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The Asean Economic Community And Beyond - Myths and Realities (Paperback)
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The Asean Economic Community And Beyond - Myths and Realities (Paperback)
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The year 2015 has special significance for regional economic
integration. The ASEAN Community, integrating the political,
economic and social aspects of regional cooperation, will complete
its first milestone by December 2015. Expectations of tangible
benefits under an ASEAN Economic Community have attracted much
attention though many of the initiatives will be realized
post-2015. Following the policy of open regionalism, ASEAN has also
signed free trade agreements with Australia, New Zealand, China,
India, Japan and South Korea. It has launched negotiations for the
Regional Comprehensive Economic Partnership (RCEP) agreement in
2013, with expected breakthrough by end-2015. The Southeast Asian
economies are also involved in two other regional initiatives.
First is the Trans-Pacific Partnership (TPP), initiated by the
United States. As part of the U.S. ""pivot to Asia"", the TPP is
envisioned as a ""comprehensive and high-quality"" agreement and
has concluded its negotiation in October 2015. Second, the
discussions on regional connectivity have broadened; China has
emerged as a recent lead proponent with its proposals for ""One
Belt, One Road"" and the Asian Infrastructure Investment Bank. All
these together have implications not only for individual Southeast
Asian countries but also for regional trading architecture. To aid
in understanding the beginnings, development, and potential of
these grand plans, this collection of 22 essays offers a rich
analysis of ASEAN's own economic integration and other related
initiatives proliferating in the broader Asia-Pacific region
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