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The ASEAN Economic Community: Progress, Challenges, and Prospects

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  • Siow Yue Chia

Abstract

Serious efforts at economic integration among the Association of Southeast Asian Nations (ASEAN) members started only in 1992. Initial obstacles included the widespread pursuit of import substitution policies of industrialization, the small extent of intra-ASEAN trade, and the wide differences in economic size, development level, and industrial competence giving rise to widely divergent perceptions of benefits and costs of integration.

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  • Siow Yue Chia, 2015. "The ASEAN Economic Community: Progress, Challenges, and Prospects," Working Papers id:6693, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:6693
    Note: Current Affairs
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    References listed on IDEAS

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    1. Prema-chandra Athukorala, 2011. "Production Networks and Trade Patterns in East Asia: Regionalization or Globalization?," Asian Economic Papers, MIT Press, vol. 10(1), pages 65-95, Winter/Sp.
    2. Siow Yue CHIA, 2011. "Association of Southeast Asian Nations Economic Integration: Developments and Challenges," Asian Economic Policy Review, Japan Center for Economic Research, vol. 6(1), pages 43-63, June.
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