
August 24, 2021
The transformative potential of regional market integration for a large trading bloc is well exemplified by the European Union which started integration on a modest scale. The Association of Southeast Asian Nations (ASEAN) also started on a modest scale and has delivered benefits in terms of promoting growth through greater regional market integration, both within ASEAN and in Asia more generally. ASEAN however runs on different principles to the EU (though there are some similariti ...