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The Asia-Europe Meeting (ASEM), officially established in 1996, is an inter-regional forum consisting of the 15 member states of the European Union and the European Commission, 7 member of the 10 states of ASEAN and China, Japan and South Korea. In this important volume academics from Asia and Europe examine the level of engagement between both continents and highlight how the ASEM process has been conducive in enhancing the political, economic and cultural ties between the various Asian and European countries. They address questions such as: how does the euro fit in the developing East Asian monetary cooperation; how does ASEM influence the process of East Asian identity building and what is the ASEM factor in the formulation of the new foreign policy of China? ASEM is wrongly a little known process because it plays a key role in formulating the emerging multilateralist world order of the 21st century.
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