The economies of the six countries of ASEAN are small in comparison to that of the United States; together the ASEAN GDP is about 5 per cent of the US GDP. However, their rapid growth in the 1970s and early 1980s, and outward orientation make them more important than their sall size would indicate. This book covers topics such as trade in goods and services, intellectual property rights, investment, US ansd ASEAN economic outlook and recommendations for framework agreement.

The Association of Southeast Asian Nations (ASEAN) is strategically significant because of its size, dynamism, and role in the Asian economic and security architectures. This paper examines how ASEAN seeks to strengthen these assets through "centrality" in intraregional and external policy decisions. It recommends a two-speed approach toward centrality in order to maximize regional incomes and benefit all member economies: first, selective engagement by ASEAN members in productive external partnerships and, second, vigorous policies to share gains across the region. This strategy has solid underpinnings in the Kemp-Wan theorem on trade agreements. It would warrant, for example, a Trans-Pacific Partnership (TPP) agreement with incomplete ASEAN membership, complemented with policies to extend gains across the region. The United States could support this framework by pursuing deep relations with some ASEAN members, while broadly assisting the region's development.

Southeast Asia's interactions with China have tremendously transformed and prospered in the recent decades, with China becoming ever more present on Southeast Asian soil in recent history, touching all dimensions: economic, political, social, and cultural. The current ASEAN-China dynamics are remarkably different from the past, bearing both excitement and caution for watchers. In this context, the advent of China's Belt and Road Initiative (BRI) has added a new perspective to the nature of China's rise in ASEAN. As the various BRI projects continue to unfold in ASEAN countries, public concerns about the impact of these projects are on the rise.However, there has not been enough extensive study on this issue. This edited book contributes towards bridging the knowledge gap by facilitating experts from ASEAN, China, and beyond, to discuss, reflect, debate the ground realities of BRI based on the local governments' and local people's experiences and narratives. The chapters in this volume address various dimensions of the BRI, provide unique perspectives, empirical evidence, and updated information on the overall progress of BRI in ASEAN.

On 28 July 2008, the ASEAN Studies Centre and the Regional Economic Studies Programme, both of the Institute of Southeast Asian Studies, and the Konrad Adenauer Stiftung organized a roundtable on The ASEAN Economic Community Blueprint. The brainstorming session gathered Southeast Asian experts from the region to discuss the AEC Blueprint, which ASEANs leaders had adopted at their summit meeting in November 2007, and the prospects of any obstacles to its implementation by the target year, 2015. The roundtable started with a progress report on the AEC Blueprint given by S. Pushpanathan, Principal Director of Economic Integration and Finance, ASEAN Secretariat, Jakarta. Thereafter, the sessions examined the various aspects of the Blueprint tackling the non-tariff barriers, designing a comprehensive ASEAN Investment Agreement, a regional framework for competition policy, the role of infrastructure development in economic integration, the importance of international production networks in economic integration, etc.

Ch. 23. Encompassing the AEC blueprint into ASEAN's subregional frameworks : A commentary / Gary P. Krishnan -- Theme 4. Socio-cultural. ch. 24. Population ageing in ASEAN : Prospects and implications / Kang Soon Hock and Yap Mui Teng. ch. 25. Making ASEAN relevant to the young / Diana Lee. ch. 26. ASEAN and human capital / Faizal Bin Yahya. ch. 27. The ASEAN quest for greater engagement and commitment / Braema Mathiaparanam -- Theme 5. External relations. ch. 28. Lao PDR's role in ASEAN-China trade ties / H.E. Prime Minister Bouasone Bouphavanh. ch. 29. ASEAN's diplomatic importance to China / Sheng Lijun. ch. 30. ASEAN as a mover of Asian regionalism / Akiko Fukushima. ch. 31. What I have always wondered about ASEAN : A perspective from ROK / Lee Sun-Jin. ch. 32. India's place and ASEAN's primacy in the New East Asia / P.S. Suryanarayana. ch. 33. Reflections on regionalism : The ASEAN journey / Simon Murdoch. ch. 34. ASEAN and Latin America : Time for a vibrant connectivity / Paulo Alberto da Silveira Soares. ch. 35. Building a strategic partnership : A review of relations between ASEAN and the ILO / Ng Gek-Boo -- Theme 6. The future. ch. 36. The future of ASEAN : Obsolescent or resilient? / Amitav Acharya. ch. 37. How Can ASEAN stay relevant? / Joergen Oerstroem Moeller. ch. 38. ASEAN into the future : Towards a better monitoring and evaluation of regional co-operation programmes / Azmi Mat Akhir. ch. 39. Strengthening the foundation for an ASEAN community / Wilfrido V. Villacorta