ASEAN Economic Community and Beyond

ASEAN Economic Community and Beyond

Author: Sanchita Basu Das

Publisher: Flipside Digital Content Company Inc.

Published: 2016-04-29

Total Pages: 263

ISBN-13: 9814762032

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The year 2015 has special significance for regional economic integration. The ASEAN Community, integrating the political, economic and social aspects of regional cooperation, will complete its first milestone by December 2015. Expectations of tangible benefits under an ASEAN Economic Community have attracted much attention though many of the initiatives will be realized post-2015.Following the policy of open regionalism, ASEAN has also signed free trade agreements with Australia, New Zealand, China, India, Japan and South Korea. It has launched negotiations for the Regional Comprehensive Economic Partnership (RCEP) agreement in 2013, with expected breakthrough by end-2015.The Southeast Asian economies are also involved in two other regional initiatives. First is the Trans-Pacific Partnership (TPP), initiated by the United States. As part of the U.S. "e;pivot to Asia"e;, the TPP is envisioned as a "e;comprehensive and high-quality"e; agreement and has concluded its negotiation in October 2015. Second, the discussions on regional connectivity have broadened; China has emerged as a recent lead proponent with its proposals for "e;One Belt, One Road"e; and the Asian Infrastructure Investment Bank.All these together have implications not only for individual Southeast Asian countries but also for regional trading architecture. To aid in understanding the beginnings, development, and potential of these grand plans, this collection of 22 essays offers a rich analysis of ASEAN's own economic integration and other related initiatives proliferating in the broader Asia-Pacific region.


ASEAN Economic Community Blueprint

ASEAN Economic Community Blueprint

Author: ASEAN Studies Centre

Publisher: Institute of Southeast Asian Studies

Published: 2009

Total Pages: 113

ISBN-13: 9812309322

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On 28 July 2008, the ASEAN Studies Centre and the Regional Economic Studies Programme, both of the Institute of Southeast Asian Studies, and the Konrad Adenauer Stiftung organized a roundtable on The ASEAN Economic Community Blueprint. The brainstorming session gathered Southeast Asian experts from the region to discuss the AEC Blueprint, which ASEANs leaders had adopted at their summit meeting in November 2007, and the prospects of any obstacles to its implementation by the target year, 2015. The roundtable started with a progress report on the AEC Blueprint given by S. Pushpanathan, Principal Director of Economic Integration and Finance, ASEAN Secretariat, Jakarta. Thereafter, the sessions examined the various aspects of the Blueprint tackling the non-tariff barriers, designing a comprehensive ASEAN Investment Agreement, a regional framework for competition policy, the role of infrastructure development in economic integration, the importance of international production networks in economic integration, etc.


Roadmap to an ASEAN Economic Community

Roadmap to an ASEAN Economic Community

Author: Denis Hew Wei-Yen

Publisher: Institute of Southeast Asian Studies

Published: 2005

Total Pages: 339

ISBN-13: 9812303472

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At the Ninth ASEAN Summit in Bali on 7 October 2003, the leaders of the Association of Southeast Asian Nations agreed to establish an ASEAN Economic Community (AEC) by 2020. It is envisaged that the AEC would be a single market and production base, with a free flow of goods and services, investments, capital and skilled labour. An integrated ASEAN with a sizeable market of over 500 million people could become an alternative to China as a regional production base for MNCs. Although there are roadmaps for the fast-track integration of eleven priority sectors, an overall longer-term roadmap needs to be formulated to realize the AEC. This book addresses the main issues.


The ASEAN Economic Community

The ASEAN Economic Community

Author: Sanchita Basu Das

Publisher: Institute of Southeast Asian Studies

Published: 2013-12-05

Total Pages: 532

ISBN-13: 9814519014

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This is an important and timely volume: important because ASEAN is an increasingly significant and influential regional and global actor; and timely because, as the 2015 ASEAN Economic Community target approaches, what is needed is a sympathetic yet arms-length survey of the issues and challenges. ASEAN will miss some of the targets laid out in its AEC Blueprint, but the reader is left in no doubt that the ASEAN spirit is alive and well. The editors include a distinguished former Secretary General of ASEAN and the leading academic analyst of ASEAN economic cooperation. They and their co-editors are to be congratulated for soliciting contributions from an outstanding and diverse group of authors, and then adding their highly authoritative commentary and analysis. A must read for anybody seriously interested in ASEAN.


Skilled Labor Mobility and Migration

Skilled Labor Mobility and Migration

Author: Elisabetta Gentile

Publisher: Edward Elgar Publishing

Published: 2019

Total Pages: 317

ISBN-13: 1788116178

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One of the primary objectives of the ASEAN Economic Community (AEC), established in 2015, was to boost skilled labor mobility within the region. This insightful book takes stock of the existing trends and patterns of skilled labor migration in the ASEAN. It endeavors to identify the likely winners and losers from the free movement of natural persons within the region through counterfactual policy simulations. Finally, it discusses existing issues and obstacles through case studies, as well as other sectoral examples.


Achieving Skill Mobility in the ASEAN Economic Community

Achieving Skill Mobility in the ASEAN Economic Community

Author: Demetrios G. Papademetriou

Publisher: Asian Development Bank

Published: 2016-01-01

Total Pages: 80

ISBN-13: 9292571184

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Despite clear aspirations by the Association of Southeast Asian Nations (ASEAN) to create an effective and transparent framework to facilitate movements among skilled professionals within the ASEAN by December 2015, progress has been slow and uneven. This report examines the challenges ASEAN member states face in achieving the goal of greater mobility for the highly skilled, including hurdles in recognizing professional qualifications, opening up access to certain jobs, and a limited willingness by professionals to move due to perceived cultural, language, and socioeconomic differences. The cost of these barriers is staggering and could reduce the region's competitiveness in the global market. This report launches a multiyear effort by ADB and the Migration Policy Institute to better understand the issues and develop strategies to gradually overcome the problems. It offers a range of policy recommendations that have been discussed among experts in a high-level expert meeting, taking into account best practices locally and across the region.


Achieving the ASEAN Economic Community 2015

Achieving the ASEAN Economic Community 2015

Author: Sanchita Basu Das

Publisher: Institute of Southeast Asian Studies

Published: 2012

Total Pages: 375

ISBN-13: 9814379646

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"The papers compiled in this volume were presented during the ASEAN Roundtable on 29 April 2010 and during a brainstorming session on 23 September 2010 by the ASEAN Studies Centre of the Institute of Southeast Asian Studies"--Foreword.


The Future of the ASEAN Economic Integration

The Future of the ASEAN Economic Integration

Author: Kiki Verico

Publisher: Springer

Published: 2016-11-23

Total Pages: 302

ISBN-13: 1137596139

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Verico discusses the ASEAN economic integration from dual perspectives of time span (trade, investment and finance) and framework (bilateral, sub-regional, regional and regional plus). The work is a comprehensive study of the integration in the wake of the ASEAN Economic Community (AEC)’s inauguration in late 2015. Examining various economic agreement levels from the ASEAN Free Trade Area (AFTA), Bilateral Free Trade Agreement (BFTA) and the AEC to financial integration in ASEAN, Verico attempts to envisage the future of ASEAN in completing its regional economic integration from trade to investment and finance. Verico argues that, in the absence of a customs union, ASEAN must utilize the open-regionalism frameworks of the ASEAN Plus One, ASEAN Plus Three, Regional Comprehensive Economic Partnership and others in order to shift its economic integration level in this way.


The ASEAN Economic Community

The ASEAN Economic Community

Author: Jacques Pelkmans

Publisher: Cambridge University Press

Published: 2016-03-11

Total Pages: 249

ISBN-13: 1107590736

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A conceptual study on the economic integration of the new ASEAN Economic Community.


ASEAN 2030

ASEAN 2030

Author: ADBI

Publisher: Brookings Institution Press

Published: 2016-03-08

Total Pages: 340

ISBN-13: 4899740522

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This book investigates long-term development issues for members of the Association of Southeast Asian Nations (ASEAN). It finds that with the proper policy mix—including domestic structural reforms and bold initiatives for regional integration—ASEAN has the potential to reach by 2030 the average quality of life enjoyed today in advanced economies and to fulfill its aspirations to become a resilient, inclusive, competitive, and harmonious (RICH) region. Key challenges moving forward are to enhance macroeconomic and financial stability, support equitable growth, promote competitiveness and innovation, and protect the environment. Overcoming these challenges to build a truly borderless economic region implies eliminating remaining barriers to the flow of goods, services, and production factors; strengthening competitiveness and the institutional framework; and updating some governing principles. But ASEAN should not merely copy the European Union. It must maintain its flexibility and pragmatism without creating a bloated regional bureaucracy. The study’s main message is that through closer integration, ASEAN can form a partnership for achieving shared prosperity in the region and around the globe.