Realizing the ASEAN Economic Community: a comprehensive assessment

Realizing the ASEAN Economic Community :a comprehensive assessment -- Contents -- Illustrations -- Foreword -- Executive Summary -- Acknowledgements -- About the Contributors -- 1. Introduction by Michael G. Plummer and Chia Siow Yue -- 2. Regional Market for Goods, Services, and Skilled Labor by Zakariah Rashid, Fan Zhai, Peter A. Petri, Michael G. Plummer, and Chia Siow Yue -- 3. Competition Policy, Infrastructure, and Intellectual Property Rights by Wisarn Pupphavesa, Santi Chaisrisawatsuk,Sasatra Sudsawasd, and Sumet Ongkittikul -- 4. The AEC and Investment and Capital Flows by Rafaelita M. Aldaba, Josef T. Yap, and Peter A. Petri -- 5. Narrowing the Development Gap in ASEAN by Dionisius Narjoko, Pratiwi Kartika, and Teguh Wicaksono -- 6. Competitiveness and Leverage by Peter A. Petri -- 7. Benefits of the AEC by Michael G. Plummer and Chia Siow Yue -- References -- Appendix A: AEC Components -- Appendix B: The CGE Model -- Appendix C: Developments in Logistics and Aviation -- Appendix D: AEC Blueprint Excerpt -- Appendix E: ASEAN Free Trade Agreements: As of September 2008 -- Appendix F: ASEAN Member States' Free Trade Agreements: As of July 2008 -- Appendix G: ASEAN Imports and Exports, 2000 and 2006 -- Index.

The ASEAN Economic Community (AEC) constitutes the most ambitious programme of economic cooperation in the developing world. Its goal is to create no less than a free flow of goods, services, foreign direct investment, and skilled labour, as well as a freer flow of capital, throughout the region. Implementing this agenda will be technically and politically difficult. Hence, understanding the potential economic "payoff" is of the essence.The goal of this book is to assess empirically the like

The ASEAN Economic Community (AEC) constitutes the most ambitious programme of economic cooperation in the developing world. Its goal is to create no less than a free flow of goods, services, foreign direct investment, and skilled labour, as well as a freer flow of capital, throughout the region. Implementing this agenda will be technically and politically difficult. Hence, understanding the potential economic "payoff" is of the essence.The goal of this book is to assess empirically the likely economic effects of the AEC on the ASEAN Member States and associated stakeholders. It mobilizes a number of techniques to do so, and finds that the likely effects will be large, even greater than the anticipated effects of the Single Market Program in Europe, for example. The AEC will help the region improve competitiveness, facilitate the creation of production networks, foster the diffusion of 'best practices', and help ASEAN project its interests more effectively in an increasingly integrated, global economy