ADBI Working Paper Series The ASEAN Economic Community: Progress, Challenges, and Prospects Siow Yue Chia No. 440 October 2013 Asian Development Bank Institute Siow Yue Chia is Senior Research Fellow at the Singapore Institute of International Affairs. The views expressed in this paper are the views of the author and do not necessarily reflect the views or policies of ADBI, the ADB, its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms. The Working Paper series is a continuation of the formerly named Discussion Paper series; the numbering of the papers continued without interruption or change. ADBI’s working papers reflect initial ideas on a topic and are posted online for discussion. Some working papers may develop into other forms of publication. Suggested citation: Chia, S.Y. 2013. The ASEAN Economic Community: Progress, Challenges, and Prospects. ADBI Working Paper 440. Tokyo: Asian Development Bank Institute. Available: https://www.adb.org/publications/asean-economic-community-progress-challenges-and- prospects Please contact the authors for information about this paper. Email:
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[email protected] © 2013 Asian Development Bank Institute ADBI Working Paper 440 Chia Abstract Serious efforts at economic integration among the Association of Southeast Asian Nations (ASEAN) members started only in 1992.