Economic Diplomacy and Influence on Stock Market Expectation: A Case of the EU and Chinese Summit Talks' Influence on the Aviation Industry

During the last couple of decades, Japan, Korea, and China have undergone a highly dynamic process of economic development, which enabled them to occupy highly influential positions in the global community. Globalization had been one of the key drivers of East Asia's rise, but eventually, East Asia also became a key force for the evolution of ever more complex global value chains and a highly interdependent global economic system. In the early years of the 21st century, however, when a global de-coupling rather than increasing globalization appears to have become the paradigm of the day, East Asian countries need to re-define their role in the global system, re-calibrate their societal models and adjust their socio-economic development structures appropriately. This Festschrift brings together a selected group of world-renowned scholars committed to the analysis of contemporary socio-economic developments in East Asia, and the changing roles and attributes of firms, institutions and the state in East Asia.