................................... 148 6. Southeast Asia's New Institutional Architecture for Cooperation in Trade and Finance............................................................................... 151 HELEN E.S. NESADURAI 6.1 Introduction......................................................................................151 6.2 Southeast Asia and Regional Economic Cooperation in the 1970s and 1980s.............................................................................. 155 6.3 New Regional Cooperation Schemes in the 1990s: APEC, AFTA and APT............................................................................... 158 6.4 Implications of Southeast Asia's New Institutional Arrangements................................................................................... 173 6.5 Conclusion....................................................................................... 176 7. Southeast Asia's New Security Institutions....................................... 181 RALF EMMERS 7.1 Introduction......................................................................................181 7.2 The Cold War Institutional Equilibrium in Security....................... 183 7.3 New Security Arrangements in the Post-"Triple Shocks" Period .. 190 7.4 Future Scenarios for Southeast Asian Security............................... 205 7.5 Conclusions and Implications.......................................................... 209 8. India's Shifting Trade Policy: South Asia and Beyond................... 215 VINOD K. AGGARWAL AND RAHUL MUKHERJI 8.1 Introduction..................................................................................... 215 8.2 The Cold War Security and Economic Environment......................216 8.3 The Evolution of India's External Economic Policies in the Post-Cold War Era..........................................................................222 8.4 The Future of India's Trade Policy: Scenarios................................ 249 8.5 Conclusion.......................................................................................252 9. The Evolution of Post-Cold War Regional Security Institutions in South Asia............................................................................................ 259 ESWARAN SRIDHARAN 9.1 Introduction..................................................................................... 259 9.2 The Cold War Security Architecture in South Asia........................264 9.3 Negotiating New Security Arrangements in the Post-"Triple Shocks" Period................................................................................267 9.4 Scenario Analysis for Regional Security Arrangements in South Asia.......................................................................................282 9.5 Conclusions and Implications......................................................... 284 10. The Past, Present, and Future of Asia's Institutional Architecture.......................................................................................289 VINOD K. AGGARWAL AND MIN GYO KOO 10.1 Introduction................................................................................... 289 10.2 Evaluating an Institutional Bargaining Game Approach to Explaining Asian Institutional Change........................................ 291 10.3 The Evolution of Economic and Security Institutions in Asia .....294 10.4 Subregional Developments........................................................... 296 10.5 The Nexus between Trade and Security........................................302 10.6 The Future of Asia's New Institutional Architecture.................... 304 Index......................................................................................................... 309