Japan’s Role in East Asian Economic Regionalism
Keywords:
Japan, Regional Economic Integration, East Asian Regionalism, Leader, Economic GrowthAbstract
The processes of regional economic integration in East Asia has its own characteristics because unlike in Europe, enterprises here play a very important role. Regionalism is also underway in East Asia, in particular in Japan. This study aims to analyse and evaluate the role played by Japan in the development of East Asian regionalism at various stages since the mid-1980s. The authors will also attempt to find out if Japan will emerge as a leader of East Asian regionalism in the future. The study adopted critical review of relevant literature, descriptive and inference methods to achieve its objective. Additionally, analysis of statistical data is used to support main findings which show that Japan has never been a key in shaping East Asian regionalism, except some attempts in the period directly after the Asian financial crisis. Therefore, the findings further suggest for Japan to achieve this leadership role in the near future is limited.
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