Publisher's Synopsis
The political and economic landscape in Asia and Europe has changed dramatically in the 1990s. While Europe is in the final stages of regional integration, creating a common currency for 11 members of the European Union in 1999, many Asian developing countries grapple with the daunting task of putting their economies on a sound footing in the wake of the currency, financial and economic crises that unfolded in July 1997. At the end of 1998 the economic performance of many Asian economies improved, partly due to foreign financial assistance and increased exports to the US and Europe. But the future of Asia-European relations remains uncertain, depending crucially on the speed of economic recovery in Asia and the sustainability of deeper and wider integration in Europe.;This work discusses trade, investment, financial and other pertinent policy issues in the context of Asia-European relations, and their implications for regional and international economic co-operation in the 21st century. Topics include the likely effect of China's entry into the World Trade Organization; the changing patterns of interdependence between Europe and Asia; EU-Japan trade policy issues; and the implications for Asia of increased European economic integration. This is a follow-on volume to "Asia and Europe: Beyond Competing Regionalism".
