The Impact of EC Market Integration and East European Liberalization on Asia‑Pacific
Economies
著者 OSABE Shigeyasu
出版者 Institute of Comparative Economic Studies, Hosei University
journal or
publication title
Journal of International Economic Studies
volume 5
page range 79‑95
year 1991‑03
URL http://doi.org/10.15002/00002088
JoumaIoflntemationHuIEconomicStudics(1991)No.5.79-95 d
.l991ThclnstitutcofComparativcEconomicStudics,HoseiUniversity
THEIMPACTOFECMARKETINTEGRATIONANDEASTEUROPEAN LIBERAUlZZATIONONASIA-PACIFICECONOMIES
ShigeyasuOSABE
Pm/bssor,FtzcM〕'0/ECO"omics,HoseiU"んe応jly,TbAyo
I,SimultauBeousOccurranceofHistoricalTransfOrmatiolns
TheoverthrowofsocialisminEastEuropeancountriessincethesecondhaIfof l989hasputanendtotheColdWarera・Withthebeginningofl990,thedivision ofGennanywhichhadsupportedtheoIdpostwarorderabruptlydisappearedanda
"GreaterGennany,,cametobeonthe3rdofOctober,1990.ThePost-ColdWar age(thedisintegrationoftheSovietEmpire)andthePost-PostWarperiod(the constructionofanewEuropeanorder)areunfoldingsimuItaneouslyi、Europe,
whereWestEuropeancountriesareengagedinastruggleoverthecomingEEC marketintegrationinl992・InlessthanlOyears,Europecouldbecomethenew centeroftheworld;acenterwherethreehistorictransformationsareproceeding simulta、eously
ThestructuralfactorwhichhasbroughtaboutthesesimultaneoustransfOrma- tionsinEuropeisultimatelyduetoanenormousmetamorphosisofcapitalism undergoneinthel980s、Relativeeconomicimportancehasbeendrasticallyshifted fromheavyandtraditionalindustrialsectorssuchastheironandsteelindustryor shipbuildingtolight,high-technologicalindustriessuchasmicroelectronicsor biotechnology・Atthesametime,thefinancialandinformationindustriessuchas independentresearchandconsultingfirmsandsoftwarecompaniesarealso expandingrapidly、Fromtheproductionprocesstothestageofconsumption,
passingthroughvariousdistributionnetworks,semiconductors,computersand telecommunicationsystemsarebeingwidelyintroduced.BefOremakingadecision onanoutputschedule,fOrexample,producersareforcedtocollectdetailed infOrmationonconsumers,demandfOrnewgoods・OnceconsumptionfOIlowed production;nowtheformercommandsthelatter・InfOrmationprocessingisnot limitedtoindustrialsectors,butalsopenetrateseverynookandcomerofsociety So-called“valueaddedcommunicationnetworks,,areradicallychangingthe behaviourofpeople
Theeconomyhasbeen“softened,,orbecome“serviceoriented,,andthesociety widely“informationized,,or‘`infOnnationoriented,,、Todescribethisphe- nomenon,theJapaneseFinanceMinistryadvocatedanewEnglishterm
"softnomics”asearlyasl9831).Themetamorphosisto“softnomics,,is,inbrief,the
resultofthc“MicroelectronicRevolution,,、Consumersinanaffluentsociety diversifyanddifferentiatetheirneedssostronglythatsuppliersarefOrcedto-79-
manufactureawiderangeofproductsinrelativelysmalllotsizes・Butartisan productionmethodsortraditionalsmaIl-scaleproductionmethodscannotcompete withthesenewdemands;itbecomesnecessarytointroducea“quickresponse system,,ormoreflexiblemodeofmanufacturing,inwhichaplantcanshiftin
minutesfromtheproductionofonemodeltoanother2).Theessentialpointof
"softnomics,,istointroducehighlydifferentiatedtechnologyontheexistingbaseof mass-productionlnordertomeetkeeninternationalcompetition,largecapital investmentsandintensiveresearchanddevelopmentarerequiredonacontmual
basis・
Thestandard-bearerofthe“MicroelectromcRevolution,,wasJapan,whichhas notonlydeveloped“flexiblemanufacturing,,butalsoexportedwidelythe“Kanban cardsystem,,orjust-in-timeproductionsystemwhichdependsheavilyon infOnnationprocessingDuringthel980s,developingcountrieshadseena deteriorationinlivingstandards、Forexample,percapitaincomeinLatinAmerica haddecreasedbyl0%andinSouthemAfricaby25%overthedecade、Thel980s couldbecalledthe“missingdecade,,、OnlytheEastAsiandevelopingcountries exhibitedexceptionalgrowthAsitisclearlyshownbythedifferentgrowthratesof intemationaltradebetweenmainregions(Tablel),presentlythemostdynanmc
TableLGeographicalDistributiouuofWorIdTrade
share(%)growth「ate(%)
198019881980~1988
形%%形形% 61016852138706 111 ’一一
15573011053659 ●●●●の●●●●●●●●●76646444456420 2 48854245102880 ■●●p●●●□●●●●巳●10977543332111 31
lntra-WcstEurope
Asia-Pacific-NorthAmenca Intra-Asia-Pacific
Asia-Pacific-WEurope N・America-QWEurope
lntra-N・America
lntra-SovietUnion&E・Europe N・America-C,&SAmcrica W・Europe-S.U、&EEurope W,Europe-Africa
W・Europe-MiddIcEast
Asia-Pacific-MiddlcEast
W・Europe-C.&SAmcrica Asia-Pacific-SU.&BEumpe Source:化施Se砥or,ScpL199O,p、45,
growthpoleintheworldistobefOundintheAsia-PacificreglonwhereJapanhas stimulatedduringthisdecadeitsrapidindustrializationJapanhasexportedlabour intensivemanufacturmgtoAsiandevelopingcountriesandatthesametime
Ⅱnportedconsiderablylargeamountsoftheirmanufacturedgoodsaswellasfoods andrawmaterials・AcrossthePacificbasin,Japan,theUnited-States,Canada,the
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THEIMpACrOFEcMARKETINTEORATIoNANDEAsTEURoPEANLIBERALIzATIoNONASIA-PACIFFIC ECONOMIES
NIESandASEANcountriesaswelIasAustraliaandNewZealandareboth
fUriouslycompetingwitheachotheraswellasengaginginextensivecoOperationin manyareassuchasmanufacmrings,marketings,financialtransactions,and researchanddevelopment.
“Esprit,,,theEuropeanStrategicProgramforResearchandDevelopmentmthe lnfOnnationlndustry,wasformulatedinl984bytheCommissionoftheEECasa
ratherdesperateresponsetothisAsianchaUenge3).ThisisthefirstEuropean
projectfOrcooperativeresearchamongthelargercorporationsintheinfOrmation industry、TheaimistocatchupwithJapanandtheUS.,andmoreovertorestoretoEuropeacompetitiveedge・Moreimportantly,intennofa``catchupstrategy,,,
theSmgleEuropeanActwasconcludedinl986amongthemembercountries・This actpromisesthefUllintegrationofEECmemberstates'marketsbefOretheendof
l992・Thishistoricalexperimentinmarketmtegrationgavetheappearanceofan offensiveposturcviWi-WSthewideIyperceivedAsianchallenge4).
Ontheotherhand,theoverthrowofsocialismisalso,inessence,duetothe
“MicroelectronicRevolution,,、Duringthel970s,socialistcountriescouldnarrowly indulgeintheiIlusionthat`socialismcancatchupwithcapitalismandexceedit,,
partlythankstothetwooilcrisesduringwhichtheSovietUnionprofitedfromthe rapidincreaseofpetroleumpnces,whiletheWesterndevelopedcountriessuffered severelyfrom“stagHation,,bythissamepriceescalation・Butinthel980s,sociaIist countriescouIdnotpreventbreakingdownwhenconfrontedwiththeoverpowenng pushfrom“SoftnomiCs,,、Citizenswereshockedtodiscoverthroughvariousmedia suchasTVs,VCRs,orundergroundpublications,thestrikmgcontrastsbetween thewealthyandliberallifeintheWesta、dtheirownmiserableandsuffOcati、g one・Asthemoststrikingexample,thenewlycreated“GreaterGermany,,was broughtintobeingbytheEastGermanCitizens,eagemessforlibertyandwealth・
Peopleabandonedatlasttheirmiserablebarracks-likestateandpressedfOrthe rapidannexationofEastGermanytoWestGermany
Thestructuralfactorwhichengenderedthesimultaneousoccurrenceofthese
threehistoricaltransfOrmations;theoverthrowofsocialism,thebirthofthe GreaterGermanyandmarketintegrationinl992,is,therefOre,themetamorphosis ofcapitaIisminthel980s,thatis,``softnomics,,producedbythe“Microelectronic Revolution"・ItmaybesaidwithoutmuchexaggerationthattheAsia-Pacific region,especiallyJapan,wasprimarilyresponsiblefOrthesehistoricchangesin
Europe・Itistrulytheendofanage.
11,“1192,,aBDdtheNewRoleofECinEurope
Apartfromthestructuralfactormentionedearlier,itisGorbachevwhopulled thetriggeronEastEuropeansociaIismandconsequentlypromptedthebirthof
GreaterGermany・Abandoningtheso-called“BrezhnevDoctrine,,whichdeniesanysocialistcountryfUllsovereignty,headoptedahJjSsezソ2JjrepolicyfOrEast Europe・ThispolicychangecamepartlybecauseGorbachev,onfacingthethreatof bankruptcyfOrhisprogramofpe花smjAUz,wasobIigedtoslashmilitary expenditureandtoinviteaninflowofwestemcapitalandtechnology・Thechange
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camealsobecauseofGorbachev,sstronglyEuropeanorientedcharacter・He dreadfullyanxiouslesttheSovietUnionshouldbeleftbehindinthepost“1992,, Europeandynamismwhichisexpectedwitheverincreasingconfidence・Itcanbe saidwithoutmuchexaggerationthat“1992,,hasputanendtotheColdWareraand thePostWarperiod
Untilthemidl980s,Europe,comparedwiththeUS、andJapan,hadbeen characterizedbybeingcaughtin“Euro-pessimism,,;especiallyafterthesecondoil crisisinl979Unemploymentrateshadheldfastatveryhighlevels,growthrates hadremainedslow,andintemationalcompetitivenesshadcontinuedtodecIine Butsincethen,theEEChadengagedinrestructuringtheEuropeaneconomy throughprofOundrefOnnsofindustriaIrelationsandtheadoptionofmarket orientedpolicies・Now,,Euro-pessimism,,hastumedinto“Euro-dynamism,,、
Atthesametime,“1992,,asatargetfOrfinaIunificationwasagreeduponin l986・ButexternalcountriesliketheU・SandJapanconsidereditatfirstasa fantasticideawhichwasnotUkelytoberealizedEvenattheEECsummiton RhodesinDecemberl987,onecouldnotmakeconfidentprojectionsfOrsuccessin
"1992,,becauseoftheobviouslysevereconHictofmterestsamongthemember states・ThiswastrulythegloomiestChristmasc〃roLJ妃toEuropeanintegratiom ButatanextraordinarysummithastilyheldinBrusselsinFebruaryl988,therewas anarrowagreementastothemostimportantstructuralreforms:abroadreduction
inagriculturalexpenditures,theexpansionofregionaldevelopmentfUndsandthe
increaseinrevenueceilingofcommunitybudget・Smcethen,thedreamof“1992,, hassuddenlycomereaLAsaresultofthegovemmentalagreements,the environmentforbusinesshaschangedIntenseM&Aactivityandcooperative technicalandfinancialtie-upsarenowspreadingacrossbordersamongEuropean bigbusinessesespeciallyinGermanyandFrance・Nationalchampionsarebeing selectedandoligopolisticindustrialstructuresarenowbeingpromotedNotonlytheUS・orJapanbutalsoAsiancountrieslikeMalaysiaorSingapore areissuingwamingsagainsta‘`FortressEurope,,whichcouldpreventextemal countriesfromreachingtheEECmarket・AmericanandJapanesecorporationsare tryingframicallytoobtainafootinginEuropebeforel992・ExtemalasweUas intemalbigenterprisesaremakingadashfortheintensiveM&Arace・
Theeffectofmarketintegrationhasbeenanalysedbyvariousresearchers・
Amongothers,theCeccAj"jReporj,initiatedbytheEECCommission,givesavery optimisticpredictionthateconomiesofscaleresultingfrommarketintegrationwill raiseEuropeanGDPby4.25-6.5%inthemediumterm,andifmembercountries adoptdesirableeconomicpoliciesalongwiththcmarketintegrationpTogram,they willreceiveadditionalmacroeconomiceffectswithtotalGDPincreasingbya further7%5).ButotherestimatesgivemorepessimisticresultswithinternalGDP riSingby3.2-5.7%whilethemedium-termimprovementintheexternalbalance
wouldbeonly1%6).RemfOrcingthislastpoint,anotherstudyattemptstoestimate
theimpactoftheEECmarketintegrationontherestoftheworld,suggestingthat thepolicywouldproduceareductioninthegrowthratefortherestoftheworldby 0.73%7).nliswouldbecausedbyatradediversioneffectontheEECimportsora shiftofimportsfromextemalcountriestootherEECmembercountries・Inthis case,accordingtoothercalculations,considerabledeclineinextra-EECimports willbeseenforofficemachinery(66-68%),motorvehicles(41~64%),artificial-82-
THEIMPACTOFECMARKETINTEGRATIONANDEASTEUROPEANLIBERAIJzATIONONAS1A-PACIFFIC ECONOMIES
fibres(48-58%),fOotwear(25~35%),carpets(20~24%),andelectrical
householdappliances(24%)8).Withtheseanalysis,concemsover“Fbrtress Europe,,expressedbyextemaIcountriesareeasilyunderstoodnottobesimply
sentimentalreactionstotheunknown.
InthefieldoftextUesandgannents,theEECalreadyhasbilateralagreements with26textUeexportingcountriesundertheMFA(MultifibrcArrangement).
MultUateralnegotiationsbetweenexportingandimportingcountrieslimitthe annualgrowthrateoftextileimportstotheEECmarket,whilebilateral arrangementsimpoSc“regionalshares,,orexportquotasfromeachexporting countrytoeachimportingnation・Gennanytakesthelargestregionalshare,25%,
fOllowedby21%fortheU.K、,16.5%fOrFranceand13.5%fOrItalyinl9879).
InadditiontothefOnnalmulticountryarrangements,aclauseoftheTreatyof Rome(Articlell5)canbeusedtopreventimportsfromanextemalcountry、1,
1988,DenmarkandWestGermanymadenouseofthisclause,butsevencountriesmadelimiteduseofit;theBeneluxcountriesuseditagainstshirtsfromHongKong
andTaiwan;PortugalagainstmotorcyclesfromJapan;andGreeceandtheU.K、againstdollar-zonebananas・Fourcountrieshavemadeconsiderableuseofthis
clause:Franceuseditin52casesincludingcolourTVsetsfromJapanandSouth
Korea;shirtsfromChina,HongKongandSriLanka;Irelandhasuseditin33cases;Italyin20cases;andSpaininl7cases・Fordevelopingcountries,almostall
ofthetargetsoftheEuropeanimportrestrictionareconcentratedonnon-MFAtextilegoodssuchasshirts,underwear,gloves,sweaters,andparkas,butforJapan
andNIEScountries,theyaredirectedagainstmanufacturedgoodssuchasTVs,car radios,VCRs,sewingmachines,ballbearings,andmotorvehicles・ThesecondtermoftheJacquesDlors,CommissionstartedinJanuaryl989and hasattachedconsiderableimportancetoadvocatingfreetrade・ButAsian developingcountriescannotstillfearsofbeingshutoutfromtheenlargedmarket becausethe“FortressEurope”could,theybelieve,easilybecomeviabIe altemativewhenevercircumstancesrequireit・TherealquestioniswouldtheEEC becomemoreprotectionist?Thismaydepend,fOrthetimebeing,uponthree factors;thefUtureprospectsfOrintemationalbusinessfluctuations,thedegreeof unity,actuallyachieved,after“1992”amongmemberstates,andfinallytheextent ofrestructuringofEuropeanindustry1o).
ThelastfactoristhemostuncertainSinceEastEuropeancountrishavestarted tomakeasplendidcomebacktomaintainingmarketeconomies,theEECisgoing
tobechargedwiththetaskofsupportingthishistoricretum・AttheArchSummit heldinParisinJulyl989,theEECwasappointedasthecoordinatoroffinancial
assistancefbrPolandandHungarythatwiIIbeprovidedby24developedcoulutries・
ItisthefirsttimcthattheEECwasassumcdapoliticalroleontheinternational
stage;befOrethisitscharacterhadbeenlimitedtothepurelyeconomic・Worsestill,
withthefailureofperestroMEaan。theoutburstofnationalistconHicts,acrisis surroundingthedisintegrationofthe“SovietEmpire,,appearsimminent、TheEEC whichislocatedclosebytheSovietUnionwillbeobligedtopromptlyorganize
financialaidfOritinordertoavoidpossiblecalamities11〕.Consideringtheseproblems,itisveryurgenttobringaboutanewEuropean ordertofaccuptothisPost-PostWarorPost-ColdWarperiod,ThemostfCasiblc
picturefOrthisnewordermustbemodeloftwosetsofconcentriccircIeswiththe-83-
economyasthefirstsetandpoliticsasthesecondset・Concemingtheeconomy,the EECwitha340miUionpopulation,incIudingthatofformerEastGermany,will fOrmthecoresupportingthreeoutercircles・ThefirstinnercircleiscalledtheEEA (EuropeanEconomicArea)whichcomprisesacommonmarketwiththefree exchangeofgoods,money,labour,andservicesbetweentheEECandthe6-nation EFTAwitha30millionpopulationThemiddlecirclewillbeprovidedbyatreaty ofassociationbetweentheEECandEastEuropeancountrieswithl40million
peoplcItisexpectedthatsomeofthelatterwouldbeacceptedasmember
countriesoftheEECinthefuture・Finally,theoutercirclewouldbeestablished withtheSovietUnionthroughtechnicalandfinancialaid・Atthelastsummitin HoustoninJuly,1990,EECmemberstatealreadyproposed$150biIlionaidOne ofthemostimportantinstitutionsfOrtbisPost-ColdWarordercouldbethe
EuropeanBankfOrReconstructionandDevelopmentwhichistostartoperationin
LondoninnextApril・ThisbankwillberesponsibleprincipallyfOrundertaking investmentinsurancefortheEastEuropeanregionandtheSovietUniontoassureacreditlinefromWestemprivatefinancialinstitutions12).
Concemingthesecondsetofconcentriccirclesforpoliticsandsecurityconcems,
withNATOandtheWarsawPactlosingtheirmjso〃。'α"rethefOrmationofanew
Europeanorderbecomesveryurgent;butitisnotyetsoclearIydefined,compared
withtheneweconomicorderdiscussedabove・Accordingtopositionsscheduledby
FranGoisMitterandandfolIowingthisbyJacquesDlors,inearlyl990,anew Europeanpoliticalorderisvaguelyemergingasfollows:theEECandtheEFTA
countrieswillfOrmtheEuropeanFederationwhichisencircledbytheEuropean ConfederationmadeupofallcountriesinEurope、ThelattercanbeconsideredalmostthesameastheEuropeanCommonHousealreadyproposedbyGorbachev、
Forthetimebeing,CSCE(ConferencconSecurityandCooperationinEurope)
whichencompasses34countries,incIudingtheUS・andCanada,wouldprovidea sortofmilitaryforumbetweentheNATOandWarsawPactmembercountries、
Inaddition,theEEC,whichhadbeenmovingtoenlargeitsfUnctionsfromthe
purelyeconomicbyincIudingpolitics,could,inthelongrun,assumecollective
defenseinsteadof,orasasupplementto,thcNATO、ThusthenewEuropeanpoliticalandsecurityorderwillbehaveastructureofconcentriccirclesmadeupof
theEuropeanFederationasinnercircleandtheEuropeanConfederationasouter circlewiththeoriginalEECasthecore・ThefOrmationofaGrcaterEuropewiIlnotbesoeasyintheshortrun・Because
inEastEuropeancountries,thereexistmanydifficultproblemstoberesolvedsuch
aspoorinfrastructure,outdatedproductiveequipment,outrageousenvironmentalpollution,and,abovealLstate-controloricntedmentalityamongeconomicagents・
TheconditionsfOrsuccessinintegratingtheWcstandtheEastwouldprimarily
dcpendontheprogressofEastEuropeanreforms,thedevelopmentofastrategy byWestEuropeanenterprisesfOrdealingwithEastEuropeanfirms,andthelevel
ofWestEuropeanzealfOrdevelopmentassistance、Atanyrate,thebirthofa GreaterEuropecouldreawakenhistoricalframesofreferenceandcreateasenseofEuro-centralismamongEuropeansl3).ThecountriesoftheMaghreb,blackAfrica
andtheMiddleEastfearmoreandmorelesttheyshouldsufferfromthe devastatingeffCctsofaninwardlookingEuropeincommerce,investment,and
especiallyaidAsiandevelopingcountriescannotescapefromthisfear.
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THEIMPACTOFECMARKETINTEGRATIONANDEASTEUROPEANL1HERALIZATIONONASIA-PACIFFIC ECONOMIES
ⅡH,AsianConcernsover“1992,,
When“1992,,comestrue,itwillfOllowtheoverthrowofsocialismandthebirth
ofGreaterGermany、Facingrapidchanges,Asianpohticalleadershaveexpressed
thefearthata“FortressEurope,,wouldresultfromthesechanges,andtheoutflowofcapitalmvestmentandgrantsfromdevelopedcountriestodevelopingcountries,
especiallytoAsiancountries,woulddeteriorateLastMay,SingaporePrime
MinisterLeeKuanYewmadeatourofEuropeancountries,France,theU.K・andWestGennany,andappealedtowesternfirmstocontinueinvestinginAsia、Atthe
"SouthSummitConference-G15,,heldinKualaLumpurlastJune,theMalaysian
PrimeMinister,Dr・MahathirMohamad,speakingasthevoiceoftheThirdWorld countries,wameddevelopedcountriesnottoshifttheircapitalmvestmentandaidesfromtheSouthtoEastEurope14).
AccordingtotheBankfOrlnternationalSettlements,thisprocesshasalready started(Table2).Sincel988,EastEuropeancountrieshavebecomethemain
Table2.BorrowilbgfmmBISReportingBanks
】P卜
Sou頤e:BjSA""lmlR叩○㎡1990,P、132.
groupofborrowers,with,in1989,theSovietUnion($7.1billion),theGerman DemocraticRepublic($12billion),Bulgaria($0.8billion),andCzechoslovakia($
7.1billion)astheprincipalborrowersofnewfUnds、Onthecontrary,Latin Americanborrowingfromwesternbankscontractedsharply,largelyasaresultof
debtconversionoperations・Thustheflowofintemationalfinancehasbecome
increasinglypolarizedbetweenEastEuropeancountriesinexpansionandLatin Americancountriesindecline・AsiancountrieshavemaintainedbasicaIlythesame position,withsomecountriesshowingaslightreduction(mostlyChinaand
Taiwan)andothersshowingaslightadditionofnewdrediLAsfOrtraderelationsbetweenAsiancountriesandtheEEC,theJapanese
marketshareoftotalEECexportsinl989was5、2%,fOrtheNIESitwas5、4%and
fortheASEANcountries(exceptSingapore)itwas2.0%・Witbrespccttoimports,
Japantook10.5%,theNIES6.596andtheASEAN2、5%・ThetotalshareofEaSt
-85-
changes,excludingexchangerateeffCcts
1982 1983 1984 1985 1”6 1987 1988 1989
StockS atend-
1989 inbilUonsofUSdoⅡams
06281621774
●●●、巴□■●●●●
6489200J1J9
3
1’
1’一一 7192800300羽1 ●●□●●B■■■●の 21863甲5J635 ’一 一1 50295J0イ002 sの●●、■◆●□■● 21183勺82Iイ8 一2 1 3720796893l 私a0LL401004 一|’I 2751570J284 弧a0aLa仏2004 一一’1 42213イ850J0 ●●●●●●の●の■● 73099835679 一可 一’一一 90591278775 28a8几ZLLua弘 刊イ|| ’’一 3947500J1J1 251726567イ0 ●●◆●▲B■●●⑤● 羽wm銃迦塑巧釘巫〃F
7 1 1606066J133
3720796893l 私a0LL401004 一|’I 2751570J284 弧a0aLa仏2004 一一’1 42213イ850J0 ●●●●●●の●の■● 73099835679 一可 一’一一 90591278775 28a8几ZLLua弘 刊イ|| ’’一 3947500J1J1 251726567イ0 ●●◆●▲B■●●⑤● 羽wm銃迦塑巧釘巫〃F
7 11606066J133
Non-にportilDgdevelopedcotmlTies EastemEu”PC
OPEC
Non-OPECLDCs q/Mbich:“U2'7Ame'7m
CソbiJUq nziwa〃
01ノie「八s、
八mと口 MdヒルEnst Totalbo面owing
TYHbIe3・EastAsianShareinExtra-EECTrade
(%)
塗iill典jlTTmTIi
Import19851986198719881989 100100100100100
6.49.410.511.010.5
4.76.86.36.96.5
1.82.22.32.42.5 ExtTa-EEC
Japan NIES*
ASEAN
total
Source:OECD,MolzrノMySmrjS"cFQ/Fb花jgluTm“
Note:*Thailand,Malaysia,Indonesia,andthcPhiIippines・
Asiancontrieswas12.6%fOrEECexports,and19.596forEECimports(TabIe3).
AnumberoffactorssuggestthatthereexistsconsiderablevulnerabilityinAsian‐
Europcantraderelations・First,theimportanceoftheAsianregioninEECtrade
remainslimitedandthatofJapanoccupiesabouthalfSecond,forAsia-EEC trade,thereisseriousimbalancebetweenimportsandexports,theformerbeing twotimesaslargeasthelatterinl988Third,themajoritemsofexportfromAsia toEuropehavechangeddrasticallyduringlastdecadefromfOodsandraw materials(rice,manioc,timber,orrubber)tomanufacturedgoods(textiles,clothing,eIectricandeIectronicproductsorvehicles),withtheimportanceof
manufacturedproductsincreasingrapidlyfrom29%oftotalAsia-EECexportsin l980to53%in1988.ThistrendcouldpresumablybeexpandedThetradetiesare notonlythininquantity,butalsochangingsorapidlyinkind;furiouscomplaints areboundtobearousedamongtheEECnations.Table4.FbreginDirectlnvestmentfbrtheASCANCountries(localcurrenCy)
T、幻50,m。
(Bahtmio)
19861”7
Phnippi頤s Ohousamdpcsos)
19871968,997.
Singapoに
(S$mio)
198619町 Malaysia
(M$mio)
19861987 Indouue罰a
(Rupiahmioy 1g861妬W
nov・’987●
1,189.61,448.0西,211.2輿,400 492.8601.1U4,421.023コ48 443.4543.5904.35,025 204.8241.06,9006oo6o90U6oo
-3,4Z7.3酉,775.3 58.1230.1591.34,141.5 17.16L374q00,724.3 五コ且63.1481.64,416.7 800.717,640.6
324.65,458.9 128.41,021.9 161.62,242.4 loOal
JaPan US.
EEC
14.017.117.216.7刀.4..12.7..
EECSharcs(兜)20.212.7
Some:EEOASEAN唾latioIus,intheCommissicnofEC,Elumpehq/bmqLiD",no、虹,1982.
Notes:CcmTUunIndvc
●OEEC+EFTA
APrfllD88:lUS$=1948,Z1IndRupiahlUS$=1,g951Singapoに$
lUSS=2,5745M811$1US$=25,210Baht lUS$=21902”PhiI・pcsos
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THEIMPACTOFECMARKETINTEGRATIONANDEASTEUROPEANLIBERALIZATIONONASIA-PACIFIIC ECONOMIES
EuropeancapitalinvestmentinSouthEastAsiahasincreasedduringthel980s、
1,1987,EuropeaninvestmentsrankedsecondafterJapaninlndonesia,Malaysia,
ThailandandthirdafterJapanandtheU・SinthePhilippinesandSingapore (Table4)EuropeancountricspIaytheroleofmajorinvestorsinSouthEastAsia,
buttheinvestmentsarelargelybasedonvulnerabletraderelationsmentioned above・ThatisoneofthereasonswhySouthEastAsiancountriesareconcemed abouttheshiftfromAsiatoEastEuropeincapitalinvestmentandaid、
IntheASEANcountries,perhapsthelargestfearsarecausedbytheunification ofGermanyandconsequentlythebirthofaGreaterEurope,inwhichWest EuropeancountrieswillshifttheirtradeandcapitalinvestmentfromAsiatoEast Europe.’、particular,GreaterGermanywillprobablyhavetofOcusmoreand
moreitsenergytowardstheEast、First,aftertheunification,thefinancialcharge fOrreconstructionoffOrmerEastGermanyiscontinuingtoexpandrapidly,forthe
conditionofitsinfrastructuresandproductiveequipmentisrevealedtobeworsethanexpected、GreaterGermanyisfOrcedtoconcentrateitseffOrtsonthislong andseveretaskofrebuildingSecond,thereistheimpactonMiddIeEuropean countrieswhichonceformedtheAustro-HungaryEmpireandwascomprisedof
multiplelanguages,culturesandreligions・Afterthedestructionofthe“IronCurtain",areinvigorationofthetraditiona1M蛇/eHmpα(MiddleEurope)inthis regionbecomesfcasiblcThird,fOrmerEastGermany,accordingtoan
arrangementoftheCOMECON,hadsuppliedtotheSovietUnion4096eachof thatnation,sdemandfOrmedicalequipment,agriculturalinstruments,and chemicals;athirdoftotaldemandfOrgarments,andaconsiderableshareof militaryequipmentuses・GreaterGermanyhastotakeoverthesedutiesandconsequentlywilltoweraboveaIIotherWestEuropeancountriesastradepartner
andinvestorintheSovietUnion
WhentheUnitedKingdomhadenteredintotheEECinl973,WestGennany
andFrancefilledthevacuumcreatedbytheBritishtradeshiftfromAsiatotheEEC・MakingacompansonoftheASEANcountries,exportdestinationsbetween
l960andl988,theU.K・fellfromitsoverwhelmingpositionat48%toaaImosthalf,at25%・Onthecontrary,WestGermanyexpandeditssharebyl0%points from23%to32%andFranceincreasedby8%pointsfrom5%to13%(Table5).
ThisdrasticchangereflectsprincipallyBritishentrancetotheEECand,atthe sametime,rapiddeteriorationofitshomeeconomicintensity・Ifthebirthof GreaterGermanybringsaboutconsiderabletradeandcapitalinvestmentshifts fromAsiatoEurope,canwefindanycountrywhichwiIIactasWestGermanyor
Francedidinl970s?
Concemingthisissue,onebilateralsetoftiesshouldbementioned:Francehas
begunrecentlytostrengthcnhcrrclationshipswithVietnamandbigbankslikethe
Soci6teGen6raleortheBanquelndo-SuezopenedrepresentativeofficesinHanoiandHoChiMihnCitywhichwiIIprovideanimportantmeanstoimprovethe investmentconditionsinVietnamlnaddition,theFrenchgovernmentdecidedto resumeofficialloansafteraneightyearintelTuptionandthelMFwillbegintooffer
financialsources15).TheU.S、isalsochangingitsattitudevな-'一vjSVietnam,taking
intoaccounttheimprovementofAmerican-Sovietrelations・Thuspeacemovesin
lndo-Chinaarenowbeginningtohavesomeimpact,butitwilltakemuchmoretimetobearfruitintheeconomicfield
-87-
Table5.DistributionofEEC-ASEANTmdebyEuropeanCOunhy
EECexporttoASEAN
TbtalW・GermanyGreeccSpainFranceltaIyNetherlandtheU.K、
1060
1970
1980
1988
0000 MⅢ伽㈹1111
27.2
26.7
27.7
25.7
0.32.810.59.6 0.45.211.911.4 0.43.514,910.5 0.54.213.49.7
14.2
13.2
13,7
14.9
27.3
22.6
21.8
22.6
EECimpoTtfromASEAN
、&
Source:Eurostat,E】『蛇r"ロノ刀adF,SmtiF(、ヨノybmBooA.
ThewithdrawalofEuropefromAsiawillnecessarilyreinfbrcetheJapanese presenceinSouthEastAsianregionThisisnotdesirableeithertoSouthEast AsiannationsortoJapanPrimeMinisterLeeKuanYwe,B〃わ"tetoatourof Europeancoutries,pointedoutthat,“Iftheworldtendstowardseconomicand tradingblocsandAsiaisfOrcedtoenterinthe`Yenbloc,,thatwouldbecomean appleofdiscor。,,、Filthermore,astheEast-Westclem"rereachesAsia,power balanceintheAsia-PacificregionwillberadicallychangedTheMalaysianDeputy ForeignMinister,MrAbduUahFadzilwamedofpossibilitythatlndiaandJapan wouldflllthepoliticalvacuumcausedbysuperpowers,evenmaldisarmamentin thisrcgion・Inanycase,facingthePost-ColdWarperiod,Asianstates,fearsofan
intensificationofJapaneseprcsenceinAsiaareincreasingl6).
InordertoappeaseAsianconcems,ontheoccasionoftheEEC-ASEANregular conferenceheldFebruaryl990,theEECdecIaredonceagainitsintentiontomeet commitmcntsinAsiafOrprovidingODA、1,1988,theASEANgroupreceived 20%ofthetotal$440millionfinancialaidfOrdevelopingcountriesgivenbythc EEC,ThesharesfOrThilandandlndonesiaarethemostimportantandfOllows thatofthcPhilippines・Mainitemsofassistanceareagriculturaltechnology,
cnvironmentalprotection,HoodcontrolandjobtrainingSince1988,theEEChas joinedthedairydevelopmentprograminChinainaccordancewiththeWorldFood Program
LastMay,theEECCommissionputfOrwardanambitiousfive-yearaidprogram・
Htheplangetsthego-ahead,Asiancountrieswillreceivetwo-thirdsofanECU29
billion($2.3billion)aidpackage,withtherestearmarkedfOrLatinAmerica17〕・
AnEECcommissionerinsistedthatfUrthereconomlccooperationinAsiaisboth
"avitalneedandanopportunitynottobemissed.,,AndheaddedthatwhileEEC
-88-
THEIMPACTOFECMARKETINTEGRATlONANDEASTEUROPEANLIBERAUlアヘTIONONASIA-PACIFFIC ECONOMIES
aidtoEastEuropeisshorttermandtiedtopoUticalandeconomicconditions,
assistancetoAsiais“longtermandconstant'''8).
Ⅳ,FromaTri-polarSystemtoaBipoIarorPerhapsaTwoandOne-halfPolar System
IntheeraoftheColdWarbetweentheUnitedStatesandtheSovietUnion
blocs,theintemationaIeconomyintheWestusedtobeexplainedbyatri-polar systemconsistingoftheUS.,EuropeandJapan・ButtheendoftheColdWar heraldsthecomingofnewerainwhichtheeconomydominatespoliticsandmilitary affairs;thetraditionalworldofthetri-polarsystemwiUbedrasticallytransfOrmed・
ThemostimportantfactorproducingthistransfOnnationistheenlargementof Europeandconsequentlytheriseof“Euro-Centralism,,、
Intheintemationaleconomictriangle,thestrongesttieslinktheU・SwithWest Europe・Sharingbothethnicandhistoricalrelationshipsaswellasliberal democraticvalues,theyhaveconstructedwidepipelinesbetweenthemfOrtrade andcapitalinvestment・Forthesecurity,theyhaveengagedinacollectivedefense regimebyestablishingNATO、Thesedays,withaviewtowards“1992,,,American fimlshavelaunchedanintenseM&AraceinEurope,especiallyintheU.K・and
Germany,whileEuropeancapital,aimingatglobalizingtheiractivities,aretrying
tomakeinroadsintotheAmericanmarketaswellasintotheintra-EECmarket・
Nevertheless,sincetheendoftheWorldWarlI,becauseofthecontinualdecline oftheEuropeanoldcolonialempires,thecentreofgravityoftheintemational economyneverceasedtoshiftfromtheAtlantictothePacific,andsotheUS・has continuedtomoveawayfromEuropeOntheotherhand,apartfromtheselfL
consciousseparatismofG“肋[France,MediterraneancountriessuchasItaly,
Spain,andGreecehavecontinuedtocriticizetheU・SmiIitarypresenceinEurope、
WestGermany,whiledeclaringapro-Americanposture,hasgraduallysetaside
fromitsdiplomaticconceptsthedefenseofcommonAtlanticbenefit19).This changehasbeenshownparticularlybytheextremelydeterminedpeacemovementagainstthedeploymentofCruiseandPersingmissilesinGermanyduringthe earIyl980sWinningbackitsconfidencebyreclaimingaclearpositionof dominanceoverEastEuropeandtheSovietUnion,WestEuropehasstrongly
tumedinuponitselfEuropeantendencytobecomemoreindependentvjF-d-vjstheUS・sincetheendoftheWarwiIlbeacceleratedonalongtermbasis2o).
AsfOrtheUS.,sincetheearIyl980s,businessenterpriseshadhankeredafter
easywealthandbecomeabsorbedinthemoneygameofWallStreettotheneglect
ofbasicmanufacturing、Asaresultofthis,somedc-industrializationoccurrcd・But theUS・isobligedtopaythepriceofignoringthemanufacturingbase;theUS・is
witnessingadeclineinaintemationalcompetitivenessinmanufacturing、The
"centripetalfOrce,,inthetraditionalsocialandeconomicorderisdiminishingand
serioussocialdifficultiesareprovokedbytheincreaseofnarcotic-relatedcrimesor thedeclineofqualityofeducation、Fromthegeographicalpointofview,the disintegrationoftheU・Shasbeentakingplacegraduallyduringthel980s・In contrastwiththedeclineoftheestablishedEastCoastareas,theSunBeltzoneand especiaIlytheWestCoastregionareshowingrisingstrengthOneAmericanauthor-89-
insistsonanewconceptionofNorthAmericaasbeingdividedinto9real“nations,,
acrossthepresentintemationalbordersoftheUS.,CanadaandMexico21).AstheUS・ispulledindifferentdirectionsbetweenthetwogrowthpoles,theAsia-Pacific regionandGreaterEurope,theU.S・wouldbecomeincreasingIypolarizedThe
PacificregionintheU・SinparticularcouldtummoreandmoretowardsAsia・Inshort,becauseoftheweakeningofAmerican-Europeanrelationshipsonone
hand,thedisintegrationoftheU.S・itselfontheotherhand,theUS・wiIlnotbeabIetoassumetheroleofonedistinctpoleofgrowthThepresenttri-polarsystem oftheinter、ationaIeconomywilltumtoaneconomicandpoliticaIbipolarsystem composedoftheAsia-Pacificregio、andGreaterEuropeasgrowthpoles22).Ifthis
scenanoappearstobetoomuchofanexaggcration,itmightbemorerealisticto supposewewillhaveatwoandone-halfpoIarsysteminvoIvingthcU.S・asone-half pole・Inthiscase,theU・Sisclcarlylosingitspreviouspredominantpositionandis assuredonlyofapositionofonehalfgrowthpolebetweenthePacificandtheAtlantic
Atthispointitwouldbeusefultomakeacomparisonbetweentwopolesofthe Asia-PacificregionandGreaterEuropeandsumupbrieflysomeoffeaturesof eacharea・ConcemingtheAsia-Pacificregion,thcmostimportantageminthis regionisthePacificOceanwhichistwotimeslargerthantheAtlanticandis
equivalenttoonethirdofthcsurfaceoftheglovez3).TheMediterraneanhad
cultivatedEuropeancivilizationbasedontheancientGreekCultureand Christianityapartfromprovidingarouteoftransmissionoflslam・TheAtlantic OceanhadconveyedtheLatinCultureandafterwardsAnglo-Saxontraditions fromtheOldContinenttotheNewButthePacificisnotonlysowide,butalsoso diversifiedintopographythatitcannotbedefinedasasimpleentity、Acrossthe Ocean,thcrearespreadinamosaicvariousreligionsandcultures;Buddhism,
Hinduism,Islam,Christianity,andConfucianism,thelastaccompanyingacultural sphereofcountriesusingChinesecharacters・
SincetheendoftheWorldWar,WcstEurope,theEECnationsatleast,
enjoyingrelativehomogeneityandstabilityinspiteofbeingundertheColdWar,
havesharedthesamevalueofliberaldemocracyandapproximateIysamedegreeof
economicdevelopment;Asia-Pacificregionhasbeenwidelyindispersionincluding
verydifferenttypesofpoliticalregimesandeconomicperfOrmancesThisvanety acceleratedeconomicdevelopmentaswillbediscussedlatter,butpoliticallyit bringsaboutinstabilitysuchascivilwars,CCZイpsd'E、【,invasions,insurrectionsand soonAsaresult,theAsia-PacificregioncouldnotfOrmacIoselyconnected economicandpoliticalintegrationlikethatoftheEECortheUS.-CanadaFree TradeAgreement・Inotherwords,thisregionisincompatiblcwithnarrowmindedbIocs・Thereassemble34coumriesandconcentrateonehalfofworIdwealthand population・
IntheAsia-Pacificregion,thercarethreemaininternalaxes(Figurel):1)the North-Southaxisofverticaldivisionoflabour,betweenJapanandtheNIES,the ASEAN,AustraliaandNewZealand2)theEast-Westaxisofhorizontaldivision oflabourinthenorthernhemispherebetweenJapanandtheNIESononesideand theUS・andCanadaontheotherside、3)thesecondEast-Westaxisofhorizontal divisionoflabourinthesouthemhemispherebetweenAustraliaandNewZealand ononesideandtheUS、andCanadaontheothcrside,Besidestheseareas,the
-90-
THEIMPACTOFECMARKETINTEGRATIONANDEASTEUROPEANLIBERALIZATIONONASIA-pACIpFIC ECONOMIES
1987(sbiIIIon) I9B7ISbIIIIon)
JOpOn 1287(9.9) NorIhAmorlcq
i;;<更1,.2)
261 ~(8. 26158B~
1lIZB)
58B~
1lIZB) 4.5) 4.5) TB TB
NIES ASEAN
217(14.5)
(219.4) 64、64、
(219.4) 4) ) γ21 (68.7) γ21 (68.7) (6 97 (43.5) 97 (43.5)
120 (59.5)
120 (59.5)
OCEAMA
Source:OajA6"パイ"J,Sept.’”0,p、45.
Notes:1)():increaseratiobetweenlg70andl987.
2)NorthAmerica:thcUS、andCanada・
ASEAN:Thailand,Malaysia,IndonesiaandthePhilippines,
NIES:SouthKorea,Taiwan,HongKongandSingapore・
FigureLEvolutiomoflntra-Asia-PacificTrade
littoralregionofChinaisenteringgraduallyintothispoleofgrowth
Ontheotherhand,GreaterEuropeisabsorbing,ashasbeenmentionedearlier,
theEastEuropeancountriesand,inthefUture,theSovietUnionTheywillbe connectedaroundthecoreoftheEEA(EuropeanEconomicArea)whichwillbe fOrmedbytheEECandEFTAcountries,GreaterEurope,witha700million population,willhave$800billionintotalGDPwhichwillexceedthe$500billion oftheUS.、ApartfiFomthefallofthesocialisminEastEuropeasahistorical
exception,WestEuropehasenjoyedsincetheendoftheWararelativepolitical
stabilitythankstoitssocialandeconomichomogeneity・TheweaknessesofWest Europewere,however,alsoclear:theeqpnomycouldnotdevelopcompetitive fOrcesnordidastrongdynamismSeedsofvitalpower,researchers,e"Zグビpre"ewT orcapitalfOrexampIe,didnotceasetogoacrosstheAtlanticandtodrainout towardNorthAmericaFuthermore,Europecouldnotgowiththetideof``softnomics,,inthel980s,andthegapofintemationalcompetitivenessbetween EuropeandtheAsia-Pacificregionhaswidenedenormously
Theessentialreasonforthisrelativeeconomicweaknesscanbeattributedtothe
Europeandevelopmentpattempursuedthroughtheperiodofrapidgrowthofthe
late1970s・Tocopewiththerapidexpansionofdemandandscarcityoflabour,theEuropeandeveIopedcountriesintroduced,inamassivefashion,perhapsmorethan
5millionimmigrantlabourersfromSouthEurope,Turkey,Yugoslaviaandthe Maghrebregion,aswelIasfromblackAfricancountries、TheseworkerswerewillingtobeemployedfOrIowerwagesthandomesticworkersTheEuropean economyhascometodependonpricecompetitivenessbasedoncheaplabour,
neglectinglaboursavingeffOrtsinordertoupgradeindustrialstructures・In
contrastwiththisinvoIvementofimmigrantlabourwithinWestEurope,Japan,in thisperiod,didnotabsorbimmigrantlabourers・Thisispartlybecauseitdidnotyet allowfOrcheapairtransportationwhichmightenableSouthEastAsianimmigrants
toUytoJapanoverthewidePacificOcean,butprincipallybecausethereexisted unresolvedpoliticalanddiplomaticproblemswithneighboringcountriessuchas SouthKorea,TaiwanandChinalnordertoleapoverthehurdleoflabourshortagecrisisduringrapidgrowthperiod,Japanwas,therefOre,obligedtoinvest intensivelyinintroducingautomationequipmentsuchasrobotsandcomputersinto
-91_
theproductionsystem・
TheMediterraneanRimencouragedthe“internalization,,ofimmigrantlabourin Europe;thelargePacificbasinforcedJapanesefirmstoIaunchinto‘Micro- ElectronicRevolution,,andafterward,facinganapparentlycontinualappreciation oftheyenyjF-d-yなtheU.S・dollar,toshiftitslabourintensivesectorstotheNIES andafterwardstheASEANcountries・ThisprocesscouIdbecalledthe
"extemalization”ofimmigrantlabourinJapan・Asiandynamicdevelopmenthas beenstimulatedbythisJapanese``export”ofgradualIyupgradingmanufacturing facilitiestoitspartnercountries・Forunately,thToughthisperiodofthel980s,the US・couldlargeIyabsorb,bymeansofacceleratedprocessofde-industrialization,
manufacturedexportsfromnewlyindustrializingcountriesinEastAsia・Becauseof this,theAsiandevelopmentpattemiscaIledsometimes“Hyinggeesedevelop-
ment,,、
InEurope,becauseof“intemalization”ofcheaplabour,anyclearaxisofvertical divisionoflabourhasnotbeenfbrmed・RatherthecoreregionofWestEuropeis coveredbyanintensivenetworkofhorizontaldivisionoflabour,inotherwords,
themutualopeningofeachnationalmarketfOrmanufacturedgoods、Certainly,
corenationsaretryingtodevelopsomeverticallinkageswithMediterraneanstates,
butthisisaratherrecentphenomenonsincebeingfacedwith“1992,,.Now expandingitsrangetoEastEuropeandalsoto,inthefuture,somepartofthe SovietUnion,Europecanratherexpectapotentialdevelopmentinverticaland horizontaldivisionoflabourinthelongrunOneseriousproblemmaybecaused byapossiblewaveofimmigrationduetothedisintegrationoftheSovietEmpire・
BecausetheWestEuropeancountrieswillbefOrcedmorethanonceto
"internalize,,severalmillionrefugeesorimmigrantscvenastheysufferfiFoman unemploymentcountofl5millionincludingtheadditional2millionEastern Germanworkerswhowerelaidoffreccntly
TumingbacktoUS.-EuropeanreIations,theinteractionbetweentheU.S・and EuropeisactivatedfOrthetimebeing,byeventsrelatedtoeconomicintegrationin l992・ItisinevitablethattheUS・shoulddisengagefromEuropemilitarilyand politicallyaswellaseconomically・IntheU.S、,“westemization,,,theshiftof economicactivitiestowardsthePacificstateslikeCalifOmaorWasbington,tums theUS.,moreandmore,intoaPacificcountry・Infact,theamountoftrans‐
Atlantictradewasexceededbytrans-Pacifictradeinl985andsincethenitsgaphas becnwidening(Figure2).ConcemingAmericancorporations,theymustcopewith theglobalizationoftheeconomyandworldwideeconomicinterdependenceButif theyareobligedtochooseapartneroramarketbetweentheopenmindedPacific andanintrovertedEurope,theirchiocemaylieinmanycaseswiththePacific lnthemilitaryfield,theUS,mustwithdrawitstroopsfromEuropebecauseof increasingFederalbudgetproblemsand,aboveall,becauseoftheintensificationof East-Westdピ、"!e・IntheUS.,asidefromtheoutburstoftheGulfWar,peopIedo notceasetodemanda“peacedividend,,、Asaresult,thedefenseofEuropewill become,inthelongrange,irresistiblyEuropeanlftheU.S、losesitsfOotinginthe
NATO,theywillnotbeabletosecureonespecialrightofpresenceinEurope24).
Asonereaction,theUS・isplanningtostrengthentheNorthAmericanFreeTrade
ZonebetweentheU.S・andCanadaandalsoinnearfuturewithMexicoProblems
comefromthefactthatfreetradebetweentheU・SandCanadahavealready
-92-
THEIMPACTOFECMARKETINTEGRATIONANDEASTEUROPEANLUBFRALIZATTONONASIA-PACIFFIC ECONOMIES
$bllIIon 30C
250
200
150
100
50
019731975197719791981198319851987
1974197619781980198219841986 Source:Oaik6町、、,SeptU990,p、46.
Note:Trans-Pacifictrade:totalamoumtoftradebctweentheU.S,Canada,andLatinAmericaas onepartandJapan,Australia,NewZealand,theASEAN,andtheNIESastheotherpart・
Trans-Atlantictrade:totalamountoftradebetweentheU.S,,Canade,andLatinAmericaas onepartandWestEuropeandAfricacxceptSouthAfricaastheotherpart・
Fignlre2・TheTrans-PacificTradeExceedstheTrans-AtIantictrade
existedforlongtimefOrmotorvehiclesandcarcomponentsandsofUrthertrade diversioneffectswouIdbelargelylimitedFurthermore,inCanadaaswellasin Mexico,almostallbigenterprisesareinfactpossessedorcontrolledbyAmerlcan
capitaLYettheestablishmentofa``ContinentalEconomy,,hasnotseemedtoyield
moreadynamiceconomy・
ThelastproblemweshouldmentionisthattherelationsbetweenEuropeand
AsiahavelonglackedculturalsympathyfOreachother・Eveneconomicrelationshavearelativelyshorthistory・ForJapanesetraderelationswithEuropereaIly beganinl974,whichoccurredunfOrtunatelyaIongsidethefirstoilcrisis・Therapid JapaneseeconomicadvanceandthetakeoffofexportstowardsEuropeinthe
NIESintensifiedsincel979,whichoccurredalongsidethesecondoilcrisiswhen Europeancountriesbegantosufferfromthe“Euro-pessimism,,、TheeconomicrelationsbetweenJapan,aswelIastheNIES,andEuropeopenedinanuntimely faShion、FuthermoretradesitemsinbothsidehavecompetitivecharactersIacking
inabilitytocomplementeachother,sothattherelationshipisalwayscharacterizedbytensionTheU.S,canexporttoJapanfOods,raw、aterials,jumbojetliners,
militaryequipmentaswellasothermanufacturedgoods;Europecannoteasily assureamarketinJapanfOrthoseitemsbecauseofgeographicalandpolitical handicaps・Inthecaseoffoods,Europeantransportshipsarehandicappedbyits longvoyagecrossingtheline;inthecaseofhugemanufacturedgoods,Europedoes
-93-
notshareanymilitaryalliancesorspeciaIpoliticalrelationswithJapan,
TheemergenceofGreaterGermanyis,byconsolidatingthecoreofEuropean
economyonthewhole,apreferabledevelopmentforJapan、But,asmentioned above,AsiandevelopingcountriesfeeIacertainconcemabouttheintensification ofintroversioninEuropewhichwiIIhaveastrongimpactonthevulnerabletrade andcapitalinvestmentrelationsbetweenAsiaandEurope、Ontheotherside,however,peopleareworriedUystrongJapaneseoverpresenceintheSouth-East
AsiancountriesjustasEastEuropeanpeopleareafraidoftheinfluenceofa GreaterGermany・OnesolutionisfOrJapantotrytomakeinroadsintothe marketsofEastEuropeandtheSovietUnion,andreciprocallyGermanyandother WestEuropeancountriesshouldmoveintotheAsia-Pacificbasin、IfJapanand WestEuropeanstatesengagedincooperationandcoalitioninthethirdcountries,it willbeofgreatsignificanceinpreparingthenewinternationaleconomicorder,
irrespectiveofwhetherabipoIarsystemoratwoandone-halfpolarsystem
emerges.
Notes
1)MinistryofFinance,Sq/}"omjcsFbノノow叩ノノ"kaiH6kok皿(SoftnomicsFollowup Committee,sReports),1984-85.
2)Dertouzos,MichaelL・era/、,Madej〃Amerjca,HarperPrennial,NewYork、1989、
ppl9and149.
3)Osabe,Shigeyasu,Y6roppaDenshisangyOtoNihonkigy6noShinshutu(European electronicsindustryandimplantationofJapanesecorporationsinEurope),inlnstitut ofComparativeEconomicStudies,HoseiUniv、e。.,M/IC〃DC"3h曲α"8yd〃oKajgai SjlzsMm(ImplantationabroadofJapaneseelectoronicscorporations),HoseiDaigaku Shuppamkyoku,Tbkyo、1987.
4)Osabe,Shigeyasu,92nenKeizait6g6noHikaritoKage(Lightandsombreinthe economicintegrationinl992),inル卿。(Jurist),、0961,1-15August1990.
5)T1heE”Opea〃C/jαノノe"geI992,WildwoodHouse,Hants,1989,p94.
6)Emerson,MichaeIe'αノ,7WeEco"omics〃ノ9,2,OxfordUnivPrcss.,Oxford,1988, p264.
7)Bird,RogerCandStevenZelIer,Gノ06αノEノツi2c灯q/E"mpel992,cjtparS6mus O,CI6ireacdin,Europel992andgapsintheEC'scommoncommercialpolicy,in ノリ"、αノq/・Commo〃Mα'kaSlHdjes,Marchl990.
8)Smith,AIistairandVenablcs,AnthonyJ.,Thccostsofnon-Europc,inReFea比/、〃
’he,CoFrq/Ⅳolz-EHmpe,,Brussels,1988,ch5,ciZparS.O,CleiTeacain,Op・Cit.
,)Djjm,pp206-207.
10)See,Rollo,JMD.αロノ.,、ビノVewE“rer〃Europe:WCsterlzRespollses,Pinter,
London,1990.
11)See,TheRusiansarecoming,in(heEco"o、血ハ200ct、1990;Lendval,Paul,Eastern Europe:Iiberalismvs・nationalism,inThewo〃dmdcJy,July1990.
12)Osabe,Shigeyasu,AratanaAidentitiwoMotomeruEC(TheECinsearchofitsnew identity),inGaMc6"'"、(DipromacyForum),Sept、1990;Lucron,Claude-Pierre,
VersI,espaceeconomiqueeurop6en,I,Europedudeuxiemecercle,inRew4ed皿 川α"h6Cbmmo"・no、339.aodt-s6pt、1990;Schmieding,Holger,AconceptfOrapan-
-94-
THEIMPACTOFECMARKETINTEGRATIONANDEASTEUROPEANLlBERALIZATIONONASIA-PACIFFIC
ECONOMIES
Europeaneconomicintegration,inE"mpeQ〃A仇jres,n0.3.1989.
Wallace,William、/uenzmq/b「"7口"o〃q/WEF'2mE皿、PC,Pinter,London1990,p4.
ノWho〃KeizajShjmb皿〃(JapanEconomicJoumal),13Junel990
Djlm,17NOM1989.
Di"o,l3Junel990 EノPmS,gmayol990,
Islam,Shada,ECearmarksaidpackagefOrAsia,onthereccivingend,inFtJrE“[Br〃
ECO"omjcRepiew,Z4Mayl990・
Smith,Michel,W“rer〃E皿ropeq"dfheU"jZedSmles,GeorgeAllens,London,1984.
p59.
Osabe,Shigeyasu,JidainokiwddowakyOhen(CuITentkeywordis`rapidchange,),in
S(J"Sam,Augustl990
Garreau,JoeIm/Te/Vi"eMJrjO"sqWVorf/uAme"cα,AvonBook,NewYork,1981.
1,France,so-calIed‘newAtlantists,insistonthebipolaTizationoftheworldSee,
Attali,Jacques,Ljg"Cs。,jWrjzo",Fayard,Paris,l99qAndalso,EtTillard,Gilleset Sureau,Fran9ois,Aノ'ESノcmMo"。e,Fayard,Paris,1983.
InstitutduPacifique,LePac(/li9Ⅲe:ノVOz〃eamCe"/花d〃Mo"。e,Berger-Levraut,Paris,
jjj1jj 345678 111111
19)
20)
21) 22)
23)InstitutduPacifique,LePac(/li9Ⅲe:ノVOm 1986,chL
24)See,Osabe,JidainokiwAdo,op・CIL
-95-