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13 - Distinctive Visions of Economic Regionalism for East Asia, Europe, and the Americas

from Part II - Beyond the Three Orthodoxies

Published online by Cambridge University Press:  20 April 2023

Eric Helleiner
Affiliation:
University of Waterloo, Ontario
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Summary

This chapter examines some distinctive ideas about economic regionalism that emerged during the interwar years and the early 1940s. Some arose in the context of Japanese debates about a Greater East Asia Co-Prosperity, of which the most sophisticated was Akamatsu Kaname’s “Wild Geese Flying Pattern theory” of regional economic integration. Others were associated with post-1933 German designs for Europe’s economy, including “Schachtian” managed bilateralism (Hjalmar Schacht), fascist multilateralism (Walter Funk), and visions of a “great-space economy” (Friedrich Zimmermann). The final example comes from Peru’s Víctor Raúl Haya de la Torre who advanced a quite different anti-imperialist vision of regionalism initially through what he called “Indoamerican economic nationalism” within Latin America and then via a wider vision of “democratic Interamericanism without empire” that was inclusive of the United States.

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The Contested World Economy
The Deep and Global Roots of International Political Economy
, pp. 219 - 236
Publisher: Cambridge University Press
Print publication year: 2023

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