IDEAS home Printed from https://ideas.repec.org/b/era/eriabk/2012-mtr.html
   My bibliography  Save this book

Mid-Term Review of the Implementation of AEC Blueprint: Executive Summary

Editor

Listed:
  • Ponciano Intal

Author

Listed:
  • Ponciano Intal
  • Narjoko Dionisius
  • Yoshifumi Fukunaga

Abstract

The 41st ASEAN Economic Ministers (AEM) held in Bangkok in 2009, as conveyed by the AEM 2011 Chair, H.E. Mari Elka Pangestu’s 15 April 2011 letter to the Economic Research Institute for ASEAN and East Asia (ERIA) together with the Terms of Reference, requested ERIA to assist ASEAN in undertaking the Comprehensive Mid-Term Review (MTR) of the ASEAN Economic Community (AEC) Blueprint and in providing policy analyses/recommendations to the AEM in order to (a) assess the effectiveness of the adopted measures of the AEC Blueprint as well as the contribution of the AEC Blueprint measures to economic growth, employment, competitiveness and social welfare within ASEAN, and to (b) provide recommendations to enhance the implementation of the AEC Blueprint. The Terms of Reference of the MTR can be broken down into three (3) major tasks; namely: (a) implementation performance of the ASEAN Member States (AMSs) on the AEC measures; (b) the outcomes and impacts or contributions to the economy, actual or potential; and (c) way forward toward accelerated implementation of the AEC measures toward AEC 2015. The MTR covered most of the key measures in the AEC Blueprint. The analysis of the implementation performance of the AMSs is based on the results of the ERIA AEC Scorecard Phase 2 as well as on updates undertaken by the MTR Study Team. For outcomes and outputs, the MTR Study Team developed a number of questionnaires for small surveys or interviews of concerned officials or the private sector; the MTR Study Team also used secondary data where relevant. The analysis of economy wide effects relied on simulation analyses based on computable general equilibrium models. Three such models were used in the Study to examine the economy wide effects of services liberalization, regional integration in ASEAN and various FTA options, and the household impact of agriculture trade liberalization. In addition, two gravity models were also used to examine impact of CEPT tariff elimination on intra-ASEAN trade as well as bilateral investment flows. Finally, the MTR Study also made extensive use of the IDE-ERIA Geographic Simulation Model to examine the economic implications of transport and trade facilitation initiatives at a more spatially disaggregated level.

Suggested Citation

  • Ponciano Intal & Narjoko Dionisius & Yoshifumi Fukunaga, . "Mid-Term Review of the Implementation of AEC Blueprint: Executive Summary," Books, Economic Research Institute for ASEAN and East Asia (ERIA), number 2012-mtr edited by Ponciano Intal, Winter.
  • Handle: RePEc:era:eriabk:2012-mtr
    as

    Download full text from publisher

    File URL: http://www.eria.org/Mid-Term%20Review%20of%20the%20Implementation%20of%20AEC%20Blue%20Print-Executive%20Summary.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Itakura, Ken, 2014. "Impact of liberalization and improved connectivity and facilitation in ASEAN," Journal of Asian Economics, Elsevier, vol. 35(C), pages 2-11.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:era:eriabk:2012-mtr. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Hiroshi Okasaki). General contact details of provider: http://edirc.repec.org/data/eriadid.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.