The deepening and widening of ASEAN

Chia Yue

Journal of the Asia Pacific Economy, 1996, vol. 1, issue 1, 59-78

Abstract: ASEAN's formation in 1967 was motivated by political and strategic considerations and the economic co‐operation schemes in the first quarter century produced little impact. Since then there have been efforts to deepen economic integration and widen membership in response to global and regional geopolitical and economic changes. The ASEAN Free Trade Area and Growth Triangles are aimed at improving the region's competitiveness as a production base and investment location. Membership has extended to include Vietnam, and eventually the rest of Southeast Asia. None the less, ASEAN remains small in economic size relative to EU and NAFTA, and this has pushed it to pursue open regionalism and external linkages.

Date: 1996
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DOI: 10.1080/13547869608724576

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