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Jakarta Post
The Jakarta Post
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Can ASEAN achieve economic community?

  • Kiki Verico

Canberra | Mon, December 24 2012 | 09:27 am

PREMIUM The history of regional economic integration in Europe tells us that an economic community is an essential stage prior to achieving a common market (CM).

Economic community begins with the free flow of goods (trade integration) to the free flow of capital (investment integration), then service sector liberalization and the free flow of people.

These are all necessary conditions for...