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ASEAN: Regional Economic Cooperation And Its Institutionalization

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Author Info
Hadi Soesastro () (Centre for Strategic and International Studies, Jakarta, Indonesia)
Abstract

This paper discusses the need to beyond the old `ASEAN way' and suggests the importance of further institutional deepening of economic cooperation in ASEAN, especially in the aftermath of the recent financial crisis. Hence, it suggests the need to develop of a `Common Market minus', in which ASEAN brings in areas or sectors that are excluded from liberalization under the umbrella of the integration project and let them be managed through a common policy approach by newly created "regional units." Yet, such a development need to be carefully crafted, based on clear principles.

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Publisher Info
Paper provided by Centre for Strategic and International Studies, Jakarta, Indonesia in its series CSIS Economics Working Paper Series with number WPE071.

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Date of creation: Aug 2003
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Handle: RePEc:sis:wpecon:wpe071

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Related research
Keywords: ASEAN; regional economic cooperation; institution building; ASEAN Vision 2020;

Find related papers by JEL classification:
F15 - International Economics - - Trade - - - Economic Integration

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This page was last updated on 2009-11-27.


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