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1. Asia's New Regionalism and Global Role: An Editorial Introduction 1 Part I: Asia's New Global Role and Regional Economic Integration 2. Economic Integration and Asia's New Rol in the Global Economy Soogil Young 11 3. Relevance of Broader Regional Economic Integration in Asia and a Roadmap Nagesh Kumar 21 4. A Strategic Perspective on Asian Economic Integration: The Importance of Building 'One Asia' Eric Teo Chu Cheow 47 Part II: Building Blocs of Broader Regional Cooperation 5. ASEAN's Role in Asian Economic Integration K. Kesavapany 61 6. Japan and an Asian Economic Community Masanori Kondo 83 7, China's Role in the Asian Economic Integration Process Yao Chaocheng 95 8. India and the Asian Economic Integration Mukul G. Asher and Rahul Sen 105 Part III: Trade and Investment 9. Forging an Integrated Asia-Pacific Region Tiziana Bonapace and Mia Mikic 141 10. Welfare Gains from Regional Economic Integration in Asia: ASEAN+3 or EAS S.K. Mohanty and Sanjib Pohit 165 Part IV: Monetary and Financial Cooperation 11. Monetary and Financial Cooperation in Asia Ramkishen S. Rajan 185 12. Reducing Global Imbalances and Accelerating Growth: Role of Regional Financial Cooperation in Asia Ramgopal Agarwala and Prabir De 203 Part V: Regional Cooperation for Energy Security 13. Asian Energy Outlook to 2020: Trends, Patterns and Imperatives of Regional Cooperation Kokich Ito, Li Zhidong and Ryoichi Komiyama 221 14. Regional Cooperation for Asian Energy Security "Vpul Tuli 247 Part VI: Epilogue 15. An Agenda for the East Asia Summit Editors 269