151. Covid-19 as a catalyst of asymmetric bilateralism: ASEM’s vulnerable position and economic salience as a saviour of the EU-Asia multilateral relations
- Author
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Laura Paíno Peña and Javier Martín Merchán
- Subjects
Salience (language) ,business.industry ,Corporate governance ,Political science ,Global health ,Position (finance) ,General Medicine ,International trade ,Stalemate ,business ,Centrality ,Multilateralism ,Bilateralism - Abstract
The unprecedented global health crisis caused by COVID-19 has unleashed individual, self-centredresponses in most states, including Asian and European countries. Multilateralism may be moreimperative than ever, but the Asia-Europe Meeting (ASEM) does not seem to epitomise a feasibleinternational platform to guide cooperation. This article attempts to assess whether the ASEM stillconstitutes a relevant instrument of intercontinentalism, as there seem to be indications suggestingthat EU-Asia relations will not abandon their apparent multilateral stalemate. In fact, ASEM couldrather deepen asymmetries between a highly institutionalised EU and an institutionally devoid Asia.Notwithstanding, the current pandemic offers ASEM an unprecedented opportunity to recover somesalience as a relevant multilateral EU-Asia platform, namely, the centrality of economics. Given theirremediable necessity to strengthen economic cooperation to alleviate the impact of COVID-19, this isa unique opportunity to strengthen connectivity as well as a multilateral cooperation and governancethat would otherwise blur.
- Published
- 2021