To create an Asia Union?

In Thursday’s class, we learned EU. I began to wonder if it is possible for Asian counties to create an Asia Union. The article “Could Asia Create an Economic Union” analyzes this issue from two perspectives. First, culture differences make it hard to create an Asia Union in a short time. Second, every country’s economy depends mostly on the courtiers which are outside of the Asian area making it hard for such a union to be profitable to Asian countries. Among the Asian countries that would not benefit China would probably gain the least. Therefore, they can not create a union very easily.

I agree with the author. If there is an Asia Economic Union, the dominant countries would be China, Japan, India, and South Korean. These four countries history stands in the way of them doing business. And political conflicts still affect the economic cooperation among these countries. Because Asian countries depend a lot on outside world, even though they want to create AU, they will get a lot of pressure or help from the counties outside of Asia. And I think it is hard to have a single currency in Asia. Dollar has a strong connection with RMB (Chinese currency) and Japanese Yen, a single currency may affect the dollar. Will America easily agree to create an AU?

The key in the long run is the cooperation. Asian countries need more strength as individuals before they decide to unite, because Asian countries are just as likely to compete with one another as they are to compete with the West. Some areas in Asia are prospering, but there are many areas that are not. If you consider Asia’s wealth in contrast to its population, you will notice that resources are very scarce. When resources are scarce you are much more likely to see competition, not cooperation.