An Evolving Asean

Download or read book An Evolving ASEAN written by Jayant Menon and published by Asian Development Bank. This book was released on 2019-09-01 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: The formation of the Association of Southeast Asian Nations (ASEAN) in 1967 was originally driven by political and security concerns. In the decades that followed, ASEAN's scope evolved to include an ambitious and progressive economic agenda. In December 2015, the ASEAN Economic Community (AEC) was formally launched. Although AEC has enjoyed some notable successes, the vision of economic integration is yet to be fully realized. This publication reviews the evolution of ASEAN economic integration and assesses the major achievements. It also examines the challenges that emerged during the past decade and provides recommendations on how to overcome them.