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"Southeast Asia Economic integration."
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ASEAN Economic Community : a model for Asia-wide regional integration?
\"The launch of the ASEAN Economic Community raises key issues: the deepening of regional trade and the associated problem of exchange rate management. This volume questions the capacity of a shallow institution to deal with complex impacts on employment and inequality. Readers gain a clear understanding of ASEAN's potential and weakness in technical and non-technical but always readable terms\"-- Provided by the publisher.
Book
Globalisation, Domestic Politics and Regionalism
This book examines the relationship between globalisation and regionalism through a detailed analysis of the ASEAN Free Trade Area (AFTA) project. It analyses how the interaction between globalisation and domestic politics shaped the evolution of AFTA over the past 10 years, arguing that although AFTA was triggered primarily by the pressures of globalisation, it was a tussle between the imperatives of growth and domestic distribution that shaped the way economic cooperation unfolded and the forms it took.
eBook
Chinese Capitalism and Economic Integration in Southeast Asia
China’s rise exerts a powerful pull on ASEAN economies and constitutes an impetus for a resinicization of Overseas Chinese in Southeast Asia. China has become a skilled practitioner of “commercial diplomacy”, and as long as it continues to lead the way in regional integration, China’s state-led capitalism will seek to integrate itself into the ASEAN Economic Community. This in effect becomes China’s essential strategy of desecuritization for the region. With increasing trade and investment between China and ASEAN countries, the ethnic Chinese economic elites have managed to serve as “connectors and bridges” between the two sides, and benefited in the process from joint ventures and business investments. The impact of new Chinese Capitalism on SMEs, however, has not been equally positive. As China rises, Southeast Asia has witnessed increased complexity and variations of “hybrid capitalism”, including alliances between state-led capitalism, transnational entrepreneurs emanating from China’s “going out” policy and ethnic Chinese in Southeast Asia. Three main forms of Chinese Capitalism in Southeast Asia are neoliberal capitalism, flexible capitalism and Confucian capitalism. These intermingle into a range of local varieties under different socio-economic conditions.
eBook
ASEAN champions : emerging stalwarts in regional integration
\"With a population of about six hundred million people, and a combined GNP of more than US$ 2.4 trillion, the ASEAN Economic Community (AEC) is set to become the seventh largest economy in the world. Launched in December 2015, the AEC unveiled initiatives to create a single market and production zone, a competitive and equitable region, and integrated links to the global economy. ASEAN Champions seeks to address the role of the strong local firms in regional integration, how these 'champions' succeeded and endured, despite facing adverse circumstances, and the factors that facilitated or impeded their participation in regional integration. The book provides insights for future firm and government-led strategies to enhance the integration process. By complementing current narratives that focus on macroeconomic, socio-political, and trade considerations, Park, Ungson and Francisco offer an enlightening and engaging read, ideally suited to academics and professionals alike\"-- Provided by publisher.
Book
ASEAN Economic Community Scorecard
During the 13th ASEAN Summit in November 2007, ASEAN Leaders endorsed the ASEAN Economic Community (AEC) Blueprint, which laid the foundation of creating a “single market and production base” among the ten Southeast Asian economies. Soon after that, ASEAN faced great uncertainties in the light of the 2008 global financial crisis and continues to remain cautious in the face of the ongoing global economic weakness. Despite this, the region is forging ahead with its commitment to carry out economic liberalization and cooperation as stipulated in the AEC Blueprint. The official AEC scorecard, published in March 2012, stated that ASEAN had achieved 68.2 per cent of its targets for the 2008–11 period.
The official AEC scorecard is expected to track the implementation of measures and the achievement of milestones committed in the AEC Strategic Schedule. However, the scorecard, in its current form, is too brief and general to be useful for the ASEAN citizens. This book attempts to fill this gap and evaluates the current status of and the progress towards the milestones of the AEC Blueprint. The overall message of the book is that even though ASEAN may miss some of its integration goals by 31 December 2015, it will certainly deliver some of the key initiatives — tariff elimination, establishing the ASEAN Single Window, laying the foundation of the regional investment initiative, advancing tourism services, moving ahead with ASEAN connectivity and the realization of ASEAN +1 free trade agreements. AEC’s goal of forming an equitable and competitive regional economy will continue to be a work in progress. AEC 2015 is going to be a historic milestone that will raise ASEAN’s profile and will help the region to maintain its centrality in the international community.
eBook
The sociology of Chinese capitalism in Southeast Asia : challenges and prospects
Set within the context of ASEAN integration, this book considers how Capitalism from China interacts with the ASEAN Economic Community, considering the issue from a variety of sociological, cultural and economic perspectives. It examines some of the creative strategies - de-sinicization, re-sinicization and re-balancing - employed by local Chinese communities and ASEAN countries to cope with the pressures of Chinese capitalism. The book addresses the phenomenon of Chinese ethnic economic migration, particularly the social capital of being Chinese in South East Asia, as well as community building, the interplay between domestic politics and globalization, and the rise of Chinese tourism related entrepreneurship.
Book
Transnational Dynamics in Southeast Asia
Since the 1990s, regional organizations of the United Nations and international financial institutions have adopted a new dynamic of transnational integration, within the framework of the regionalization process of globalization. In place of the growth triangles of the 1970s, a strategy based on transnational economic corridors has changed the scale of regionalization.
Thanks to the initiative of the Asian Development Bank, Southeast Asia provides two of the most advanced examples of such a process in East Asia with, on the one hand, the Greater Mekong Subregion, structured by continental corridors, and on the other, the Malacca Straits, combining maritime and land corridors. This book compares, after two decades, the effects of these developing networks on transnational integration in both subregions.
After presenting the general issue of economic corridors, the work deals with the characteristics and structures peculiar to these two regions, followed by a study of national strategies mobilizing actors at different levels of state organization. There follows a study of the emergence of new urban nodes on corridors at land and sea borders, and the impact of these corridors on the local societies. This approach makes it possible to compare the effects of transnational integration processes on the spatial and urban organization of the two subregions and on the increasing diversity of the stakeholders involved.
eBook
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
Assessing the Benefits of the ASEAN+6 Single Window for ASEAN Members
The ASEAN+6 Single Window (ASW+6) in this study refers to the geographic expansion of the ASEAN Single Window (ASW) to enable cross-border electronic exchange of trade-related data and documents among ASEAN member states and six FTA partners, namely, Australia, China, India, Japan, New Zealand and South Korea. The ASW is part of ASEAN's trade facilitation reform to reduce intraregional trade costs and time.This study considers cross-border paperless trade measures to represent the implementation of ASW+6, using data from the UN Global Survey on Digital and Sustainable Trade Facilitation in 2019. The simulation analyses reveal that the ASW+6 has significant potential to reduce times required to export and import, and to boost trade in ASEAN and its FTA partners.Partial implementation of cross-border paperless trade measures would imply an increase in ASEAN's exports of US102 billion annually. Under a more ambitious scenario of full implementation of cross-border paperless trade, the export gain for ASEAN would be US199 billion annually. At the same time, the time required to export would fall by anything between 19 to 98 per cent, depending on the reform scenario considered.Trade gains from a full-fledged ASW+6 have not yet been reaped: even strong performers such as Singapore, Australia and New Zealand have areas for improvements, and weaker performers such as Cambodia and Laos need to make significant progress to catch up with the rest of the region, and deepen their mutual trade integration.The sequence of expanding the ASW to FTA partners may begin with countries that are major sources of ASEAN's export gains identified in this study and those that have expressed their political will to move in that direction. These are Japan and South Korea. The ASW should then be enlarged to remaining FTA partners, especially China and India.While trade
gains from ASW+6 are substantial, the implementation costs can also be significant due to different regulatory requirements across ASEAN+6 countries. Aid for trade and capacity-building to support the reform process have to be an integral part for the design of ASW+6.
eBook