The prospects of asean economic community.

Wibowo, Wahyudi (2013) The prospects of asean economic community. Journal of Economics, Business, & Accountancy, Ventura, 16 (2). pp. 187-198. ISSN 2087-3735

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Abstract

The world trading environment has changed during the last three decades, especially on the increasing tendency of regionalization. While ubiquitous regionalization is regarded as the new necessity, recent studies provide mixed views on the effectiveness of the current development of economic integration among the member countries of Association of Southeast Asian Nations (ASEAN). ASEAN regionalization has been commenced through AFTA in 1992 and recently ASEAN is moving toward further economic integration under the ASEAN Economic Community (AEC), which is planned to be implemented by 2015. Based on the characteristics of the ASEAN trade and investments, this research provides an outlook on the prospect of AEC. First, it provides picture related to the tendency of each of the ASEAN members in regard to their trading patterns. Second, it provides the outlook concerning the current structure and developmental phases of the ASEAN economies. Finally, it provides information about the gaps of development among the ASEAN economies, particularly between the ASEAN-6 and the ASEAN-CLMV.

Item Type: Article
Uncontrolled Keywords: Globalization, Regionalization, Regional Trading Agreement (RTA), ASEAN Economic Community (AEC).
Subjects: Business > Management
Divisions: Journal Publication
Depositing User: F.X. Hadi
Date Deposited: 29 Jan 2018 06:00
Last Modified: 19 Oct 2018 07:36
URI: http://repository.wima.ac.id/id/eprint/13767

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