This paper seeks to explain the contradictory pattern of cooperation within ASEAN. To do so, it starts from a conventional empirical puzzle: Why do ASEAN member states translate their intent of regional cooperation into institutional designs that are incapable of coping with those problems the...

Southeast Asia has long been known as a particularly dynamic part of the global economy. In 2007 the leaders of the ten member states of the Association of Southeast Asian Nations further agreed to accelerate the project to complete a single market or “ASEAN Economic Community” by the end of...

This study investigates the potential trade flows between countries of South, East and South East Asian region as a result of tariff liberalization using the GTAP-model. The study reveals that tariff liberalization has positive effects on all country groupings of South, East and South East Asian...

In September 1981 Canada and the Association of Southeast Asian Nations (ASEAN) signed the first economic co-operation agreement between ASEAN and an individual country. The Agreement was indicative of the changing focus in Canadian international economic relations towards the Pacific area. It...

In recent decades, Southeast Asian economies have prospered through an outward-oriented strategy, through intra-regional integration under the Association of the Southeast Asian Nations (ASEAN) initiative and through participating in the East Asian production networks. In the 1970-80ś, South...

This paper examines the inter-relationships between subregionalism, regionalism, and multilateralism using the Greater Mekong Subregion (GMS) and the ASEAN Free Trade Area (AFTA) as case studies. In particular, we look at whether subregionalism or regionalism can assist a country in moving...

Regional economic integration is both a deregulatory project, involving the removal of barriers to the movement of goods and services, as well as a re-regulatory project, involving the adoption of common economic, social, and environmental standards to enable the market to function. The removal...

This paper examines capital controls in two ways. First, it assesses whether capital controls have an economic justification within the context of an economyâ  s and, in particular, its financial sectorâ  s stage of development. It concludes that capital controls can be justified...