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This paper is part of the Philippine study for the ERIA project on the Mid-Term Review (MTR) of the ASEAN Economic Community (AEC) Blueprint. A milestone in ASEAN economic cooperation is the Cebu Declaration on the Acceleration of the Establishment of an ASEAN Community by 2015 during the 12th...
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This study analyzes whether ongoing liberalization has resulted in more profound trade expansion for Indonesia versus regional partner countries. A gravity model is first employed to find whether regional trade agreements resulted in more significant intra-regional exports or diverted trade....
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