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Call for Papers on Economic Integration in Asia and Europe

Economic Integration in Asia and Europe
Asian Development Bank Institute

The Asian Development Bank Institute (ADBI) invites submissions of original unpublished papers on economic integration in Asia and Europe: how it evolved, where it is headed, what the two regions have in common, and what their differences are. Selected papers will be presented at a seminar to be held in an ADB member country. Participation costs will be covered for one presenter of each accepted paper. The presenter must be a citizen of an ADB member country.

Some papers will be published in a book or special journal issue, which will highlight economic integration trends and why they are happening. Asia and Europe have taken different paths. Except for the Association of Southeast Asian Nations (ASEAN), Asia has chosen loose economic cooperation based on free trade agreements. ASEAN has created a common market, which is the third level of economic integration. Europe has already reached the highest level of economic integration: the European Union (EU) represents the third level, and the single currency and the European Central Bank the fourth. The publication will analyze the processes of economic integration, their impact on and risks posed to economic growth strategies, and statistical databases in Asia and Europe. The objective is to provide lessons learned and recommend policies for the rest of the world.

Papers may deal with, but not be limited, to the following:

  • Why Asia and Europe embarked on regional economic integration
  • How Asia and Europe differed in their approaches to economic integration, based on regionalism and regionalization
  • Role of supranational institutions in regional economic integration
  • Creation and evolution of the European Monetary Union
  • Creation of a monetary union by setting up a common central bank
  • Fiscal union and a common government bond market
  • Banking failure and deposit insurance systems in integrated economies
  • How successful multilateral currency swap arrangements such as the Chiang Mai Initiative in Asia and the banking union in the EU stabilized regional financial markets
  • De-integration (e.g., Brexit) in the EU and the possibility of it happening in ASEAN

Working title of the book: Economic Integration: Should Asia Follow Europe or Create Its Own Model?


  • Naoyuki Yoshino. Dean, Asian Development Bank Institute (ADBI); Professor Emeritus, Keio University, Japan
  • Chul Ju Kim. Deputy Dean (Capacity Building and Training and Special Activities), ADBI
  • Farhad Taghizadeh-Hesary. Assistant Professor, Faculty of Political Science and Economics, Waseda University, Japan
  • Sang Chul Park. Full Professor, Korea Polytechnic University, Republic of Korea


Abstracts (300 words) must be submitted no later than 30 December 2018 as a Word document containing a title, name, and affiliation of the author(s), contact information, and appropriate fields (JEL classifications). However, early applications with a full paper are preferred. Only papers written in English will be considered. Authors of selected papers will be notified by 30 January 2019 or earlier. A full draft paper should be submitted by 30 March 2019. (Date and place of seminar will be announced later.)

Submissions with brief author bios (including key and/or relevant publications, if any) should be e-mailed to [email protected]