publication . Article . Preprint . 2015

ASEAN: Regional Integration and Reforms

Mari Pangestu; Lili Yan Ing;
Open Access
  • Published: 01 Sep 2015 Journal: Asian Economic Papers, volume 15, pages 44-60 (issn: 1535-3516, eissn: 1536-0083, Copyright policy)
  • Publisher: MIT Press - Journals
Abstract
Over recent decades, the Association of Southeast Asian Nations (ASEAN) has advanced a policy of regional integration, starting with the ASEAN Free Trade Area, followed by the ASEAN+1 free trade agreements with its six main trading partners, and now with ASEAN+6. For ASEAN to further advance regional integration in the East Asian context, it should continue to focus on trade in goods, investment, and services, to smooth out the process of trade creation and investment realisation. East Asian integration is designed not to be just an ‘extensive regional trade agreement’, but more a ‘responsive vehicle’ that consists of trade and investment commitments combined wi...
Subjects
free text keywords: Political Science and International Relations, Economics and Econometrics, Finance, ASEAN, integration, global value chains, free trade agreement, reforms, International free trade agreement, Trade barrier, Economic integration, Regional integration, Trade and development, Southeast asian, Trade creation, Business, International trade, business.industry, Free trade, International economics, jel:F1, jel:F14, jel:F15

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