The Organizational Architecture of the Asia-Pacific: Insights from the New Institutionalism
Haggard, Stephan | January 2011
Abstract
This paper surveys recent literature on the design of international institutions and applies
the insights from it to the prospects for regional economic cooperation in the Asia and
the Pacific. The political and economic heterogeneity of the region has served the
process of regional economic integration. But this heterogeneity has limited the extent of
institutional development and contributed to well-known features of it, including a
proliferation of competing institutions, consensus decision making, "shallow"
cooperation, and limited delegation to standing international secretariats. Changes in
voting rules could, in principle, change these outcomes but are not likely to arise.
Deepening cooperation will come, rather, from marginal changes in the extent of
delegation. Several proposals are suggested about how this might occur, including more
independent sources of information on regional trends, enhanced dispute settlement,
and common projects that involve more extensive transfers from richer to poorer
members.
Citation
Haggard, Stephan. 2011. The Organizational Architecture of the Asia-Pacific: Insights from the New Institutionalism. © Asian Development Bank. http://hdl.handle.net/11540/2048. License: CC BY 3.0 IGO.Keywords
Trade Facilitation
Trade
Economic integration
Regional Economic Integration
Free Trade
Trade Agreements
Trade Policy
Economic Development
Economics
International Economics
Economic planning
Economic structure
Growth policy
Trade relations
Trade policy
Trade policy
Economic development
Regional economics
Economic forecasting
Economic development projects
Success in business
Business
Free trade
Business
Economics
Show allCollapse