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ASEAN Economic Community: Theoretical versus Practical Economic Integration

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  • Setyastuti, Rini
  • Adiningsih, Sri
  • Widodo, Tri

Abstract

ASEAN countries have committed achieving the ASEAN Economic Community (AEC) with the timeline set at 2015. Policy measures are being implemented based on the AEC Blueprint agreed upon 2007. However, concerns have been expressed that the regional integration project’s 2015 deadline will be missed due to an overly ambitious timeline and there are wide development gap in this region. This article critically reviews the progress that has been made, some of the potential problems, and suggests the next step for the AEC.

Suggested Citation

  • Setyastuti, Rini & Adiningsih, Sri & Widodo, Tri, 2018. "ASEAN Economic Community: Theoretical versus Practical Economic Integration," MPRA Paper 86919, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:86919
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    File URL: https://mpra.ub.uni-muenchen.de/86919/1/MPRA_paper_86919.pdf
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    More about this item

    Keywords

    ASEAN; integration; potential problems; AEC;

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

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