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[This chapter contains two case studies of regional cooperation within Southeast Asia. The network analysis of ASEAN demonstrates that the region is dependent on extra-regional trade with the EU and the USA, but also with China and Japan. However, the region is not dominated by a single regional power, but by the four member states Indonesia, Malaysia, Singapore, and Thailand, each with comparable economic weight within the region. As a result, none of the ASEAN member states is ‘naturally’ privileged in its economic relations to extra-regional partners. Thus, regional defection in order to protect extra-regional economic privileges becomes less likely.]
Published: Nov 26, 2016
Keywords: Member State; International Monetary Fund; Trade Agreement; Regional Integration; Regional Cooperation
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