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ASEAN Integration in 2030: United States Perspectives

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  • Heng, Pek Koon

    (Asian Development Bank Institute)

Abstract

The paper argues that United States (US) participation in the East Asia Summit (EAS)—regional integration architecture led by the Association of Southeast Asian Nations (ASEAN)—was motivated by four changes in the regional economic landscape: (i) the Asian financial crisis of 1997 and emergence of the ASEAN+3 grouping; (ii) the rise of the People’s Republic of China (PRC) as the leading regional growth engine and an active player in regional integration arrangements; (iii) the failure of the Asia-Pacific Economic Cooperation (APEC) arrangement to foster trade liberalization in the region; and (iv) the inability of the World Trade Organization (WTO) Doha Development Round to lower global trade barriers significantly.

Suggested Citation

  • Heng, Pek Koon, 2012. "ASEAN Integration in 2030: United States Perspectives," ADBI Working Papers 367, Asian Development Bank Institute.
    • Handle: RePEc:ris:adbiwp:0367
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    References listed on IDEAS

    as
    1. C. Fred Bergsten, 2007. "China and Economic Integration in East Asia: Implications for the United States," Policy Briefs PB07-3, Peterson Institute for International Economics.
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    More about this item

    Keywords

    east asia summit; eas; asean; asian financial crisis; wto; doha development round;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration
    • F18 - International Economics - - Trade - - - Trade and Environment
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other

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