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ASEAN Business in Crisis
This book outlines the events leading up to and during the Financial Crisis of 1997 and assesses the responses of the financial contagion.
eBook
The Impacts of Air Pollution on Health and Economy in Southeast Asia
The accessibility of cheap fossil fuels, due to large government subsidies, promotes the accelerated gross domestic product (GDP) per capita growth in Southeast Asia. However, the ambient air pollution from fossil fuel combustion has a latent cost, which is the public health issues such as respiratory diseases, lung cancer, labor loss, and economic burden in the long-run. In Southeast Asia, lung cancer is the leading and second leading cause of cancer-related death in men, and women, respectively. This nexus study employs the panel vector error correction model (VECM) and panel generalized method of moments (GMM) using data from ten Southeast Asian countries from the period (2000–2016) to explore the possible association between emissions, lung cancer, and the economy. The results confirm that CO2 and PM2.5 are major risk factors for lung cancer in the region. Additionally, the increasing use of renewable energy and higher healthcare expenditure per capita tend to reduce the lung cancer prevalence. Governments specially in low oil price era, have to transfer subsidies from fossil fuels to renewable energy to create a healthy environment. Furthermore, cost creation for fossil fuel consumption through carbon taxation, especially in the power generation sector, is important to induce private sector investment in green energy projects.
Journal Article
The foundation of the ASEAN economic community : an institutional and legal profile
\"ASEAN has undertaken the complex task of creating a single economic entity for Southeast Asia by 2015 in the form of the ASEAN Economic Community (AEC), but without regulators or supranational institutions, its implementation has been an inconsistent process. Through comparisons with the EU and NAFTA, this book illustrates the shortcomings of the current system, enabling readers to understand both the potential of regional economic development in ASEAN and its foundational and institutional deficiencies. The authors' analysis of trade in goods and services, investment, and dispute resolution in the AEC indicates that without strong regional institutions, strong dispute resolution or a set of norms, full and effective implementation of the AEC is unlikely to result. The book offers clear solutions for the ASEAN institutions to help the AEC reach its full potential. Written by two leading practitioners, this insightful book will interest policymakers, students and researchers\"-- Provided by publisher.
Book
Coercive Pressures and Anti-corruption Reporting: The Case of ASEAN Countries
This paper aims to investigate the extent of anti-corruption reporting by ASEAN companies and examine whether coercive factors influence the level of disclosure. The authors adopt indicators from the Global Reporting Initiative version 4.0 to measure the extent of anti-corruption disclosures in 117 companies' reports. Informed by a coercive isomorphism tenet drawn from the institutional theory, the authors propose that several institutional factors influence the extent of their voluntary disclosures. The findings reveal that a large degree of variability difference between the average levels of anti-corruption disclosure in Thailand (434 words) and the Philippines (149 words). The dependence on government tenders and foreign ownership are associated with the level of disclosure. Surprisingly, the United Nation Global Compact membership is not a significant determinant of anti-corruption reporting. This signifies that the membership in the international initiative does not correspond to individual company's commitment to disclose anti-corruption information. In spite of significant efforts undertaken by global organizations to combat corruption, the level of anti-corruption disclosure is significantly different among the four countries under study. The disclosure of sensitive information such as the confirmed incidences of corruption cases requires careful consideration by the top management as it is subjected to legal implications and reputational risks. Thus, impression management can complement the coercive pressure in explaining the level of anti-corruption reporting. This study is among the first studies which explores the association between coercive factors and the level of anti-corruption disclosure in ASEAN region.
Journal Article
The ASEAN comprehensive investment agreement : the regionalisation of laws and policy on foreign investment
The International Investment regime is one of the fastest growing areas of international economic law which increasingly rely on large membership investment treaties such as the ASEAN comprehensive Investment Agreement. This book comprehensively examines the role of this specific agreement and situates it in the wider trend towards the regionalisation of laws and policy on foreign investment.
Book
Strengthening ASEAN Food Security in Facing the Threat of Crisis in The Era of Globalization
Purpose: The paper is aim to analyze the cooperation among ASEAN countries in terms of information exchange, agricultural technology, and strategies to deal with food crises is essential. This paper also discusses efforts to strengthen ASEAN food security in the face of the threat of a global crisis. In general, the global food crisis in 2007-2008 triggered food insecurity in many countries.
Methods: Literature review method involves systematically identifying, recording, understanding, making meaning of, and transmitting information relevant to a particular topic of interest. It is considered a method because it encompasses specific approaches and procedures for conducting a review of existing literature. The literature reviewer selects from a variety of strategies and procedures to gather and analyze information, similar to how a researcher would approach a research study.
Result and Discussion: ASEAN countries' cooperation in the context of food security involves the exchange of information, agricultural technology, and strategies to overcome food crises. ASEAN has developed initiatives such as ASEAN Plus Three to strengthen cooperation in agriculture and food security. Furthermore, agricultural research in ASEAN focuses on developing crop varieties that are more resistant to pests, diseases and climate change. This research also involves the use of innovative agricultural technologies to increase productivity, such as smart irrigation systems and sensor-based farm monitoring. The utilization of military capabilities and research efforts that can support the strengthening of food security can be a reference for various countries to always be ready to face the dynamics of the global crisis.
Implication of the research: Sustainable agricultural practices, investing in agricultural technologies, and promoting policies that support food security at both local and global levels. By implementing a combination of these technical solutions and strategies, food security challenges can be addressed and a more secure future can be realized.
Originality/value: The utilization of military forces and research efforts that can support the strengthening of food security can be a reference for various countries to always be ready to face the dynamics of the global crisis.
Journal Article