Asia-Pacific, East Asia, regionalism, globalization

There have been remarks on a new era associated with a shift of the center of global economy from the North-Atlantic to the Asia-Pacific region in connection with the developments in East Asia, most recently in India and China. The Asia-Pacific has subregional economic complementary potential while it is deeply divided in many aspects. The nature of this division makes the realization of 'Asia-Pacific century' a dreamscape to a large extent. The aim of the contribution is to shed more light on the limits of Asia-Pacific regionalism in juxtaposition with what has been called 'Asia-Pacific age'.