Suchergebnisse

Road to recovery : Singapore's journey through the global crisis -- Contents -- List of Tables -- List of Figures -- List of Boxes -- Foreword -- Acknowledgements -- Abbreviations -- 1. Introduction -- 2. Global Financial and Economic Crisis: Causes, Impact, and Policy Response -- 3. Impact of Global Economic Crisis on Singapore -- 4. Singapore's Policy Responses to the Global Economic Crisis -- 5. Singapore Economic Perspective and Future Policy Directions -- 6. Lessons Learnt -- Appendix I. MAS Monetary Policy Statements -- Appendix II. Key Budget FY2009 Initiatives -- Appendix III. Summary of the ESC Key Recommendations -- Appendix IV. Key Budget FY2010 Initiatives -- References -- Index -- About the Author.

This Perspective revisits the issue of establishing a customs union for ASEAN, and seeks to identify key challenges that would arise should the grouping decide to deepen economic integration. To this end, this article analyzes the GDP implications of an ASEAN customs union and discusses the border, beyond-the-border and political economy challenges in establishing such a deeper economic integration. The analysis concludes that despite net positive GDP gains from an ASEAN CU, there are significant economic and political challenges. However, ASEAN's track record, especially in economic integration, suggests that it has the capability to overcome them. Hence, there are grounds for cautious optimism about ASEAN's progress towards a full or partial CU post-2015.

Achieving the ASEAN economic community 2015 : challenges for member countries and businesses -- Contents -- Foreword -- Message -- Preface -- Acknowledgements -- Contributors -- Abbreviations -- 1. Introduction: State of Readiness of ASEAN Economies and Businesses -- 2. ASEAN's Readiness in Achieving the AEC 2015: Prospects and Challenges -- Part I: Challenges for Member Countries -- 3. Achieving the AEC 2015: Challenges for Brunei Darussalam -- 4. Achieving the AEC 2015: Challenges for Cambodia and its Businesses -- 5. AEC 2015, Cambodia, and the Lao PDR: View from the GMS -- 6. Deadline 2015: Assessing Indonesia's Progress towards the AEC -- 7. Towards an Integrated AEC: Where is Malaysia? -- 8. Achieving the AEC 2015: Challenges for the Philippines -- 9. ASEAN Economic Integration: Perspectives from Singapore -- 10. Achieving the AEC 2015: Challenges for Thailand -- 11. Achieving an Efficient AEC by 2015: A Perspective from Vietnam -- Part II: Challenges for the Private Sector -- 12. ASEAN Economic Integration: Challenges to Brunei Businesses -- 13. Perspective of the Indonesian Business Sector on the Regional Integration Process -- 14. Achieving the AEC 2015: Challenges for the Malaysian Private Sector -- 15. Role of the Private Sector in Regional Economic Integration: A View from The Philippines -- 16. Role of the Singapore Private Sector in ASEAN Economic Integration -- 17. Thailand's Perspective on the Role of the Private Sector in the Process of Regional Integration -- 18. The Private Sector's Participation in Regional Integration: A Perspective from Vietnam -- Part III: Conclusion and Recommendations -- 19. Conclusion and Recommendations for an Effective AEC -- Index.

Asia has witnessed a proliferation of free trade agreements (FTAs) since the turn of the millennium. The first regional agreement -- the ASEAN FTA -- was transformed into the ASEAN Economic Community at the end of 2015. In the meantime, ASEAN forged five ASEAN+1 FTAs and began to negotiate a sixteen-member Regional Comprehensive Economic Partnership (RCEP) Agreement. In parallel, the U.S.-led Trans-Pacific Partnership (TPP), supporting U.S. foreign policy of "Pivot to Asia", was broadly agreed in October 2015. The RCEP and the TPP are accompanied by other mega-regional integration processes developing elsewhere in the world, including the Transatlantic Trade and Investment Partnership for the European Union and the United States, and the Pacific Alliance among four Latin American member states. Meanwhile, APEC is also striving to meet its Bogor Goal targets and create a Free Trade Area of the Asia-Pacific. Each of these mega-regionals aims to achieve greater trade and investment liberalization and facilitation and more harmonized trade and investment rules so that all member economies can participate in the global value chain of production. Instead of undermining, these regional exercises can be building blocks for a more liberal global trading system supported by the World Trade Organization.This book ruminates on these regional agreements, their economic and strategic rationales and challenges during negotiations and afterwards. The book brings together eminent scholars and experts to deepen our understanding of the complex nature of the mega-regional trade agreements and their implications. It is useful both for the academic and research community and for policymakers who focus on trade and economic cooperation issues

Logistics development in ASEAN: complex challenges ahead -- FOREWORD -- EXECUTIVE SUMMARY -- Logistics Development in ASEAN: Complex Challenges Ahead -- 1. INTRODUCTION -- 2. KEY DRIVERS OF ASEAN'S LOGISTICS SECTOR -- 3. LOGISTICS DEVELOPMENT IN ASEAN-10 -- 4. FDI LIBERALIZATION AND FACILITATION IN ASEAN INTEGRATION -- 5. CONCLUSION.

The services sector plays an important role in ASEAN economies as it accounts for about half of the region's GDP and more than 45 per cent of its total employment. ASEAN aspires to deepen integration in the services sector in order to enhance the sector's contribution to economic development and growth in each country. Despite this, services liberalization has progressed slowly compared to goods liberalization both at the multilateral and the regional levels. Different regulatory mechanisms across countries have contributed to the slow pace of liberalization. Logistics is an important industry in the services sector. The integration of logistics is important for deepening economic integration in ASEAN as it facilitates the movement of goods, services and people within and across countries, among producers and from producers to consumers. In view of its importance, ASEAN has identified logistics as one of its priority integration sectors. It has also developed a Connectivity Master Plan and a Strategic Transport Plan, where logistics plays an important role. This book examines the current state of services liberalization in the ten ASEAN economies. It also assesses the FDI enabling environment and the extent of FDI liberalization in the logistics sector as well as the liberalization challenges encountered in each of the ASEAN economies. The book, thus, provides a comparative picture of services liberalization as well as the state of logistics liberalization and development in each of the ten ASEAN member countries. All these have important bearings on deepening ASEAN economic integration for 2025 and beyond

Economic interests and the ASEAN Economic Community / Tham Siew Yean and Sanchita Basu Das -- ASEAN economic cooperation and its political realities / Rodolfo C. Severino and Moe Thuzar -- Indonesia's implementation of facilitation and harmonization measures under the AEC / Yose Rizal Damuri -- The AEC and domestic challenges in Malaysia, examining the liberalization of services in AFAS / Tham Siew Yean -- The Philippines and the AEC beyond 2015 / Myrna S. Austria -- The AEC beyond 2015, implementation and challenges for Singapore / Siow Yue Chia and Sanchita Basu Das --Moving the AEC beyond 2015, managing domestic economic interests in Thailand / Sineenat Sermcheep and Suthiphand Chirathivat -- Managing domestic consensus for ASEAN community building in Vietnam / Vo Tri Thanh

The ten Southeast Asian economies reached a milestone on 31 December 2015, when they announced the formation of an ASEAN Community. Although this includes three pillars - ASEAN Political-Security Community, ASEAN Economic Community (AEC) and the ASEAN Socio-Cultural Community - it is the economic pillar that generates immense debate, due to its expected quantifiable benefits to member countries. This book, thus, focuses on the ASEAN Economic Community and seeks to explain the need for building domestic consensus within the member countries. It starts with an overview chapter describing the current achievements of the AEC. It then explores possible explanations for the achievements/non-achievements and offers a hypothesis on conflicting economic interests in a country as one possible explanation for gaps in implementation. This is because any form of economic liberalisation brings with it the winners and losers, thereby raising resistance to liberalization measures and slowing down the implementation process.The book includes six country chapters - Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam - that examine sources of domestic conflict/s in greater detail and depth. It also includes a regional chapter, co-authored by the ex-Secretary General of ASEAN, Mr Rodolfo Severino, that brings out the political nature of ASEAN economic cooperation since its inception in 1976. For ASEAN beyond 2015, the book articulates the need to obtain a strong domestic consensus that supports the integration initiatives of the AEC. This can be viewed as a way forward to accelerate and deepen integration within ASEAN. The book concludes with some suggestions on how each country can move towards achieving domestic consensus, based on the respective country level analysis