Asan Plenum

Session: Session 3 / Regency Room
Date/Time: April 22, 2014 / 16:00-17:15

Choi Byung Il, Ewha Womans University

J. James Kim, The Asan Institute for Policy Studies
Lee Chang Jae, Korea Institute for International Economic Policy
Shen Minghui, Chinese Academy of Social Sciences
Terada Takashi, Doshisha University

Panel Description
Despite the ever-increasing number of free trade agreements between East Asian countries, an overarching regional economic framework has remained elusive. Regional economic integration does not operate in a void but is subject to constantly shifting dynamics among Asia’s major powers. Even as sustained economic growth across the region has raised living standards, the United States-led Trans-Pacific Partnership (TPP) and ASEAN-led Regional Comprehensive Economic Partnership (RCEP) provide competing movements toward deeper integration. Will regional economic integration succumb to growing Sino-American and Sino-Japanese competition, or is a new Asian economic order still possible?