Regionalism: In Crisis?
The new regionalism has been one of the mega-trends in the global economy since the 1990s. The Eurocentrism of classic integration theories is a problem for analysing new regional organizations, which develop in fundamentally different background conditions. With the turn of the millennium, many regional organizations of the Global South faced increasing obstacles to further integration. The rise of regional powers in the Global South did not lead to a renewed rise of regionalism. Only East Asia was able to resist the trend in declining regionalism, and Association of Southeast Asian Nations (ASEAN) became the nucleus of further integration efforts. Today, regionalism is also challenged in the Global North, where the European Union (EU) is stalled in crisis, and where the Trump administration renegotiates North American Free Trade Agreement (NAFTA).
- Acharya, A. 2001. Constructing a Security Community in Southeast Asia. London: Routledge.Google Scholar
- Aspinwall, M.D., and G. Schneider. 2000. Same Menu, Separate Tables: The Institutionalist Turn in Political Science and the Study of European Integration. European Journal of Political Research 38: 1–36.Google Scholar
- Breslin, S., C.W. Huges, N. Phillips, and B. Rosamond, eds. 2002. New Regionalisms in the Global Political Economy: Theories and Cases. London: Routledge.Google Scholar
- Dür, A. 2007. Regionalism in the World Economy: Building Block or Stumbling Stone for Globalization? In Globalization: State of the Art and Perspectives, ed. S. Schirm. London: Routledge.Google Scholar
- Eden, L. 2007. Multinationals, Foreign Direct Investment and the New Regionalism in the Americas. Integration & Trade 11: 97–123.Google Scholar
- ———. 1975. The Obsolescence of Regional Integration Theory. Berkeley: Institute of International Studies, University of California.Google Scholar
- Irwin, D.A. 2017. The False Promise of Protectionism: Why Trump’s Trade Policy Could Backfire. Foreign Affairs 96: 45–56.Google Scholar
- Malamud, A. 2015. Interdependence, Leadership and Institutionalization: The Triple Deficit and Fading Prospects of Mercosur. In Limits to Regional Integration, ed. S. Dosenrode, 163–179. Farnham: Ashgate.Google Scholar
- Moravcsik, A. 1998. The Choice for Europe: Social Purpose and State Power from Messina to Maastricht. Ithaca: Cornell University Press.Google Scholar
- Saxton, J. 2003. Argentina’s Economic Crisis: Causes and Cures. Washington: Joint Economic Committee of the United States Congress.Google Scholar
- Schirm, S.A. 2002. Globalization and the New Regionalism: Global Markets, Domestic Politics and Regional Cooperation. Cambridge: Polity Press.Google Scholar
- Söderbaum, F. 2013. What’s Wrong with Regional Integration? The Problem of Eurocentrism. EUI Working Papers 64.Google Scholar