Inter-regionalism in international relations: Comparing APEC and ASEM

摘要

Depending on one's theoretical perspective, inter-regionalism is assumed by IR scholars to have arisen in response to the need to check the exalted power of the United States (and, in the economic realm, also the European Union and East Asia) and/or the growing complexity of world politics (the rise of "interdependence" or "globalisation"). More recently, inter-regionalism has also been interpreted as a way to enhance regional collective identities. This paper looks at the evolution and recent performance of APEC and ASEM in the light of these theoretical assumptions about the origins and the functions of APEC and ASEM. Its principal findings are puzzling: while there are indications that APEC and ASEM were indeed meant by governments to fulfil some of the functions identified by those theoretical perspectives, the evidence that APEC or ASEM effectively served any of them is thin. Their actual functions and their durability against the background of a seemingly poor political track record therefore need to be rethought.