Part 1 Asia Pacific regionalism - the issues, Ross Garnaut and Peter Drysdale. Part 2 Some developments in the theory of regionalism: worldwide regional integration - is there an optimal size of the integrated area?, Richard Cooper; trade intensities and the analysis of bilateral trade-flows in a many-country world - a survey, P. Drysdale and R. Garnaut; international economic pluralism, P. Drysdale; principles of Pacific economic integration, P. Drysdale and R. Garnaut; the impact of transaction costs on trade flows in the Asia Pacific, Torsten Amelung. Part 3 The context of Asia Pacific regionalism: Pacific economic co-operation - the history of an idea, Hadi Soesastro; anatomy of regionalism, H.W. Arndt; origins of the Pacific community - summary proceedings, Pacific Community Seminar; the East Asian trading bloc - an analytical history, Peter A. Petri; is world trade becoming more regionalized?, Kym Anderson and Hege Norheim. Part 4 Regionalism and multilateralism: regionalism and miltilateralism - an overview, Jadish Bhagwati; regionalism versus multilateralism - analytical notes, Paul Krugman; globalism and regionalism - complements or competitors?, Soogil Young; regionalism and the world trading system, Lawrence H. Summers. Part 5 The idea of open regionalism: on Pacific economic integration, Ippei Yamazawa; trade policy options for the Asia Pacific region in the 1990s - the potential of open regionalism, Andrew Elek; APEC and the world economy - a force for worldwide liberalization, C. Fred Bergsten. Part 6 An East Asian bloc?: is Japan creating a yen bloc in East Asia and the Pacific?, Jeffrey A. Frankel; trading blocs and East Asia, Gary R. Saxonhouse; changing patterns of direct investment and the implications for trade and development, Shujiro Urata. Part 7 Regionalism in the Americas: implications of NAFTA for US trade policy in the Pacific Basin, Jeffrey J. Schott and Gary C. Hufbauer; is the United States bowing out of Asia?, Peter A. Petri. Part 8 South-East Asian regionalism: the ASEAN free-trade area - the search for a common prosperity, Lee Tsao Yuan; the political economy of the ASEAN free-trade area, Narongchai Akrasanee and David Stifel. Part 9 Australia and New Zealand - CER regionalism: the future of the CER Agreement - a single market for Australia and New Zealand, P.J. Lloyd. Part 10 Sub-regionalism in the Asia Pacific: sub-regional economic zones in South-East Asia, Chia Siow Yue and Lee Tsao Yuan; the economic integration of Hong Kong, Taiwan and South Korea with the mainland of China, Yun-Wing Sung; prospects of trade expansion in the SAARC region, Mangat Ram Aggarwal and Posh Raj Pandey. Part 11 China - the region's emerging giant: China's reform in international context, R. Garnaut.
Edward K.Y. Chen is director of the Centre of Asian Studies at the University of Hong Kong. Peter Drysdale is executive director of the Australia-Japan Research Centre at the Australian National University.