The paper discusses the relevance of past concerns about trade and foreign direct investment diversion to the detriment of Asian suppliers and hosts as a result of EU integration deepening and widening in the nineties. Based on recent empirical evidence, these concerns are rejected. As concerns...

The paper discusses similarities and differences between past EU binding internal liberalization "across the board" in the industrial sector and present so-called voluntary sectoral liberalization of member states of the Asia-Pacific Economic Cooperation (APEC). While both approaches are...

In this paper, we analyse effects of EU integration on Asian countries. Since the early 1990s, it is especially the trade creation effect of monetary integration (so-called Rose effect) which is heavily debated in the literature. Recent papers seem to indicate that the Rose effect seems to be...

The US and China have launched attacks upon the coherence of the Association of Southeast Asian Nations (ASEAN) and the European Union (EU) by offering individual member states privileges if they depart from common policies of the two integration schemes. The article describes the motivation...