Until the 1980s, Europe-East Asia relations were eclipsed by those between East Asia and North America. However, Europe-East Asia interaction has greatly accelerated in the 1990s. As a result, the volume of trade between the two regions has come to surpass that of Europe and North America. The volume of investment between the two regions has also increased gradually. Against this background, the launching and development of ASEM signifies the beginning of serious efforts to promote closer and cooperative economic relations between Europe and East Asia.

This book is a compilation of the papers and comments from the Seminar on Europe-East Asia Economic Relations held in Seoul on October 30-31, 1997, organized by the Korea Institute for International Economic Policy (KIEP) in collaboration with the Friedrich-Ebert-Stiftung (FES) of Germany. Held right at the onset of the Korean financial crisis, this seminar reviewed Europe-East Asia economic relations in a long term perspective, focusing on opportunities for closer trade and investment between the two regions.

Foreword, Soogil Young

I. Introduction and Overview, Baksoo Kim

II. Europe-East Asia Trade Relations
1. Europe-East Asia Trade Relations: an East Asian, Perspective,Sang Kyum Kim
2. Trade Relations between Europe and East Asia:A Europen PerspectivePeter
Nunnenkamp, Comments
: Taeho Bark,Diana Brand,Inhun Choe, Honggue LeeJean-Marc Colombani

Ⅲ. Europe-East Asia Investment Relations: European Perspective
1. Investment Relations between Europe and East Asia
: A European PerspectiveDiana Brand, Comments :Sunghoon Park, Chongkeun Won

IV. Europe-East Asia Investment Relations: East Asian Perspectives
1. Europe-Japan Investment Relations, Shujiro Urata Comments:
PeterNunnenkampYunjong Wang
2. Europe-Korea Investment Relations, Inkyo Cheong
3. Europe-Taiwan Investment Relations: How Europen FDI Firms Differ from
American or Japanese? ,
Ray B. DawnComments: Alain Bellissard, Kim Younghan
4. Europe-ASEAN Investment Relations, Kim Ong Giger
5. Europe-China Investment Relations, Wen Hai Comments: InSoo Kang, IckSoo Kim

V. Europe-East Asia Economic Relations: Policy Challenges , General Discussions
1. German Perspective, Florian Schuffner
2. Japanese Perspective, Shujiro Urata
3. Korean Perspective, Jong-Nam Oh
4. French Perspective, Jean-Louis Latour
5 British Perspective ,Colin Crooks
6 Taiwanese Perspective,Ray B. Dawn
7 ASEAN's PerspectiveSiow Yue Chia and Kim Ong-Giger
8 Chinese Perspective,Wen Hai
9 EU's Perspective, Jean-Marc Colombani

Appendices

Luncheon Speech, Korea-Europe Economic Relations: Issues and ProspectsTae Sik
Lee

Dinner SpeechAsia and Europe: Towards a Common Prosperity in the 21st
CenturyCae-One Kim

Program

List of participants