Asean report maps road to financial integration

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The Association of South East Asian Nations (Asean), in conjunction with the Asian Development Bank (ADB), has put out a new report on progress towards their aim of creating an Asean Economic Community (AEC) by 2015 – calling for "full and complete capital account and financial services liberalisation" in order to ensure success.

The report, by a team of consultants led by Korean professor Yung Chul Park, who also advises the International Monetary Fund on the region, "identifies the required

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