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ASEAN leaders proclaimed to create an ASEAN Economic Community by 2015. But achieving the target requires cooperation and coordination both within and among the ten ASEAN economies. Currently, with countries having varying considerations towards complete liberalization, protectionism still persists in certain sectors of the economies. A lot of work needs to be done in addressing the domestic reforms, the gaps in infrastructure, the lack of human resources and adequate institutions. Moreover, it is the businesses whose decisions and actions will help the region to achieve an effective integration. The policymakers have vital roles to play in raising the engagement of the private businesses in ASEAN matters. As time is limited, one way for ASEAN is to focus on "core" elements of integration and implement them earnestly in the shortest possible time. The rest of the process, as envisaged in the AEC blueprint, can follow beyond 2015. This book examines the state of readiness of the member countries for regional integration and discusses the challenges to ASEAN businesses. It gives policy recommendations to address some of the issues faced by the key stakeholders.

Table of Contents

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  1. Cover
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  1. Title Page, Copyright
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  1. Contents
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  1. Foreword
  2. pp. ix-x
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  1. Message
  2. pp. xi-xii
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  1. Preface
  2. pp. xiii-xvii
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  1. Acknowledgements
  2. p. xix
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  1. Contributors
  2. pp. xxi-xxii
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  1. List of Abbreviations
  2. pp. xxiii-xxvi
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  1. 1. Introduction: State of Readiness of ASEAN Economies and Businesses
  2. pp. 1-9
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  1. 2. ASEAN’s Readiness in Achieving the AEC 2015: Prospects and Challenges
  2. pp. 10-18
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  1. PART I: CHALLENGES FOR MEMBER COUNTRIES
  1. 3. Achieving the AEC 2015: Challenges for Brunei Darussalam
  2. pp. 21-36
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  1. 4. Achieving the AEC 2015: Challenges for Cambodia and its Businesses
  2. pp. 37-52
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  1. 5. AEC 2015, Cambodia, and the Lao PDR: View from the GMS
  2. pp. 53-70
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  1. 6. Deadline 2015: Assessing Indonesia’s Progress towards the AEC
  2. pp. 71-84
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  1. 7. Towards an Integrated AEC: Where is Malaysia?
  2. pp. 85-98
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  1. 8. Achieving the AEC 2015: Challenges for the Philippines
  2. pp. 99-124
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  1. 9. ASEAN Economic Integration: Perspectives from Singapore
  2. pp. 125-137
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  1. 10. Achieving the AEC 2015: Challenges for Thailand
  2. pp. 138-160
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  1. 11. Achieving an Efficient AEC by 2015: A Perspective from Vietnam
  2. pp. 161-177
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  1. PART II: CHALLENGES FOR THE PRIVATE SECTOR
  1. 12. ASEAN Economic Integration: Challenges to Brunei Businesses
  2. pp. 181-195
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  1. 13. Perspective of the Indonesian Business Sector on the Regional Integration Process
  2. pp. 196-223
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  1. 14. Achieving the AEC 2015: Challenges for the Malaysian Private Sector
  2. pp. 224-248
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  1. 15. Role of the Private Sector in Regional Economic Integration: A View from the Philippines
  2. pp. 249-273
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  1. 16. Role of the Singapore Private Sector in ASEAN Economic Integration
  2. pp. 274-285
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  1. 17. Thailand’s Perspective on the Role of the Private Sector in the Process of Regional Integration
  2. pp. 286-306
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  1. 18. The Private Sector’s Participation in Regional Integration: A Perspective from Vietnam
  2. pp. 307-324
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  1. PART III: CONCLUSION AND RECOMMENDATIONS
  1. 19. Conclusion and Recommendations for an Effective AEC
  2. pp. 327-333
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  1. Index
  2. pp. 335-347
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