Three features characterize ASEAN’s approach to regional economic
liberalization and integration, seen in both the AFTA project initiated
in 1992 and the current AEC project. First, ASEAN governments
have generally been forthcoming in initiating ambitious plans and
programs on economic cooperation and liberalization. Second, despite
ambitious commitments, implementation of these commitments has faced
problems, with member governments sometimes failing to meet set
targets and/or ignoring them, asking for revisions to original targets
and/or seeking exemptions from them. Third, ASEAN governments
have always preferred relatively limited institutional structures that
in the end are unable to impose stronger discipline on member
governments to adhere to the commitments, action plans and timelines
to which they themselves earlier agreed
Three features characterize ASEAN’s approach to regional economicliberalization and integration, seen in both the AFTA project initiatedin 1992 and the current AEC project. First, ASEAN governmentshave generally been forthcoming in initiating ambitious plans andprograms on economic cooperation and liberalization. Second, despiteambitious commitments, implementation of these commitments has facedproblems, with member governments sometimes failing to meet settargets and/or ignoring them, asking for revisions to original targetsand/or seeking exemptions from them. Third, ASEAN governmentshave always preferred relatively limited institutional structures thatin the end are unable to impose stronger discipline on membergovernments to adhere to the commitments, action plans and timelinesto which they themselves earlier agreed
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