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Cross-Border Governance in Asia

Regional Issues and Mechanisms

image of Cross-Border Governance in Asia
Rapid globalization has led to increased flows of capital, services, ideas, information and people between countries. Problems that face one nation often have a rippling impact throughout the region and globally. This growing list of cross-border challenges cannot be resolved by isolated policy action at the national or sub-national level. It is essential to forge cross-border strategic alliances and develop consolidated approaches through regional platforms for dialogue and mechanisms for action. This book discusses regional governance mechanisms and institutional arrangements to respond to emerging cross-border issues and trends in Asia and the Pacific.

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Trade promotion in Asia: Issues and emerging trends

The US-European financial meltdown and resultant global recession of 2008–2009 have many implications for global trade as worldwide production and flows of goods have slumped in both developed and developing countries. When confronted by such conditions, it is relatively easy to forget that trade promotion has been essential to the successful advancement of many developing economies in recent decades. As protectionist pressures mount and people begin losing faith in globalization (Stevenson 2009), policymakers should remember those benchmarking cases and sound theories that have supported the opening of global trade thus far.

English

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