This is the sixth volume in the series on research in Asian economic studies. This volume takes as its main theme the idea of economic regionalization in this area and develops it in a series of essays.

Part 1 Asia-Pacific regional economic regionalisation: economic regionalisation in the Asia-Pacific - macro-economic core and microeconomic optimisation, M. Dutta; regionalisation in Europe and East Asia - differences and consequences, Detlef Lorenz; China and India in the Asian-Pacific economic community, George Rosen; convergence and cohesion within the ASEAN 4, David Jay Green; the asean free trade area plan and intra regional trade in developing Asia, Dean A. DeRosa; economic regionalism in the Asian and Pacific region - trends, challenges and prospects, Chee Peng Lim; towards economic integration of China's mainland with Taiwan, Hong Kong and Macao, Yao Tinggang. Part 2 Micro impacts/finance/investment/service sector/technology: micro impacts of macro adjustment policies - the Philippine case, Gilberto M. Llanto; cooperation in finance in Asia - the case study of capital flow between Japan and Thailand, Masumi Kishi; investment-led regionalism and trade liberalisation - the ASEAN perspective, Linda Low; Japanese service enter-prises and Asian economic interdependence, Yoko Sazanami; technology and trade friction in economic development - cases of Japanese industries, Michiko Ikeda; saving in southeast Asia - sources, rate and contribution to growth, Richard Hooley; foreign trade liberalisation in South Korea - lessons for China, Xiaoxuan Liu; Brunei Darussalam - the state of the economy, Hajjah Rosni Haji Tungkat; Thailand's trade in services in the Asia Pacific region, Suthiphand Chirathivat; trade in manufactured goods - prospective gains for Thailand in Asia-Pacific economic cooperation, Paitoon Wiboonchutikula. Part 3 Regionalisation in south Asia: the prospect of a trading block in South Asia, ADV de S. Indraratna; issues in trade cooperation in South Asia - a Bangladesh perspective, Sadrel Reza; trading arrangements and policy option - the case of Nepal, Meena Acharya; region-alism - the SAARC experience, K.K. Bhargava.