Contents

Executive Summary 1

Managing ASEAN Economic Integration 5

Economic Freedom in ASEAN 10

Integrating Vision and Management 13

Why ASEAN's Economic Integration Matters to America 13

What the U.S. Should Do 14

Conclusion 14

Charts

Chart 1. Foreign Direct Investment (FDI) into East Asia 4

Chart 2. Stagnant Economic Freedom in ASEAN 11

Chart 3. Economic Freedom in ASEAN and the World 12

Table 1. Economic Freedom in ASEAN 11