Economic Integration in Asia: Quo Vadis Malaysia?
16 Pages Posted: 26 Feb 2009
Date Written: February 25, 2009
Abstract
Neo-liberal globalization has accelerated the space of economic integration in Asia, particularly between the rising superpowers like China and India and other Asian nations. In this connection, the paper examines the degree of economic integration between Malaysia and the rapidly developing economies of China and India on the one hand and the United States and Japan on the other. This study shows that Malaysia is more integrated with China and India than with the United States and Japan. It is not that global integration is becoming less significant in Malaysia but that regional integration is becoming more deterministic.
Keywords: China and India, Asian economy, TYDL causality, economic integration
JEL Classification: F36, G14, G15
Suggested Citation: Suggested Citation
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