Thitinan Pongsudhirak is professor and director of the Institute of Security and International Studies under the faculty of political science at Chulalongkorn University in Bangkok.
Regional grouping has lost its luster as a force for trade liberalization

The venue for the APEC summit at the Queen Sirikit National Convention Center in Bangkok on Nov. 14: The reinvigoration of the group must be led by the private sector. © Sipa/AP
Thitinan Pongsudhirak is professor and director of the Institute of Security and International Studies under the faculty of political science at Chulalongkorn University in Bangkok.