Suchergebnisse

Cakrawala : Jurnal Penelitian Sosial. Vol. III No. 2 Nopember 2014, p. 249-268 ; European economic integration and unity of this currency leaves form a very significant ketergantungan among its members, so that a crisis was enough to shake the stability between the countries members of the other. Basically the single currency system seems to be double-edged blade for the European Union. On the one hand so profitable and increase the bargaining positions of European countries, but on the other hand is potentially detrimental. One reason is because of the level of adaptation of a State. Not all countries have a great economy to enter the euro zone. The existence of this single currency system to make the countries in the European Union will become vulnerable to a crisis. This is what led to the crisis that occurred since 2008 is so easily spread to countries in Europe. This research focuses on the policy decision taken by the third country in the European Union, namely Germany, France and the United Kingdom. Domestic political factors of history, and also the economic power of these countries also affect how the policy making process to rescue Greece from the crisis that is increasingly spreading to other European countries. The main purpose of the discussion of this paper is to provide new information concerning the handling of crisis from a process whereby policies domestic factors also gives countries a great influence, it also gives a view that Constructivist Theory is able to provide a view of the case.

This study addresses the two-fold question of whether the integration-liberalization process of ASEAN is headed towards the creation of a single production base region, and how ASEAN links with other trade blocks. It looks into the degree of intra-ASEAN and extra-ASEAN vertical integration vis-à-vis North America, East Asia, and the European Union through the measurement of value-added creation-absorption in global value chains (GVC) and by locating ASEAN within vertical structures. The study employs an international input-output database and breaks up gross exports into different components of value-added using data from 1997, 2004, and 2012. ASEAN has made significant gains in integrating with East Asia. However, ASEAN as a single production region has gained little, and even lost share in value-added trade with NAFTA and Europe. The truth is that ASEAN has a stronger role across the GVC as a supplier of intermediate goods (33%) than as a supplier of final goods (30%). Vertical structures represent more than 43% of ASEAN gross exports, but it still depends on foreign parts and components (35%) to produce its exports. It may be argued that ASEAN + 6, which entails a wider scope of integration, might offer larger benefits to the ASEAN project.