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Regional Economic Integration: The Challenges Ahead

By: Severino, H. E. Rodolfo C. | ASEAN Economic Bulletin, August 2001 | Article details

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Regional Economic Integration: The Challenges Ahead


Severino, H. E. Rodolfo C., ASEAN Economic Bulletin


I should like, together with you, to trace the evolution of regional economic integration in ASEAN, examine its nature, define its current status, and put forward some views on what else needs to be done to advance its essential purposes; that is, as the title of this workshop suggests, what are today's challenges for closer economic integration in Southeast Asia.

In 1967, in this very city, ASEAN was founded for three interlocking and ambitious objectives regional peace, stability and prosperity. From the beginning, economic co-operation was to be a key to achieving these goals. At the time, the Indochina war was raging. The Cold War was threatening to wipe out the hopes of …

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