Governance and Economic Integration: Stakes for Asia

Robert F. Owen
JEL codes: 
ADBI Working Paper Series

This paper assesses the nexus between changes in governance structures—at national and cooperative international levels—and evolutionary processes of economic integration in light of regional policy targets in Asia. The analysis highlights the importance of improved governance as an essential condition for effectively attaining an “Asian Economic Community” while arguing that the experience of the European Union (EU) offers valuable insights regarding the process of integration.