China's omni-directional diplomacy: realignment to cope with monopolar U.S. power

Article Abstract:

China has pursued 'zhoubian' or circumference diplomacy and defense modernization in reaction to the collapse of the Soviet Union. Cognizant of the monopolar US power, China strengthened its relations with the US and in so doing, successfully achieved the most favored nation status. However, its application for membership in the WTO will remain a complicated issue. Moreover, China is unlikely to use circumference diplomacy in dealing with Taiwan and Hong Kong.

China

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The evolution of preventive diplomacy in the ASEAN regional forum: Problems and prospects

Article Abstract:

The processes behind the evolution of preventive diplomacy in the Association of South East Asian Nations (ASEAN) Regional Forum are examined. The forum's potential to establish meaningful preventive diplomacy mechanism is likely to remain highly limited unless it depart from the rules of the ASEAN way of institution building and this departure can be said to be the prerequisite to increase the momentum of security institution building in the region.

Conferences, meetings and seminars, Association of Southeast Asian Nations

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PREVENTING FINANCIAL CRISES IN EAST ASIA

Article Abstract:

The need to establish a stronger financial infrastructure in East Asia has been demonstrated by the recent financial crises in the region. Topics discussed include capital flows in developing economies, exchange rate risk, the International Monetary Fund's role, and financial sector problems.

International Monetary Fund, Finance, Asia, East Asia, International finance

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