IN the minds of the economic architects of Asean in 2006 as they sat around the table crafting the economic future of the grouping, 2015 would see a region that would be economically integrated. Translation: the free movement of goods and services; and an even freer movement of capital and talents among the 10 member states.
Fast-forward six years and questions remain. In 2012 we see concerns over the eurozone and the future of European Community. Folks now question the viability of the Asean Economic Community (AEC). Is the AEC a good idea after all? Pronouncements have been made. A lot of effort has gone into breaking down trade and investment barriers among the 10 member states. With so much water under the bridge, is the AEC a face-saving fait accompli?
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