This volume brings together the findings of an independent research project conducted between 1991 and 1993 under the auspices of the Ushiba Memorial Foundation. Twelve experts from nine countries studied the changes in economic interaction within East Asia in the face of a volatile political climate.
Following an overview of political and economic situations in East Asian countries, an examination of economic relations in and around each country, region, and ASEAN, the volume discusses commodity trade, trade in technology, direct investment, financial flow, and migration of the labor force. Particular emphasis is placed on the future of the Indochinese economy, the future of the Korean peninsula, the Hong Kong and Taiwan issues, and the Russian Far East. Common concerns are also expressed regarding the implications of the North American Free Trade Agreement and an integrated European Community to East Asia and the prospects for the integration of East Asian mixed economies, i.e., reformed socialist systems and capitalist systems with government guidance. Includes 64 tables and seven figures, notes, references, and an index.