Routledge - The Global Economic Crisis and East Asian Regionalism

Explore the evolution of regional cooperation in East Asia through this academic study from Routledge. This book examines how cooperation mechanisms developed rapidly following the Asian Financial Crisis, covering essential areas such as emergency liquidity mechanisms in finance, the growth of free trade agreements, and policy coordination regarding public health and the environment. As the global financial crisis emerged a decade later, it provided a new opportunity for these nascent regional mechanisms to gain depth. This text analyzes these shifts within a changing landscape, specifically addressing the impact of the rise of China on inter-state cooperation. Readers will gain a better understanding of how regional frameworks adapt to global economic shifts and changing power dynamics in the East Asian region.