TY - BOOK ED - Asian Development Bank Staff TI - Asean 2030 : : Toward a Borderless Economic Community SN - 9784899740513 U1 - 341.2473 ADB PY - 2014/// CY - Tokyo, Japan PB - Asian Development Bank Institute KW - Asean KW - Economic history KW - Southeast Asia KW - Economic policy KW - International economic integration N1 - Dec. 2014 N2 - Annotation This book investigates long-term development issues for members of the Association of Southeast Asian Nations (ASEAN). It finds that with the proper policy mixincluding domestic structural reforms and bold initiatives for regional integrationASEAN has the potential to reach by 2030 the average quality of life enjoyed today in advanced economies and to fulfill its aspirations to become a resilient, inclusive, competitive, and harmonious (RICH) region. Key challenges moving forward are to enhance macroeconomic and financial stability, support equitable growth, promote competitiveness and innovation, and protect the environment. Overcoming these challenges to build a truly borderless economic region implies eliminating remaining barriers to the flow of goods, services, and production factors; strengthening competitiveness and the institutional framework; and updating some governing principles. But ASEAN should not merely copy the European Union. It must maintain its flexibility and pragmatism without creating a bloated regional bureaucracy. The study's main message is that through closer integration, ASEAN can form a partnership for achieving shared prosperity in the region and around the globe. ER -