Peril and hope for Asia’s economic integration

The connection between economic integration and political security has long attracted attention.

Integration through intensive trade and investment relations has led to greater interdependence and made conflict more costly, helping states to maintain peace and stability. But interdependence can also increase the risk that geopolitical tensions might turn into open conflict.

The situation in East Asia and the Pacific resembles the first case. The last open conflict in Southeast Asia took place in 1979 with China’s invasion of Vietnam. Despite its deep security and geopolitical fissures, Northeast Asia has been free of open conflict since the Korean armistice was signed in 1953. This peace has been built through greater trade and investment relations among economies throughout the region.


Business Asia
the authorBusiness Asia

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