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b'The Association of Southeast Asian Nations (ASEAN) has delayed establishing an ASEAN Economic Community (AEC) by a decade as it strives to emulate the European Union and promote collective growth. \\n\\nThe AEC failed to reach agreement on 105 of 506 measures by its 2015 deadline. A successor blueprint, called the AEC Blueprint 2025, which lays out the work for ASEAN economic integration in the next 10 years, was adopted at the 27th ASEAN Summit in November 2015.\\n\\nBut economists question whether economic integration of such a disparate group of economies is feasible in scope and ambition. And even if possible, they question whether the AEC can do a better job of hastening reforms and binding ASEAN member states to their commitments at a time of increasing uncertainty and rising protectionist pressures in the global economy.\\n\\nSimply put, the ASEAN Economic Community Council needs to replace the so-called \\u201cASEAN Way\\u201d of doing business, which is consensus driven and any step can be blocked if one member doesn\\u2019t like the outcome. A whole way of thinking must change if 2025 is to amount to anything more than a date on a page.\\n\\nRead the transcript\\nhttp://bit.ly/2wVE1Qz\\n\\nRead the blog post\\nhttps://www.asiapathways-adbi.org/2017/07/will-2025-be-the-final-deadline-for-the-asean-economic-community/\\n\\nAuthors\\nJayant Menon, lead economist, Asian Development Bank\\nhttps://www.asiapathways-adbi.org/author/jayant-menon/ \\n\\nAnna Cassandra Melendez, consultant, Asian Development Bank\\nhttps://www.asiapathways-adbi.org/author/anna-cassandra-melendez/ \\n\\nKnow more ADBI\\u2019s work on ASEAN\\nhttp://bit.ly/2wVtzbJ'