Asian Economic and Political Developments (Asian Political, by Felix Chin

By Felix Chin

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Federalists are very concerned with the specific point of departure which should be a comprehensive founding document – preferably, a constitution – that defines a set of common regional institutions and their respective competénces. 30 Philippe C. Schmitter and Sunhyuk Kim of potential joint cooperation. The gamble is that the conflicts generated by trying to fulfil this initial task will be resolved positively. In the case of the EU, sectoral integration was followed by trade liberalization and the Common Agricultural Program and, only belatedly, by monetary integration.

Their spread and the resulting cacophony of acronyms have produced considerable confusion and some timid attempts at comparison. The experience of Europe since the early 1950s with integrating – peacefully and voluntarily – previously sovereign national states is by far the most significant and farreaching among all such efforts. As such, it has attracted far more scholarly attention than any other transnational regional organization. It stands to reason, therefore, that the European Economic Community (EEC), the European Community (EC) and, most recently, the 28 Philippe C.

In this context of global competition, Airbus sales to China and the EU‘s offer to Beijing to participate in the Galileo project must be seen as part of increasing EU efforts to acquire market shares of the global aerospace sector in order to counter a perceived American dominance in the market and, at the same time, increase political autonomy from Washington. China‘s participation in the Galileo project entails a significant political and strategic dimension. The decision to allow China play a prominent role in the development of the Galileo satellite system must be seen as the logical extension in the security-strategic dimension of the policy of constructive engagement which has characterized Europe‘s approach towards China since the mid-1990s.

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