Purpose

This symposium will shed light on the responses of Asian and European countries to the negative side-effects of the global financial crisis and analyze their attempts to strengthen regional integration and global cooperation.

Background

The global financial crisis has demonstrated once more the deficiencies of the existing international organizations for trade and finance such as the Bretton Woods institutions and the WTO. Confronted with the negative spill-overs of the global crisis, emerging economies have reiterated their call for a reform of the global trade and financial architecture.

Simultaneously, through setting up new regional and global institutions for trade and finance both Asian and Western countries have tried to strengthen their competitive advantages. This has triggered new threat perceptions and security spirals. Did the global financial crisis lead to increased regional and global cooperation or did it trigger fragmentation?

This symposium will shed light on the responses of Asian and European countries to the negative side-effects of the crisis and analyze their attempts to strengthen regional integration and global cooperation. It will focus on the bargaining processes concerning new free trade agreements between Europe and Asia as well as between Europe and the US. In addition, it will examine new trends of regional integration within Europe and Asia looking at trade and financial agreements, as well as the political implications of shifts in monetary and financial power on the regional and global level.

Objectives

This symposium will bring together leading international scholars, policy makers, and representatives from Germany and Japan and four key themes will be discussed during the conference:

  • Post-Crises Institution Building in Asia and Europe – A Political Science Perspective: Drivers of Financial Integration in Asia – Comparing Perceptions on National Initiatives
  • New Approaches to Financial Integration in Asia and Europe: The European Banking Union: A New Step Toward Deeper Financial Integration in Europe
  • New Approaches to Monetary Cooperation and Integration in Asia and Europe: Regional Swap Agreements and Currency Competition in Asia
  • New Institutions of Regional Trade and Investment: Restructuring the World Order of Trade and Investment – How Asia can Influence the Post-Crisis Institution Building

Participants

Scholars, researchers, including those from think thanks, experts from government agencies, as well as people from public and private organizations and postgraduate students.

Output

The conference will present an excellent opportunity to showcase ADBI’s research.

Language

English and Japanese (Simultaneous Interpretation will be provided)

Partners

Japanese-Deutsches Zentrum Berlin (JDZB) and the German Institute of Global and Area Studies (GIGA)

Time of event

10:00 – 17:25

Event Contact