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Regional Economic Cooperation of ASEAN Plus Three: Opportunities and Challenges from Economic Perspectives.

Regional Economic Cooperation of ASEAN Plus Three: Opportunities and Challenges from Economic Perspectives.
Budiono
Universitas Padjadjaran, Presented for lecture at School of International Studies, Kwansei Gakuin University, Osaka Kansai, Japan, 26-29 August 2013.
Bahasa Inggris
Universitas Padjadjaran, Presented for lecture at School of International Studies, Kwansei Gakuin University, Osaka Kansai, Japan, 26-29 August 2013.

The formation of regional economic cooperation has been intensifying during the last twenty years in many parts of the world. In Europe, the most advanced form of integration of European Union (EU)has been established since 1950-s, European Free Trade Association (EFTA), Central European Free Trade Agreement (CEFTA). In America there is North America there is North American Free Trade Area (NAFTA), Union of South American Nations (UNASUR), Central American Integration System (SICA). In Africa, there is African Union (AU), in Asia and the Pacific, we have more than 5 association of countries such as ASEAN Free Trade Area (AFTA), South Asian Association for Regional Cooperation, Arab League (AL), Caribbean Community (CARICOM), Pacific Island Forum (PIF), Asia Pacific Economic Cooperation (APEC) and some other new initiatives such as ASEAN Plus Three (APT) and many others.

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