ASEAN Economic Integration
|
|
- Gavin Bond
- 5 years ago
- Views:
Transcription
1 ASEAN Economic Integration
2 Outlines: History of International Trade Policy Regional Integration vs. Multilateralism Economic Integration Regional Integration ASEAN: Benefits/Costs Conclusion
3 I: Brief History of International Trade Policy Trade Act of 1974 also laid the groundwork for the Tokyo Round of GATT talks ( ). Resulted in 30% reduction in tariffs of major industrialized economies. New policy: U.S. (and others) could reach agreements (called Codes) accepted by only a subset of GATT countries. Tokyo Round left several unresolved issues: Developed-country barriers against developing-country exports. Mutually acceptable interpretations of safeguard provisions. Conflict resolution mechanisms.
4 Brief History of International Trade Policy Trade Policy in 1980s and 1990s Trade and Tariff Act of 1984 Gave the president authority to negotiate bilateral trade treaties. Uruguay Round Agreements Act (GATT talks) Began 1986 approved 1994 Major results: Agricultural: reduced export subsidies; required tariffication of existing nontariff barriers; reduced existing tariffs an average of 36%; provided for minimum access for new entrants into previously-closed foreign markets.
5 Regional Integration vs. Multilateralism WTO Promote trade liberalization through worldwide agreements Trade liberalization by any one nation Extended to all WTO members, 153 nations Nondiscriminatory Regional trading arrangements Nations reduce trade barriers only for a small group of partner nations Discriminating against the rest of the world 5
6 Regional Integration vs. Multilateralism Regional block stumbling blocs to multilateralism Members not greatly interested in worldwide liberalization May not realize additional economies of scale from global trade liberalization May want to invest their time and energy in establishing strong regional linkages Rather than investing them in global negotiations 6
7 Regional Integration vs. Multilateralism Regional block building blocks to global free trade and investment When structured according to principles of openness and inclusiveness May achieve deeper economic interdependence among members Greater commonality of interests Simpler negotiating processes 7
8 Regional Integration vs. Multilateralism Regional block building blocks to global free trade and investment Self-reinforcing process Encourages the partial adjustment of workers Out of import-competing industries in which the nation s comparative disadvantage is strong Into exporting industries in which its comparative advantage is strong 8
9 Brief History of International Trade Policy More results of GATT: Textiles: bilateral quotas of MFA must be removed at end of 10 years; quotas probably will be replaced by high tariffs. Complete elimination of tariffs in several important sectors by industrial countries. Clarified distinction between acceptable and unacceptable subsidies. Strengthened enforcement of intellectual property rights. Established WTO Member countries must now subscribe to all rules and responsibilities.
10 III: Economic Integration Formation of countries into groups (EU, NAFTA) Five types or stages of economic integration shown in Figure 1 (increasing degree of unification): 1. Preferential trading arrangement (PTA) Member countries agree to erect lower barriers to trade within the group than to trade with nonmember countries (Figure 9.3). 2. Free trade area Involves eliminating barriers to intra-group trade while allowing each country to maintain its own nationally determined barriers to trade with nonmembers.
11 Economic Integration 3. Customs union Intra-group trade faces no barriers and members maintain a common external tariff (CET) on trade with nonmembers. 4. Common market Extends free trade among members to factors of production (labor migration and capital flows), as well as to goods and services. 5. Economic union Most extensive form of economic integration. Means common, group-determined economic policies, as well as a common currency.
12 Reduction of intra-group tariffs Removal of intragroup tariffs Common external tariff Intra-group capital and labor mobility Common economic policies and common currency Figure 1: Levels of Economic Integration Preferential trading arrangement Free-trade area Customs union Common market Economic union
13
14 Free trade. Tariffs (a tax imposed on imported goods) between member countries are abolished or significantly reduced. Each member country keeps its own tariffs in regard to third countries Custom union. Sets common external tariffs among member countries, implying that the same tariffs are applied to third countries. Common market. Factors of production, such a labor and capital, are free to move within
15 Economic union. Monetary and fiscal policies between member countries are harmonized, which implies a level of political integration. A further step concerns a monetary union where a common currency is used, such as with the European Union (Euro). Political union. Represents the potentially most advanced form of integration with a common government and were the sovereignty of member country is significantly reduced. Only found within nation states, such as federations where there is a central government and regions having a level of autonomy.
16
17 Source: Aid for Trade Database Organization for Economic Co-operation and Development; IMF Direction of Trade Statistics 2011; Fragile states--adb (2012) Working Differently in Fragile and Conflict Affected Situations: The ADB Experience; Landlocked, LDCs and SIDS--UN-OHRLLS.
18 Types of Regional Trading Economic integration Arrangements Process of eliminating restrictions on international trade, payments, and factor mobility Results in the uniting of two or more national economies in a regional trading arrangement 18
19 Types of Regional Trading Arrangements Free-trade area Association of trading nations Members agree to remove all tariff and nontariff barriers among themselves Each member maintains its own set of trade restrictions against outsiders North American Free Trade Agreement (NAFTA) Canada, Mexico, and the United States 19
20 Types of Regional Trading Arrangements Customs union Agreement among two or more trading partners To remove all tariff and nontariff trade barriers between themselves Each member nation imposes identical trade restrictions against nonparticipants Benelux Belgium, the Netherlands, and Luxembourg 20
21 Types of Regional Trading Arrangements Common market Group of trading nations Free movement of goods and services among member nations Initiation of common external trade restrictions against nonmembers Free movement of factors of production across national borders within the economic bloc European Union (EU),
22 Types of Regional Trading Arrangements Economic union National, social, taxation, and fiscal policies are harmonized and administered by a supranational institution Requires an agreement to transfer economic sovereignty to a supranational authority 22
23 Types of Regional Trading Arrangements Monetary union Ultimate degree of economic union Unification of national monetary policies Acceptance of a common currency administered by a supranational monetary authority 23
24 Types of Regional Trading Arrangements The United States - Monetary union Fifty states with a common currency Federal Reserve Single central bank for the nation Free trade among the states Labor and capital move freely 24
25 Types of Regional Trading Arrangements The United States - Monetary union Federal government Nation s fiscal policy National defense Retirement and health programs International affairs States can keep their identity within the union Police protection and education 25
26 Impetus for Regionalism Motivations for regional trading arrangements Prospect of enhanced economic growth Economies of large-scale production Foster specialization and learning-by-doing Attract foreign investment Foster a variety of noneconomic objectives Managing immigration flows Promoting regional security Enhance & solidify domestic economic reforms 26
27 Effects of a Regional Trading Arrangement Static effects of economic integration On productive efficiency And consumer welfare Dynamic effects of economic integration Relate to long-term rates of growth 27
28 Effects of a Regional Trading Arrangement Static effects Trade-diversion effect Welfare loss Imports from a low-cost supplier outside the union Are replaced by purchases from a higher-cost supplier within the union 28
29 IV: ASEAN History of ASEAN ASEAN Community and Regionalism ASEAN Economic Integration FUNDAMENTALS OF AEC 2015 ASEAN IN THE GLOBAL PICTURE Benefits/Costs Conclusion
30 INTRODUCTION After the World War II most of the developing countries adopted the State-led development where the state planned and managed economic development, allocation of resources, production of goods and services for public and private consumption. In mid 1980 s many developing countries are undertaking structural reforms aimed at encouraging private sectors to play a greater role in economic arena. Many economic policies aimed to strengthen market forces and increase competition
31 The Association of Southeast Asian Nations (ASEAN) is the largest and oldest organization of its kind in Asia, it was formed on August 8, 1967 by Indonesia, Malaysia, Philippines, Singapore and Thailand, when the foreign ministers of the five countries met at the Thai Department of Foreign Affairs building in Bangkok and signed the ASEAN Declaration, more commonly known as the Bangkok Declaration Its aims include the acceleration of economic growth, social progress and cultural development among its members, and the promotion of regional peace and stability by abiding respect for justice and the rule of law in the relationship among countries in the region and adherence to the principles of the United Nations Charter
32 The regional bloc grew when another five Asian Countries (Brunei, Cambodia, Laos, Myanmar and Vietnam) joined At the height of the global economic crisis, in December 1997, the ASEAN leaders had spelled out their vision of an integrated ASEAN economy in the first two decades of the new century.
33 Which make it imperative for Asian countries to work together to forge effective and efficient Economic cooperation and integration became the key pillar of the entire region s future development. The need to move toward a stronger marketdriven and export oriented strategies has intensified. The spheres of economic influence regionally and globally are shifting. China is now expected to become the world s third largest economy.
34 Nature of ASEAN as Regional Bloc The ASEAN leaders emphasize friendship, understanding, consensus, and non-intervention to promote regional peace and stability. Consultations and consensus are the most enduring features of ASEAN The leaders emphasized that the successful building of an ASEAN Community that is truly people-oriented by 2015 requires the cooperation and contribution of all sectors of ASEAN society and the participation of ASEAN peoples in all aspects of community-building
35 ASEAN Significant Milestone ASEAN Charter is a constitution for the ASEAN, which will guide the construction of the ASEAN Community Roadmap for the ASEAN Community -
36 From Economic Cooperation To Economic Integration The ASEAN Vision 2020 statement declared that The ASEAN Economic Community shall establish ASEAN as single market and production base This the large evolution step that ASEAN has taken as it now progressed to the most extensive goal, the creation of a single market
37 Economic Cooperation is a preferential treatment that aims to reduce tariffs and commercial barriers among its member countries Economic Integration Removal of some measures that discriminates against foreign suppliers of goods and services. Economies of its member nation is completely integrated. Which means establishment of a single market
38 2015 WHO? Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam WHAT? Single market and production base with the free movement of goods, services, investment, skilled labor and the freer flow of capital WHY? Increase competitiveness, narrow development gaps and improve resilience against external shocks
39 NAFTA/EEC The Evolution of ASEAN Tom Yum Kung crisis Regional conflicts Spread of communism China s WTO accession ASEAN ASEAN 1967 Community 2015 PTA AFTA AFAS ASEAN CHARTER ASEAN VISION 2020 AIA BALI CONCORD II Cebu Declaration on ASEAN Charter To achieve ASEAN Community by 2015 AEC 2015 in full steam: ATIGA AFAS 70% Equity Participation ACIA 39
40
41
42
43
44 ASEAN regionalism 1976 Bali Concord I formally adopted political co-operation as part of ASEAN regular activities 1992 ASEAN Free Trade Agreement 1997/98 economic crisis acceleration of economic integration initiatives ASEAN Vision Bali Concord II the launch of ASEAN Community by the launch of ASEAN Charter process 2006/07 the acceleration of ASEAN Community to ASEAN Charter drafting and the ASEAN Economic Community Blueprint 2008 ASEAN Charter ratification 2009 ASEAN Political Community and Socio-Cultural Community Blueprints
45
46
47
48 ASEAN Community ASEAN Political-Security Community peaceful processes in the settlement of intra-regional differences and it has the following components: political development, shaping and sharing of norms, conflict prevention, conflict resolution, post-conflict peace building, and implementing mechanisms ASEAN Economic Community - creating a stable, prosperous and highly competitive ASEAN economic region in which there is a free flow of goods, services, investment and a freer flow of capital, equitable economic development and reduced poverty and socio-economic disparities in year 2020; ASEAN Socio-Cultural Community - envisages a community of caring societies and founded on a common regional identity, with cooperation focused on social development aimed at raising the standard of living of disadvantaged groups and the rural population, and shall seek the active involvement of all sectors of society, in particular women, youth, and local communities
49
50 POLITICAL SECURITY Blueprint Rules based, shared norms and values Cohesive, peaceful, stable, resilient with shared responsibility Dynamic and Outward looking ASEAN Community ECONOMIC Blueprint Single Market and production base Competitive economic region Equitable Economic development Integration into global economy SOCIO- CULTURAL Blueprint Human Development Social Welfare and Protection Social justice and rights Environmental Sustainability ASEAN Identity ASEAN Charter - One Vision, One Identity, One Caring and Sharing Community
51 Three Blueprints Three integral pillars of the ASEAN Vision 2015: AEC, ASC, ASCC (work in tandem) Clear targets and timelines for implementation Pre-agreed flexibilities to accommodate the interests of all ASEAN Member Binding General Content Policy/Goals; technical, Action plan, Review mechanism Critics: No participation, even secretive process All about governments (does not address corruption and repression) Whose community is ASEAN?
52 ASEAN Economic Blueprints a single market and production base, a highly competitive economic region, a region of equitable economic development, and a region fully integrated into the global economy Priority Integration Sectors: agro-based products; air travel; automotives; e-asean; electronics; fisheries; healthcare; rubber-based products; textiles and apparels; tourism; wood-based products; and logistics (additional sector as may be identified by the Ministers after the agreement)
53 Liberalization Economic Blueprint: critics Only protects end-users (consumers) What about sustainability? Environment and livelihood Disregards existing bilateral economic agreements No detail on how the region acts as a whole
54 Socio-Cultural Blueprints promotion of human development and security narrowing the development gap ensuring environmental sustainability building an ASEAN identity Wide coverage of issues: Poverty, Health, Disaster Management, Education, Food security, Social impact of integration, Environmental sustainability, Migrant labor, Women and children s rights, Science and Technology
55 Socio-cultural: Critics Social justice vs. social protection; systemic vs. symptomatic Systemic solutions to address social injustice: problems of access, conflicting interests with commercial/industrial interests Participation should not be limited to this sphere. Diversity and identity of peoples within member countries
56 Political Security Blueprints Framework is based on political and security cooperation where countries live at peace with one another, and the ASEAN, with the world at large. Principles are non-interference, consensus, national and regional resilience, and respect for sovereignty. Elements of the Blueprint: political development, shaping and sharing of norms on counter terrorism and nuclear free zones, inter-state conflict prevention and post-conflict peace-building; combating terrorism
57 Political Security: Critics State-centric in perspective (national security) Existing internal conflicts should be addressed: over resources, over self-determination/identity Governments (policies) are sources of conflict Does not provide for political participation and representation of civil society No reference to international human rights standards>adherence to international standards and principles No dispute mechanism on internal conflicts, intra-state conflicts, separatism. No recognition of internally displaced people (IDPs) Cultural diversity is not addressed >recognition of diversities in ethnicity and religion, and of marginalization Strengthen and monitor existing regional instruments on migrants, women, children, and CSO and public participation in processes Promote regional civilian peacekeeping forces
58 VISION OF AEC
59
60
61
62
63
64 64
65
66
67
68
69
70
71 WHO? 2015 Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam WHAT? Single market and production base with the free movement of goods, services, investment, skilled labor and the freer flow of capital WHY? Increase competitiveness, narrow development gaps and improve resilience against external shocks
72 Why is it happening?
73 A success story of ASEAN Southeast Asia has been one of the most successful economic groupings of recent times. As a bloc, it has seen its real Gross Domestic Product (GDP) increase ten-fold over the last five decades If it were a nation, it would be the 7th largest economy in the world1 with a combined GDP of US$ 2.4 trillion2. In 2013, inbound Foreign Direct Investment (FDI) for the ASEAN-5 was greater than that flowing into China3.
74 AEC The AEC aims to transform the economies of ASEAN s 10 member states - Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam into a single market and production base. the AEC translates diversity (often hailed as ASEAN s weakness) as a strength. With integration, ASEAN s variety becomes attractive to global investors, combining as it does the capital and skills of its more economically mature member countries (such as Singapore) with the competitive costs and abundant labour and resources of its developing ones (such as Myanmar). Integration should be interpreted to mean connectedness both within and outside the region.
75 the AEC translates diversity (often hailed as ASEAN s weakness) as a strength. With integration, ASEAN s variety becomes attractive to global investors, combining as it does the capital and skills of its more economically mature member countries (such as Singapore) with the competitive costs and abundant labour and resources of its developing ones (such as Myanmar). Integration should be interpreted to mean connectedness both within and outside the region.
76 The potential gains from implementing the AEC are enormous. Move Southeast Asia on to a higher and more sustainable growth path. Reduce vulnerability and volatility. Leveraging diversity through integration and reduce development gaps that exist both within and between member states
77 AEC Growth The world s seventh largest market, home to 10% of the world s population, Asean is expected to grow 5% each year by 2018, surpassing the US, EU and Japan. But the scope of each individual country in the bloc varies wildly, prompting scepticism that a single market can be successfully created by the end of the year.
78
79
80
81
82
83 Asean is not likely to suffer the same debt concerns as the EU, primarily because the bloc has never planned to adopt a single currency or parliament.
84 Cost or Benefit? The business community wants Asean to be integrated as one entity due to there are border issues, customs, immigration and different regulations.
85
86
87
88 ASEAN Member
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108 In this January 2013 photo, preparatory students sit for a university admissions test at the University of Tokyo. Singapore has ranked at the top of the 300 best universities in Asia, according to a new poll.
109
110
111
112
113
114
115
116
117
118 AEC 2015
119
120
121
122 Establishing the ASEAN+6 free trade area: Boon or bane? 1 June 2013 The formation of ASEAN+6 free trade area is likely to consolidate the rising bilateral agreements in East Asia and bring about intraregional trade gains. The potential trade-creating effects of tariff elimination are likely to be substantial because intraregional trade flows are large and some countries still maintain high tariff rates (Figure 1). A simple simulation analysis lends support to higher intraregional trade gains with complete elimination of tariffs (Figure 2). That said, while some countries report an improvement in the trade balance, others show deterioration.
123 Source: UN Comtrade, Note: CLMV includes Cambodia, Lao PDR, Myanmar, and Viet Nam. ASEAN-5 is composed of Brunei, Thailand, Malaysia, Indonesia, and the Philippines.
124 World Populaton
125
126
127
128
129
130 Labor in ASEAN
131
132
133 What Does The Rise of Manufacturing in ASEAN Mean for Multinationals? The major reasons for this drive in investments can be summarized through the ASEAN s four C s: Consumption (growth), Cost (low), Commodities (abundant), and Community (single ASEAN trade bloc)
134
135
136 Assess the Direct Impact of the Rise of Manufacturing Serving the market: As costs rise elsewhere and the addressable market becomes larger in ASEAN, companies should explore the viability of moving production to the region using a total factor performance analysis. It is important to make sure that the analysis looks beyond the simple math of labor-cost and considers total factor performance (labor, transport, leadership, material, components, energy, and capital) Business customers (B2B) movement: Companies serving other manufacturing and production types of businesses should be assessing what types of industries are likely to invest heavily into Southeast Asia and which are not likely to consider moving beyond China
137 Rising Competition from ASEANbased Corporations
138
139 Under the Radar Companies from ASEAN often do not receive much attention from Western analysts who instead focus on China and India. However, ASEAN firms are a force to be reckoned with; keeping pace with the region s growth, the number of ASEAN companies on Forbes list of Global 2000 companies has more than doubled in the past seven years. Moreover, ASEAN has more companies on the Forbes
140
141
142
143
144
145
146
147
148 7 Things You Should Know About ASEAN
149 1. Together, ASEAN s ten member states form an economic powerhouse. 2. ASEAN is not a single market. 3. Macroeconomic stability has provided a platform for growth. 4. ASEAN is a growing hub of consumer demand. 5. ASEAN is well positioned in global trade flows. 6. Intraregional trade could significantly deepen with implementation of the ASEAN Economic Community, but there are hurdles. 7. ASEAN is home to many globally competitive companies.
150 ASEAN is one of the largest economic zones in the world; growth has been rapid and relatively stable since 2000.
151
152
153 SWOT Analysis
154 Strenth
155 FDI INCREASES
156
157 Production networks that once focused on cities such as Shenzhen and Guangzhou could, over the next decade, encompass locations as diverse as Mandalay, Jakarta and Phnom Penh. With the balance of China s maturing economy shifting from exports to domestic consumption, the country s era of lowcost manufacturing is drawing to a close the rise in production costs in China s traditional manufacturing centres. Thanks to increasing urbanisation, skewed demographics and deliberate government policy, the country s once seemingly limitless supply of cheap labour is now a thing of the past.
158 Who gain? Chinese and foreign companies are already moving their low-cost manufacturing operations to countries such as Vietnam and Cambodia, other South-East Asian countries with low manufacturing wages are likely to benefit from this trend over the medium term, including Indonesia, the Philippines, and eventually even Myanmar.
159 Chinese manufacturing wages, which have risen annually by more than 10 per cent for the past few years, are already significantly higher than those in Thailand, Indonesia and Vietnam. Workers wages in Ho Chi Minh City, for example, averaged US$148 a month in 2012, a third of the average figure in Guangzhou
160 Indian carmaker Tata Motors is also set to establish Indonesia as its manufacturing and distribution base for South-East Asia, localising assembly and at least 40 per cent of component production. While many ASEAN countries can now outcompete China on labour costs, it is those that can leverage strong infrastructure and supply chain networks that will be the main beneficiaries of China s move out of low-end manufacturing. Cambodia and Vietnam will continue to attract investment in the textile, garment and light machinery industries (garment manufacturing accounted for 85 per cent of Cambodia s exports in 2010), while Indonesia is steadily emerging as a manufacturing destination for consumer products. Taiwan s Foxconn Technology Group, the major supplier of Apple s iphones and ipads, has recently announced a decision to switch its low-end manufacturing from China to Indonesia.
161
162 Weakness: W
163 Threats: T
164 Richer Asean Nations Resist Opening Doors to Migrant Workers The disparities in income levels and economic development within Southeast Asia highlight the challenges facing the Association of Southeast Asian Nations as they try to tie their economies closer together by the end of But the differences between countries within the bloc ranging from Myanmar, a former pariah state with per capita gross domestic product of about $1,325, to the modern financial hub of Singapore, where that number is nearly $60,000 as well as recent border conflicts are making the richer Asean nations reluctant to throw open their borders
165 As China's working-age population begins to contract, Southeast Asia's relatively young demographic is drawing growing investment to the region Migrant labor is also a sensitive political issue in Singapore, where citizens complain that some 1.2 million foreigners more than onethird of the workforce are driving up housing and transportation costs.
166 domestic political pressures are working against integration. Moves so far have been little more than baby steps aimed almost exclusively at white-collar professionals, with richer Asean members fearing an influx of low-skilled migrant workers that could drag down wages and strain infrastructure.
167 T In Thailand, a shortage of low-skilled labor means nearly one million migrant workers from Laos, Cambodia and Myanmar are toiling in factories and construction sites. The push for labor circulation is also running up against the reality of unresolved border conflicts, which include armed militias in some areas. Thailand, Myanmar and Cambodia have all faced bloodshed or armed standoffs in border areas in recent years, while this spring a Philippine Muslim group staking a centuries-old land claim launched a bloody invasion of Malaysian Borneo.
168 A New Age for ASEAN Region: The AEC will boost the ASEAN growth story, and those that have an international mindset and are ready for change will not only stand to benefit from the opportunities, but will also be able to defend against new foreign competitors.
169 ASEAN BY THE NUMBERS
170
171 Soft drink market share of two biggest brand that has been competing in this market since forever such Coke and Pepsi.
172 Education
173 10 best universities in ASEAN 2013.
174 Macroeconomic Level
175
176
177
178
179
180 Cost of Living
181 ASEAN s Office rental rate
182
183
184
185
186
187
188
189
190
191
192
193 THE IMPORTANCE OF UPCOMING CHANGE TO THE ECONOMIC, POLITICAL AND CONSUMER CLIMATE
194
195
196
197
198 Asean's Infrastructure Crisis A shortage of infrastructure investment
199 Thailand opportunity to become a regional economic, trade, and investment hub. Geographic location Development level Size of the domestic market and land area Economic relations with ASEAN Association with the global economy
200 Thailand s weaknesses Lack of understanding and awareness Unfamiliar with neighbours Some inconvenience in business Higher business costs Political and administrative problems
201 Whatever happens, "2015 is a very tight timetable," said Sanjay Mathur, a Singaporebased analyst at Royal Bank of Scotland. "Malaysia and Thailand are somewhat close to each other in terms of development, but the others are behind, so the whole fiscal monetary mix is significantly different and will be difficult."
202 Opportunities and fears as Asean prepares for single market some communities and even whole countries may lose out because of the risk of human rights being sacrificed to the imperatives of big business. In the poorest member state, Burma, threequarters of the population still lack electricity after half a century of dictatorship; in the richest, Singapore, citizens are among the wealthiest in the world.
203 Number of Problems in ASEAN among them grave human rights violations; corruption and poor governance; statesanctioned land grabs; authoritarian and military regimes; police brutality, torture and enforced disappearances; modern-day slavery and lack of corporate responsibility and accountability.
204
205 companies are profiting from investmentfriendly protection measures at the expense of citizens with certain member states allowing corporations to sue governments over local laws that may hinder their business. conflict between governments, companies and grassroots communities all over the region.
THE AEC PROGRESS, CHALLENGES AND PROSPECTS
THE AEC PROGRESS, CHALLENGES AND PROSPECTS Siow Yue CHIA Singapore Institute of International Affairs Conference on Future of World Trading System: Asian Perspective ADBI-WTO, Geneva 11-12 March 2013 Drivers
More informationBuilding an ASEAN Economic Community in the heart of East Asia By Dr Surin Pitsuwan, Secretary-General of ASEAN,
Building an ASEAN Economic Community in the heart of East Asia By Dr Surin Pitsuwan, Secretary-General of ASEAN, Excellencies Ladies and Gentlemen 1. We are witnessing today how assisted by unprecedented
More informationTOWARDS AN ASEAN ECONOMIC COMMUNITY: THE CHALLENGES AHEAD
TOWARDS AN ECONOMIC COMMUNITY: THE CHALLENGES AHEAD Dr. Poppy S. WINANTI Universitas Gadjah Mada, Indonesia Abstract s ambition to accelerate regional trade liberalisation has been strengthened by the
More informationASEAN. Overview ASSOCIATION OF SOUTHEAST ASIAN NATIONS
ASEAN Overview ASSOCIATION OF SOUTHEAST ASIAN NATIONS "Today, ASEAN is not only a well-functioning, indispensable reality in the region. It is a real force to be reckoned with far beyond the region. It
More informationEXECUTIVE SUMMARY. Shuji Uchikawa
EXECUTIVE SUMMARY Shuji Uchikawa ASEAN member countries agreed to establish the ASEAN Economic Community by 2015 and transform ASEAN into a region with free movement of goods, services, investment, skilled
More informationUnderstanding AEC : Implication for Thai Business MRS. SRIRAT RASTAPANA
Understanding AEC : Implication for Thai Business MRS. SRIRAT RASTAPANA Director-General Department of Trade Negotiations April 20, 2011 Outline of Presentation 1. Thailand vs. ASEAN 2. Development on
More informationASEAN Cooperation on Trade in Health Services. Prince Mahidol Award Conference 2008
ASEAN Cooperation on Trade in Health Services Prince Mahidol Award Conference 2008 30 January - 1 February 2008 Bangkok Prepared by Dr. Bounpheng Philavong, ASEAN Secretariat Outline of presentation An
More informationInternational Business
International Business 10e By Charles W.L. Hill Copyright 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Chapter
More informationHurdles towards the ASEAN Community
53 Hurdles towards the ASEAN Community In three years, all ten ASEAN countries will become the ASEAN Community, similar in form to the European Union. Each country is now carrying out necessary measures
More informationInternational Business Global Edition
International Business Global Edition By Charles W.L. Hill (adapted for LIUC2016 by R.Helg) Copyright 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 9 Regional Economic Integration
More informationINTRODUCTION The ASEAN Economic Community and Beyond
1 INTRODUCTION The ASEAN Economic Community and Beyond The ten countries of Southeast Asia Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam are achieving
More informationASEAN 2015: OPPORTUNITIES AND CHALLENGES
ASEAN 2015: OPPORTUNITIES AND CHALLENGES Dr. Wilfrido V. Villacorta Former Philippine Ambassador and Permanent Representative to ASEAN; Former Deputy Secretary-General of ASEAN PACU ASEAN 2015 SEMINAR,
More informationASEAN WHAT IS ASEAN? A regional grouping that promotes economic, political and security cooperation among its member states.
ASEAN Instructor: Professor Matthieu CROZET Presented by: Tionardy Giovanni WEN, Chan-Chun Tu, Chang-Chieh WHAT IS ASEAN? A regional grouping that promotes economic, political and security cooperation
More informationCLMV and the AEC 2015 :
CLMV and the AEC 2015 : The Rising of Continental Southeast Asia and Its Implications to Taiwan Hugh Pei-Hsiu Chen President Taiwan Association of Southeast Asian Studies TASEAS to explore the economic
More informationMultilateral Advocacy for Development of Co-operatives in ASEAN 25 July 2018
Multilateral Advocacy for Development of Co-operatives in ASEAN 25 July 2018 Jonathan Tan Head Culture and Information Division ASEAN Socio-Cultural Community OUTLINE Background on ASEAN and key initiatives
More informationTRADE FACILITATION: Development Perspectives and Approaches of ASEAN in presented by
TRADE FACILITATION: Development Perspectives and Approaches of ASEAN in 2004 presented by Noordin Azhari Director, Bureau for Economic Integration ASEAN Secretariat at the Seminar on Trade Facilitation
More informationASEAN Integration & ICT Opportunities. Mark Hefner
ASEAN Integration & ICT Opportunities Mark Hefner Contents Some ICT Information ASEAN Introduction AEC Introduction ICT & ASEAN Integration International Business International Trade Rules ASEAN Framework
More informationIndonesia and The Implementation of ASEAN Economic Community
Indonesia and The Implementation of ASEAN Economic Community International Business Management Esther Kezia Simanjuntak 3099190 ABSTRACT Asean Economic Community (AEC) 2015 is a free market realization
More informationChapter 9. Regional Economic Integration
Chapter 9 Regional Economic Integration Global Talent Crunch The Global Talent Crunch Over the next decade, it is estimated that the growth in demand for collegeeducated talent will exceed the growth in
More informationTrans-Pacific Trade and Investment Relations Region Is Key Driver of Global Economic Growth
Trans-Pacific Trade and Investment Relations Region Is Key Driver of Global Economic Growth Background The Asia-Pacific region is a key driver of global economic growth, representing nearly half of the
More informationSoutheast Asian Economic Outlook: With Perspectives on China and India Thematic focus: Narrowing development gaps 2013 edition
Southeast Asian Economic Outlook: With Perspectives on China and India Thematic focus: Narrowing development gaps 2013 edition November 2012, Bangkok, Thailand Kensuke Tanaka Head of Asia Desk OECD Development
More informationTOWARD AN INTEGRATED ASEAN LABOR MARKET FOR ASEAN ECONOMIC COMMUNITY: PROSPECTS AND CHALLENGES FOR CLML COUNTRIES AND THE ROLE OF TAIWAN
TOWARD AN INTEGRATED ASEAN LABOR MARKET FOR ASEAN ECONOMIC COMMUNITY: PROSPECTS AND CHALLENGES FOR CLML COUNTRIES AND THE ROLE OF TAIWAN NGUYEN HUY HOANG, PHD INSTITUTE FOR SOUTHEAST ASIAN STUDIES, HANOI,
More information3) The European Union is an example of integration. A) regional B) relative C) global D) bilateral
1 International Business: Environments and Operations Chapter 7 Economic Integration and Cooperation Multiple Choice: Circle the one best choice according to the textbook. 1) integration is the political
More informationASEAN in the Global Economy An Enhanced Economic and Political Role
ASEAN in the Global Economy An Enhanced Economic and Political Role By Anita Prakash & Ikumo Isono 1. The Growth of ASEAN as a Major Economic Group 2. ASEAN Economic Community (AEC) as a Hub of Services
More informationThe Development of Sub-Regionalism in Asia. Jin Ting 4016R330-6 Trirat Chaiburanapankul 4017R336-5
The Development of Sub-Regionalism in Asia Jin Ting 4016R330-6 Trirat Chaiburanapankul 4017R336-5 Outline 1. Evolution and development of regionalization and regionalism in Asia a. Asia as a region: general
More informationASEAN: THE AEC IS HERE, FINALLY 2030: NOMINAL GDP USD TRILLION US CHINA EURO AREA ASEAN JAPAN UK $20.8 $34.6 IN IN
14: NOMINAL GDP USD TRILLION US EURO AREA CHINA JAPAN UK $2.9 $4.6 : THE AEC IS HERE, FINALLY $1.4 $13.4 $17.4 3: NOMINAL GDP USD TRILLION US CHINA EURO AREA JAPAN UK $6.8 $6.4 $8.5 $.8 $34.6 $33.6 $2.5
More informationIIPS International Conference
助成 Institute for International Policy Studies Tokyo IIPS International Conference Building a Regime of Regional Cooperation in East Asia and the Role which Japan Can Play Tokyo December 2-3, 2003 Potential
More informationAsean Economic Community. By Muhammad Dhafi Iskandar
Asean Economic Community By Muhammad Dhafi Iskandar On 8 August 1967, the Foreign Ministers of Indonesia, Malaysia, the Philippines, Singapore and Thailand sat down together in the main hall of the Department
More informationASEAN and the EU. Political dialogue and security cooperation. Working closely for 40 years. Wednesday, 11 May, :22
Wednesday, 11 May, 2016-14:22 ASEAN and the EU The EU and ASEAN have a dynamic partnership in a number of areas, from political dialogue, cooperation in non-traditional security areas, trade and investment
More informationKeynote Speech by H.E. Le Luong Minh Secretary-General of ASEAN at the ASEAN Insights Conference 11 September 2014, London
Keynote Speech by H.E. Le Luong Minh Secretary-General of ASEAN at the ASEAN Insights Conference 11 September 2014, London Mr Michael Lawrence, Chief Executive, Asia House Excellencies, Distinguished Guests,
More informationEconomic integration: an agreement between
Chapter 8 Economic integration: an agreement between or amongst nations within an economic bloc to reduce and ultimately remove tariff and nontariff barriers to the free flow of products, capital, and
More informationSaowaruj Rattanakhamfu* Senior Research Fellow, Thailand Development Research Institute
Thailand Saowaruj Rattanakhamfu* Senior Research Fellow, Thailand Development Research Institute Introduction The Association of Southeast Asian Nations (ASEAN) was established in 1967, with the founding
More informationCICP Policy Brief No. 8
CICP Policy Briefs are intended to provide a rather in depth analysis of domestic and regional issues relevant to Cambodia. The views of the authors are their own and do not represent the official position
More informationTowards ASEAN Economic Community 2025!
ISSN 2335-6677 #43 2013 RESEARCHERS AT SINGAPORE S INSTITUTE OF SOUTHEAST ASIAN STUDIES SHARE THEIR UNDERSTANDING OF CURRENT EVENTS Singapore 8 Jul 2013 Towards ASEAN Economic Community 2025! By Sanchita
More informationASEAN Community: ASEAN Political Security Community Public Seminar ASEAN: My Choice, My Future
ASEAN Community: ASEAN Political Security Community Public Seminar ASEAN: My Choice, My Future 12 th December 2015 1. Background ASEAN: founded on 8 August 1967 by 5 countries ( Indonesia, Malaysia, Philippines,
More informationThe Maghreb and Other Regional Initiatives: A Comparison
4 The Maghreb and Other Regional Initiatives: A Comparison CLAIRE BRUNEL Regions are growing in size and power, starting with the Maghreb s close neighbors in the European Union and extending to regional
More informationPRESS STATEMENT. BY THE CHAIRPERSON OF THE 9th ASEAN SUMMIT AND THE 7th ASEAN + 3 SUMMIT BALI, INDONESIA, 7 OCTOBER 2003
PRESS STATEMENT BY THE CHAIRPERSON OF THE 9th ASEAN SUMMIT AND THE 7th ASEAN + 3 SUMMIT BALI, INDONESIA, 7 OCTOBER 2003 1. ASEAN leaders held a very productive meeting this morning following a working
More informationEconomics of the Trans- Pacific Partnership (TPP)
Economics of the Trans- Pacific Partnership (TPP) AED/IS 4540 International Commerce and the World Economy Professor Sheldon sheldon.1@osu.edu What is TPP? Trans-Pacific Trade Partnership (TPP), signed
More informationIndonesia s Chairmanship of ASEAN 2011 and Future Relations of ASEAN-Australia
Indonesia s Chairmanship of ASEAN 2011 and Future Relations of ASEAN-Australia Monash Asia Institute, Monash University H. E. Ngurah Swajaya Ambassador/ Permanent Representative of the Republic of Indonesia
More informationASEAN Economic Community (AEC): Can ASEAN learn from the EU?
ASEAN Economic Community (AEC): Can ASEAN learn from the EU? Dr Patrick Ziegenhain Visiting Professor Dept of Business Administration Atma Jaya Catholic University Jakarta 23 February 2016 ASEAN ASEAN
More informationProliferation of FTAs in East Asia
Proliferation of FTAs in East Asia Shujiro URATA Waseda University and RIETI April 8, 2005 Contents I. Introduction II. Regionalization in East Asia III. Recent Surge of FTAs in East Asia IV. The Factors
More informationChapter Nine. Regional Economic Integration
Chapter Nine Regional Economic Integration Introduction 9-3 One notable trend in the global economy in recent years has been the accelerated movement toward regional economic integration - Regional economic
More informationPROTOCOL TO IMPLEMENT THE TENTH PACKAGE OF COMMITMENTS ON AIR TRANSPORT SERVICES UNDER THE ASEAN FRAMEWORK AGREEMENT ON SERVICES
Final Text PROTOCOL TO IMPLEMENT THE TENTH PACKAGE OF COMMITMENTS ON AIR TRANSPORT SERVICES UNDER THE ASEAN FRAMEWORK AGREEMENT ON SERVICES The Governments of Brunei Darussalam, the Kingdom of Cambodia,
More information1. East Asia. the Mekong region; (ii) environment and climate change (launch of the A Decade toward the Green Mekong. Part III ch.
1. East Asia East Asia consists of a variety of nations: countries such as Republic of Korea and Singapore, which have attained high economic growth and have already shifted from aid recipients to donors;
More informationJapan s Policy to Strengthen Economic Partnership. November 2003
Japan s Policy to Strengthen Economic Partnership November 2003 1. Basic Structure of Japan s External Economic Policy -Promoting Economic Partnership Agreements with closely related countries and regions
More information"Prospects for East Asian Economic Integration: A Plausibility Study"
Creating Cooperation and Integration in Asia -Assignment of the Term Paper- "Prospects for East Asian Economic Integration: A Plausibility Study" As a term paper for this Summer Seminar, please write a
More information5 th International Federation of Surveyors Regional Conference for Africa
5 th International Federation of Surveyors Regional Conference for Africa 5 th International Federation of Surveyors Regional Conference for Africa Promoting Land Administration and Good Governance Implementing
More informationLecture 4 Multilateralism and Regionalism. Hyun-Hoon Lee Professor Kangwon National University
Lecture 4 Multilateralism and Regionalism Hyun-Hoon Lee Professor Kangwon National University 1 The World Trade Organization (WTO) General Agreement on Tariffs and Trade (GATT) A multilateral agreement
More informationVOICES: Bulletin of the ASEAN Socio-Cultural Community
VOICES: Bulletin of the ASEAN Socio-Cultural Community No. 1, October 2017 Table of Contents The ASEAN Socio-Cultural Community: Working towards a Dynamic and Resilient ASEAN Socio-Cultural Community 2
More informationEmployment opportunities and challenges in an increasingly integrated Asia and the Pacific
Employment opportunities and challenges in an increasingly integrated Asia and the Pacific KEIS/WAPES Training on Dual Education System and Career Guidance Kee Beom Kim Employment Specialist ILO Bangkok
More informationExternal Partners in ASEAN Community Building: Their Significance and Complementarities
External Partners in ASEAN Community Building: Their Significance and Complementarities Pushpa Thambipillai An earlier version of this paper was presented at the ASEAN 40th Anniversary Conference, Ideas
More informationRomeo Jr. Abad Arca Assistant Director Community Relations Division
Romeo Jr. Abad Arca Assistant Director Community Relations Division ASEAN: Association of South East Asian Nations 10 MEMBER STATES Brunei Darussalam (7 January 1984) Cambodia (30 April 1999) Indonesia
More informationTurning Trade Opportunities and Challenges into Trade: Implications for ASEAN Countries
Turning Trade Opportunities and Challenges into Trade: Implications for ASEAN Countries Dr. Ponciano Intal, Jr The OECD-WB Global Forum on Globalization, Comparative Advantage and Trade Policy Chengdu,
More informationSECTION THREE BENEFITS OF THE JSEPA
SECTION THREE BENEFITS OF THE JSEPA 1. Section Two described the possible scope of the JSEPA and elaborated on the benefits that could be derived from the proposed initiatives under the JSEPA. This section
More informationASEAN LEADERS VISION FOR A RESILIENT AND INNOVATIVE ASEAN
ASEAN LEADERS VISION FOR A RESILIENT AND INNOVATIVE ASEAN We, the Heads of State/Government of the Member States of the Association of Southeast Asian Nations (ASEAN), namely Brunei Darussalam, the Kingdom
More informationInvesting in ASEAN asean
Association of Southeast Asian Nations Investing in ASEAN asean 2015 2016 one vision one identity one community Brunei Darussalam Cambodia Indonesia Lao PDR Malaysia Myanmar Philippines Singapore Thailand
More informationExecutive Summary of the Report of the Track Two Study Group on Comprehensive Economic Partnership in East Asia (CEPEA)
Executive Summary of the Report of the Track Two Study Group on Comprehensive Economic Partnership in East Asia (CEPEA) 1. Economic Integration in East Asia 1. Over the past decades, trade and investment
More informationTrack Session II Realizing ASEAN s Full Human Capital Potential Through Free Flow of Labor
Track Session II Realizing ASEAN s Full Human Capital Potential Through Free Flow of Labor Carmela I. Torres DWT Bangkok ILO Regional Office for Asia and the Pacific 2 nd Asian Business Conference Manila,
More informationVIETNAM FOCUS. The Next Growth Story In Asia?
The Next Growth Story In Asia? Vietnam s economic policy has dramatically transformed the nation since 9, spurring fast economic and social development. Consequently, Vietnam s economy took off booming
More informationASEAN FRAMEWORK AGREEMENT FOR THE INTEGRATION OF PRIORITY SECTORS
ASEAN FRAMEWORK AGREEMENT FOR THE INTEGRATION OF PRIORITY SECTORS WE, the Heads of Government/State of Brunei Darussalam, the Kingdom of Cambodia, the Republic of Indonesia, the Lao People's Democratic
More informationReport. This version available at: Originally available from LSE IDEAS. Available in LSE Research Online: May 2012
Dionisius A. Narjoko and Teguh Y. Wicaksono ASEAN: perspectives on economic integration: achieving the ASEAN Economic Community agenda: an Indonesian perspective Report Original citation: Narjoko, Dionisius
More informationContemporary theory, practice and cases By Ilan Alon, Eugene Jaffe, Christiane Prange & Donata Vianelli
Global Marketing Contemporary theory, practice and cases By Ilan Alon, Eugene Jaffe, Christiane Prange & Donata Vianelli Chapter 3 Regional Trade and Emerging Markets Learning objectives After reading
More informationContributions of International Organizations towards Globalization in the 21 st Century
Contributions of International Organizations towards Globalization in the 21 st Century Dr. David S. Y. Cheng, Faculty (Business) Upper Iowa University Hong Kong Campus ABSTRAST In principle, a nation
More informationASEAN ECONOMIC BULLETIN January 2016
ASEAN ECONOMIC BULLETIN January 2016 HIGHLIGHTS Although 2016 started with heightened global uncertainty, it could be a better year for ASEAN s economy, equivalent to the world s 7 th largest. The IMF
More informationTrade Integration in ASEAN:
Trade Integration in ASEAN: Economic and Institutional Dimensioni Sachin Chaturvedi Managing Regional and Global Governance in Asia: OPPORTUNITIES AND CHALLENGES FOR THE ASEAN ECONOMIC COMMUNITY (AEC)
More informationEconomic Development: Miracle, Crisis and Regionalism
Economic Development: Miracle, Crisis and Regionalism Min Shu School of International Liberal Studies Waseda University 18 Dec 2017 IR of Southeast Asia 1 Outline of the Lecture Southeast Asian economies
More informationFree Trade Vision for East Asia
CEAC Commentary introduces outstanding news analyses and noteworthy opinions in Japan, but it does not represent the views of CEAC as an institution. April 28, 2005 Free Trade Vision for East Asia By MATSUDA
More informationChina ASEAN Relations: Opportunities and Challenges for Development
Rising Powers Workshop 1 Beijing, 15-16 July 2010 China ASEAN Relations: Opportunities and Challenges for Development Prof. Dr. Dang Nguyen Anh Vietnam Academy of Social Sciences (VASS) ASEAN The Association
More information6. Policy Recommendations on How to Strengthen Financial Cooperation in Asia Wang Tongsan
6. Policy Recommendations on How to Strengthen Financial Cooperation in Asia Wang Tongsan Institute of Quantitative & Technical Economics Chinese Academy of Social Sciences -198- Since the Chiang Mai Initiative
More informationAPEC s Bogor Goals Mid-Term Stock Taking and Tariff Reduction
APEC Study Center Consortium Conference 2 PECC Trade Forum 2 22-2 May 2, Hotel Shilla, Jeju, Korea APEC s Bogor Goals Mid-Term Stock Taking and Tariff Reduction 1993 Blake s Island, US Hikari Ishido (Associate
More informationGlobalization 10/5/2011. International Economics. Five Themes of Geography
International Economics G L O B A L I Z A T I O N, T H E F L A T W O R L D, A N D T H E I M P A C T O F T R A D E! Five Themes of Geography Globalization? Location Relative Location Absolute Location Place
More informationSession 12. International Political Economy
Session 12 International Political Economy What is IPE? p Basically our lives are about political economy. p To survive we need food, clothes, and many other goods. p We obtain these provisions in the
More informationFRAMEWORK FOR COMPREHENSIVE ECONOMIC PARTNERSHIP BETWEEN THE ASSOCIATION OF SOUTHEAST ASIAN NATIONS AND JAPAN
FRAMEWORK FOR COMPREHENSIVE ECONOMIC PARTNERSHIP BETWEEN THE ASSOCIATION OF SOUTHEAST ASIAN NATIONS AND JAPAN WE, the Heads of State/Governments of Brunei Darussalam, the Kingdom of Cambodia, the Republic
More informationAsia-Pacific to comprise two-thirds of global middle class by 2030, Report says
Strictly embargoed until 14 March 2013, 12:00 PM EDT (New York), 4:00 PM GMT (London) Asia-Pacific to comprise two-thirds of global middle class by 2030, Report says 2013 Human Development Report says
More informationEast Asian Regionalism and the Multilateral Trading System ERIA
Chapter II.9 East Asian Regionalism and the Multilateral Trading System ERIA Yose Rizal Damuri Centre for Strategic and International Studies (CSIS) November 2013 This chapter should be cited as Damuri,
More informationSeminar on Trade Facilitation in East Asia November 2004, Shanghai, China
Seminar on Trade Facilitation in East Asia November 2004, Shanghai, China TRADE FACILITATION: Development Perspectives and Approaches of ASEAN in 2004 Presentation by Noordin Azhari Director, Bureau for
More informationPitchanuch Supavanich Senior Officer, ASEAN Socio-Cultural Community Department ASEAN Secretariat
ASEAN COOPERATION ON SOCIAL PROTECTION ILO-China-ASEAN High Level Seminar to achieve the SDGs on Universal Social Protection through South-South and Triangular Cooperation 6-8 September 2016 Beijing, China
More informationASEAN-CHINA STRATEGIC PARTNERSHIP VISION 2030
ASEAN-CHINA STRATEGIC PARTNERSHIP VISION 2030 We, the Heads of State/Government of the Member States of the Association of Southeast Asian Nations (ASEAN) and the People s Republic of China, gathered on
More informationINTERNATIONAL ECONOMICS, FINANCE AND TRADE Vol. II - Globalization and the Evolution of Trade - Pasquale M. Sgro
GLOBALIZATION AND THE EVOLUTION OF TRADE Pasquale M. School of Economics, Deakin University, Melbourne, Australia Keywords: Accountability, capital flow, certification, competition policy, core regions,
More informationIntegrating the Mekong Region into ASEAN. Chia Siow Yue. Singapore Institute of International Affairs
1 Integrating the Mekong Region into ASEAN Chia Siow Yue Singapore Institute of International Affairs chiasy@singnet.com.sg Paper for presentation at the Seminar on Accelerating Development in the Mekong
More informationAPPLICATION OF WTO IN ASEAN INCLUDING FOREIGN DIRECT INVESTMENT
APPLICATION OF WTO IN ASEAN INCLUDING FOREIGN DIRECT INVESTMENT KENNETH GOH (Deputy Executive Director Bar Council Malaysia) 1. Introduction Establishment of the WTO The General Agreement on Tariffs and
More informationWhat is APSC (APSC Blueprint ) Indonesia s chairmanship in ASEAN Priorities Challenges Recommendations
Lina A. Alexandra What is APSC (APSC Blueprint 2009-2015) Indonesia s chairmanship in ASEAN 2011 Priorities Challenges Recommendations One of the pillars of ASEAN Community ASEAN Vision 2020 accelerated
More informationASEAN ECONOMIC INTEGRATION 2015: Implications to Social Studies Teaching in the K to 12 Curriculum. Rowena Raton-Hibanada
ASEAN ECONOMIC INTEGRATION 2015: Implications to Social Studies Teaching in the K to 12 Curriculum Rowena Raton-Hibanada To answer the questions: Objectives: What is ASEAN INTEGRATION 2015? Challenges?
More informationIssue Papers prepared by the Government of Japan
Issue Papers prepared by the Government of Japan 25th June 2004 1. Following the discussions at the ASEAN+3 SOM held in Yogyakarta, Indonesia on 11th May 2004, the Government of Japan prepared three issue
More informationSTRATEGIC PLAN OF CUSTOMS DEVELOPMENT : INTEGRATION AND MODERNISATION OF ASEAN CUSTOMS FOR ESTABLISHMENT OF THE ASEAN ECONOMIC COMMUNITY BY
ANNEX A STRATEGIC PLAN OF CUSTOMS DEVELOPMENT 2011-2015: INTEGRATION AND MODERNISATION OF ASEAN CUSTOMS FOR ESTABLISHMENT OF THE ASEAN ECONOMIC COMMUNITY BY 2015 Introduction 1. The Declaration of ASEAN
More informationInternational Political Economy
Chapter 12 What is IPE? International Political Economy p Basically our lives are about political economy. p To survive we need food, clothes, and many other goods. p We obtain these provisions in the
More informationStudy on Regional Economic integration in Asia and Europe
EUROPEAN COMMISSION DIRECTORATE GENERAL ECONOMIC AND FINANCIAL AFFAIRS International questions Economic affairs within the Asian and Latin-American countries and within Russia and the new independent states
More informationASEAN Cooperation & Harmonization
ASEAN Cooperation & Harmonization by Yuppadee JAVROONGRIT, Ph.D. Co-Chair of ACCSQ/, ASEAN Drug Control Division, FDA, Thailand The ICH-Global Cooperation Group Meeting Westin Michigan Ave. Hotel, Chicago,
More informationPresentation on TPP & TTIP Background and Implications. by Dr V.S. SESHADRI at Centre for WTO Studies New Delhi 3 March 2014
Presentation on TPP & TTIP Background and Implications by Dr V.S. SESHADRI at Centre for WTO Studies New Delhi 3 March 2014 Contents of Presentation 1. What is TPP? 2. What is TTIP? 3. How are these initiatives
More informationUPDATE. Asia at the Crossroads: 5 forces transforming Asia-Pacific region Fraser Thompson, AlphaBeta
UPDATE Asia at the Crossroads: 5 forces transforming Asia-Pacific region Fraser Thompson, AlphaBeta Email: fraser.thompson@alphabeta.com Website: www.alphabeta.com 0 9 8 7 6 Million USD 500,000 USD 00,000
More informationMAKING OF THE ASEAN COMMUNITY: ECONOMIC INTEGRATION AND ITS IMPACT ON WORKERS IN SOUTHEAST ASIA
MAKING OF THE ASEAN COMMUNITY: ECONOMIC INTEGRATION AND ITS IMPACT ON WORKERS IN SOUTHEAST ASIA Fumitaka Furuoka, Asia-Europe Institute, University of Malaya, Kuala Lumpur, Malaysia. Roslinah Mahmud, Human
More informationASEAN External Relations
Partnerships We see an outward-looking ASEAN playing a pivotal role in the international fora, and advancing ASEAN s common interests. We envision ASEAN having an intensified relationship with its Dialogue
More informationThe RCEP: Integrating India into the Asian Economy
Indian Foreign Affairs Journal Vol. 8, No. 1, January March 2013, 41-51 The RCEP: Integrating India into the Asian Economy Kristy Hsu * The ten member states of the Association of Southeast Asian Nations
More informationThe Beijing Declaration on South-South Cooperation for Child Rights in the Asia Pacific Region
The Beijing Declaration on South-South Cooperation for Child Rights in the Asia Pacific Region 1. We, the delegations of Afghanistan, Bangladesh, Bhutan, Brunei Darussalam, Cambodia, China, Democratic
More informationExpanding the Number of Semi-skilled and Skilled Emigrant Workers from Southeast Asia to East Asia
December 2007 TDRI Quarterly Review 3 Expanding the Number of Semi-skilled and Skilled Emigrant Workers from to Yongyuth Chalamwong Sujittra Rodsomboon * 1. INTRODUCTION Globalization links East and n
More informationJOINT STATEMENT ON ASEAN-NORWAY PARTNERSHIP
JOINT STATEMENT ON ASEAN-NORWAY PARTNERSHIP WE, the Foreign Ministers of Brunei Darussalam, the Kingdom of Cambodia, the Republic of Indonesia, the Lao People's Democratic Republic, Malaysia, the Republic
More informationThe BIGGEST in South East Asia!
The BIGGEST in South East Asia! FACTS : 1. Total area (including EEZ): around 7.9 million km 2 2. In a strategic location along major sea lanes from Indian Ocean to Pacific Ocean 3. The world s fourth
More informationGlobalisation and Open Markets
Wolfgang LEHMACHER Globalisation and Open Markets July 2009 What is Globalisation? Globalisation is a process of increasing global integration, which has had a large number of positive effects for nations
More informationPresentation on Southeast Asia
Presentation on Southeast Asia 1 Who is this? 2 Who is this? 3 Who is this? 4 Who is this? 5 Who is this? 6 Geopolitical Themes: Asia 7 7 Apex of Japan s WWII Expansion 1942 8 8 Collapse of US focus and
More information26 TH ANNUAL MEETING ASIA-PACIFIC PARLIAMENTARY FORUM
26 TH ANNUAL MEETING ASIA-PACIFIC PARLIAMENTARY FORUM RESOLUTION ON THE ROLE OF PARLIAMENTS IN PROMOTING SEAMLESS REGIONAL ECONOMIC INTEGRATION (Sponsored by Canada, Chile, Mexico, New Zealand and Viet
More information