Asia and Europe have taken differing approaches to economic integration, with Asia choosing loose economic cooperation based on bilateral and regional economic agreements, such as on trade, investment, and financial integration, and Europe choosing to strengthen institutionalization. The Association of Southeast Asian Nations is the only regional grouping pursuing integration toward a common market in Asia, while Europe is otherwise integrated through the European Union and its single currency. Economic Integration in Asia and Europe highlights the important economic integration trends and processes in the two regions.
Economic Integration in Asia and Europe: Lessons and Policies | Asian Development Bank (adb.org)
