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Japan-ASEAN cooperation provides economic anchor amid turbulence

Partnership has emerged as engine of regional prosperity

| Southeast Asia
Leaders of participating nations at the ASEAN-Japan Summit in Phnom Penh on Nov. 12: They rededicated themselves to economic cooperation.   © AP

Nobuhiro Hemmi is chief strategist and partner in the Japan practice of Monitor Deloitte, the strategy consulting arm of Deloitte, and author of the book "China-ASEAN Impact: The Economic Megazone on Japan's Doorstep."

The Association of Southeast Asian Nations and Japan will greet the new year by marking five decades of cooperation.

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