ABSTRACT

This chapter outlines the emergence of new attempts at economic integration and regionalism in Northeast Asia. One of the most striking features of global political-economic geography is the shift in countries' traditional policy orientation based on market-driven multilateralism. With a growing interest in institutional economic integration, East Asia overshadowed Northeast Asia and has become the main context of regional economic integration. Further development of China, Japan and Korea (CJK) integration is possible, but it is premature to expect that China, Japan and Korea's political and economic systems are soon to be homogenized. This will certainly require joint political commitment from the governments of all three countries and the political leadership to realize the regional integration is the key development to ensure economic prosperity and political stability. The chapter also presents some closing thoughts on the key concepts discussed in the preceding chapters of this book.