ASEAN Economic Community Scorecard
Performance and Perception
Publication Year: 2013
Published by: ISEAS–Yusof Ishak Institute
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Both this volume and the workshop that led to it were organized and coordinated by Sanchita Basu Das, lead researcher on economic matters in the ASEAN Studies Centre at the Institute of Southeast Asian Studies. On this account alone, and on others as well, we should all be grateful to Sanchita. ...
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This book volume is a result of the ASEAN Roundtable 2012 on “Examining the ASEAN Economic Community (AEC) Scorecard” organized by the ASEAN Studies Centre (ASC) at the Institute of Southeast Asian Studies (ISEAS), along with the Konrad Adenauer Stiftung (KAS) on 25 May 2012 at York Hotel, Singapore. ...
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This roundtable discussion was conducted as part of the research activities by the ASEAN Studies Centre (ASC) at the Institute of Southeast Asian Studies (ISEAS), Singapore. Being the coordinator, I sincerely thank Ambassador Tan Chin Tiong, Director of ISEAS and Dr Wilhelm Hofmeister, Director, Konrad Adenauer Stiftung for their kind support in facilitating the project. ...
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1. Assessing the Progress and Impediments towards an ASEAN Economic Community
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The Association of Southeast Asian Nations (ASEAN) Vision 2020, adopted in December 1997, envisaged “a stable, prosperous and highly competitive ASEAN economic region in which there is a free flow of goods, services, investment and freer flow of capital, equitable economic development and reduced poverty and socioeconomic disparities” by the year 2020. ...
2. Monitoring the ASEAN Economic Community: Issues and Challenges
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Regional economic integration is a complex process. It requires not only the ability to implement initiatives to support the markets, but also a high level of commitment by countries to ensure that policies are supportive of integration. ...
3. Towards AEC 2015: Free Flow of Goods within ASEAN
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ASEAN is embarking on an ambitious endeavour to — among other goals — create an ASEAN Economic Community (AEC) by 2015. To achieve this objective ASEAN has adopted the AEC Blueprint, which describes the main features of the AEC and outlines the measures that ASEAN member countries must undertake. ...
4. An Assessment of Services Sector Liberalization in ASEAN
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ASEAN has made a remarkable achievement in liberalizing trade in goods through the ASEAN Free Trade Agreement (AFTA), where tariffs on virtually all imports have been reduced to zero within ASEAN 6 since 2010, bar a few sensitive items for six original members. The progress made in liberalizing trade in services, however, has not been as impressive. ...
5. The Investment Dimension of ASEAN
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This chapter focuses on the investment dimension of the ASEAN Economic Community (AEC). The first section studies recent patterns and trends in foreign and domestic investment in the region. The key finding is that these trends have been largely disappointing. The second section examines the underlying factors that might explain the disappointing performance. ...
6. Free Flow of Skilled Labour in ASEAN
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The AEC provides for market access for ASEAN skilled labour, that is, professionals and skilled manpower. “Free flow of skilled labour” affects the implementation of the ASEAN Framework Agreement on Services (AFAS) through allowing foreign service suppliers, and the ASEAN Comprehensive Investment Agreement (ACIA) through allowing employment of foreign corporate personnel to accompany FDI. ...
7. Infrastructure Development in ASEAN
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Since the formation of ASEAN Free Trade Area (AFTA) in 1992, ASEAN has made significant strides in transforming the region into an area for free movement of capital, goods, services, and its people. In 2003, ASEAN moved a step closer towards a greater regional integration by adopting the Bali Concord II that comprises three pillars ...
8. SME Development in ASEAN: A Cambodian Case Study
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Small and medium enterprises (SMEs) are an important part of ASEAN economic integration. Hence, their development is prioritized in the Pillar 3 “Equitable Economic Integration” of the ASEAN Economic Community (AEC) Blueprint. As ASEAN is committed to accelerate the establishment of the AEC by 2015, the 18th ASEAN Summit, ...
9. Effectiveness of Intiative for ASEAN Integration
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In December 1997, after years of expansion and cooperation, the ASEAN adopted its Vision 2020, emphasizing the objective of “… transforming ASEAN into a stable, prosperous, and highly competitive region with equitable economic development, and reduced poverty and socio-economic disparities”. ...
10. Myanmar in the ASEAN Economic Community: Preparing for the Future
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Myanmar’s admission to the Association of Southeast Asian Nations (ASEAN) in July 1997 was accompanied by the country’s blanket accession to the treaties and commitments of ASEAN, including measures to be implemented for participation in the ASEAN Free Trade Area (AFTA) through the Common Effective Preferential Tariff (CEPT) Scheme. ...
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Page Count: 244
Publication Year: 2013