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Opinion: Southeast Asia Faces Challenges Amid Global Protectionism

By M. Chatib Basri
ASEAN leaders gather in September 2016 in Vientiane, Laos, to commemorate the 25th anniversary of ASEAN-China Dialogue Relations. Photo: Visual China
ASEAN leaders gather in September 2016 in Vientiane, Laos, to commemorate the 25th anniversary of ASEAN-China Dialogue Relations. Photo: Visual China

The success story of the East Asian economy was about the connection between trade and industrialization — look at the cases of Japan, South Korea, China, Taiwan and Singapore. Trade-oriented industrialization drove regional economic integration through trade and investment — and integration into the world economy that was made possible by conducive global economic growth and a relatively open global economy.

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