IDEAS home Printed from https://ideas.repec.org/b/era/eriabk/2017-asean@50-5.html
   My bibliography  Save this book

ASEAN @ 50 Volume 5: The ASEAN Economic Community Into 2025 and Beyond

Editor

Listed:
  • Rebecca Sta. Maria
  • Shujiro Urata
  • Ponciano S. Intal

Author

Listed:
  • Rebecca Sta. Maria
  • Shujiro Urata

    (Economic Research Institute for ASEAN and East Asia (ERIA))

  • Ponciano S. Intal

    (Economic Research Institute for ASEAN and East Asia (ERIA))

Abstract

ASEAN has successfully promoted economic integration by increasing intra-ASEAN trade and investment over 5 decades. This is despite the diversity of its member states in terms of the stages of economic development, political systems, ethnicities, and cultural backgrounds, thereby contributing to rapid economic development and growth. Progress in economic integration is realised through step-by-step confidence-building approach - or 'ASEAN way' - towards integration by adopting various ASEAN-wide schemes including the ASEAN Free Trade Area in 1993 and ASEAN Economic Community (AEC) in 2015. Looking to the future, ASEAN needs to undertake investment actively, increase productivity, and enhance connectivity to continue and accelerate economic growth and to realise sustainable and inclusive economic growth. Towards this end, the papers in this volume elaborate on several critical policy measures for moving the AEC forward into 2025 and beyond: promotion of seamless trade facilitation, managing rising non-tariff measures, reframing trade service sector development and liberalisation, institutionalisation of good regulatory practice, enhancing connectivity and participation in global value chains, promoting innovation, and others. The papers effectively sharpen the logic and deepen the insights for the above-mentioned policy measures which are identified and presented in the AEC 2025 Blueprint and other ASEAN blueprints. In addition, the volume emphasises that effective and speedy implementation of these measures by ASEAN and ASEAN Member States requires not only strong political will/commitment but also a monitoring and evaluation system that engenders deep engagement of and collaboration with the business community, think tanks and research institutes, and civil society for constructive feedback.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Rebecca Sta. Maria & Shujiro Urata & Ponciano S. Intal, 2017. "ASEAN @ 50 Volume 5: The ASEAN Economic Community Into 2025 and Beyond," Books, Economic Research Institute for ASEAN and East Asia (ERIA), number 2017-asean@50-5 edited by Rebecca Sta. Maria & Shujiro Urata & Ponciano S. Intal, November.
  • Handle: RePEc:era:eriabk:2017-asean@50-5
    as

    Download full text from publisher

    File URL: http://www.eria.org/ASEAN_50_Vol_5_Complete_Book.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ianchovichina, Elena & McDougall, Robert, 2000. "Theoretical Structure Of Dynamic Gtap," Technical Papers 28723, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    2. Hertel, Thomas, 1997. "Global Trade Analysis: Modeling and applications," GTAP Books, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, number 7685, December.
    3. Ianchovichina,Elena & Walmsley,Terrie L. (ed.), 2012. "Dynamic Modeling and Applications for Global Economic Analysis," Cambridge Books, Cambridge University Press, number 9781107011694, October.
    4. Itakura, Ken, 2014. "Impact of liberalization and improved connectivity and facilitation in ASEAN," Journal of Asian Economics, Elsevier, vol. 35(C), pages 2-11.
    5. Ianchovichina,Elena & Walmsley,Terrie L. (ed.), 2012. "Dynamic Modeling and Applications for Global Economic Analysis," Cambridge Books, Cambridge University Press, number 9781107002432, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Realising Smart Cities, 2022. "Realising Smart Cities," Chapters, in: Fukunari Kimura & Keita Oikawa (ed.), The Comprehensive Asia Development Plan (CADP) 3.0: Towards an Integrated, Innovative, Inclusive, and Sustainable Economy, chapter 11, pages 323-352, Economic Research Institute for ASEAN and East Asia (ERIA).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Minor, Peter & Walmsley, Terrie & Strutt, Anna, 2018. "State-owned enterprise reform in Vietnam: A dynamic CGE analysis," Journal of Asian Economics, Elsevier, vol. 55(C), pages 42-57.
    2. Ken Itakura & Hiro Lee, 2023. "Should the United States rejoin the Trans-Pacific trade deal?," International Economics and Economic Policy, Springer, vol. 20(2), pages 235-255, May.
    3. Erwin Corong & Thomas Hertel & Robert McDougall & Marinos Tsigas & Dominique van der Mensbrugghe, 2017. "The Standard GTAP Model, version 7," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 2(1), pages 1-119, June.
    4. Lee, Hiro & Itakura, Ken, 2018. "The welfare and sectoral adjustment effects of mega-regional trade agreements on ASEAN countries," Journal of Asian Economics, Elsevier, vol. 55(C), pages 20-32.
    5. Ken Itakura, 2020. "Evaluating the Impact of the US–China Trade War," Asian Economic Policy Review, Japan Center for Economic Research, vol. 15(1), pages 77-93, January.
    6. Ken Itakura, . "Assessing the Economic Effects of the Regional Comprehensive Economic Partnership on ASEAN Member States," Chapters, in: Lili Yan Ing (ed.), East Asian Integration (First Edition), chapter 1, pages 1-24, Economic Research Institute for ASEAN and East Asia (ERIA).
    7. Ken Itakura & Yoshifumi Fukunaga & Ikumo Isono, 2013. "A CGE Study of Economic Impact of Accession of Hong Kong to ASEAN-China Free Trade Agreement," Working Papers DP-2013-06, Economic Research Institute for ASEAN and East Asia (ERIA).
    8. Aguiar, Angel H. & Walmsley, Terrie L., 2014. "The importance of timing in the U.S. response to undocumented immigrants: A recursive dynamic approach," Economic Modelling, Elsevier, vol. 41(C), pages 253-262.
    9. J.A. Giesecke & R. Waschik & N.H. Tran, 2019. "Modelling the Consequences of the U.S.-China Trade War and Related Trade Frictions for the U.S., Chinese, Australian and Global Economies," Centre of Policy Studies/IMPACT Centre Working Papers g-294, Victoria University, Centre of Policy Studies/IMPACT Centre.
    10. James A. Giesecke & Nhi H. Tran & Robert Waschik, 2021. "Should Australia be concerned by Beijing’s trade threats: modelling the economic costs of a restriction on imports of Australian coal," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 65(1), pages 1-22, January.
    11. Alessandro Antimiani & Valeria Costantini & Anil Markandya & Chiara Martini & Alessandro Palma, 2014. "A dynamic CGE modelling approach for analyzing trade-offs in climate change policy options: the case of Green Climate Fund," Working Papers 2014-05, BC3.
    12. Hiro Lee & Ken Itakura, 2014. "TPP, RCEP, and Japan's Agricultural Policy Reforms," OSIPP Discussion Paper 14E003, Osaka School of International Public Policy, Osaka University.
    13. Terrie Walmsley & Peter Minor, 2020. "US Trade Actions Against China: A Supply Chain Perspective," Foreign Trade Review, , vol. 55(3), pages 337-371, August.
    14. Hiro Lee & Ken Itakura, 2015. "Applied General Equilibrium Analysis of Mega-Regional Free Trade Initiatives in the Asia-Pacific," OSIPP Discussion Paper 15E001, Osaka School of International Public Policy, Osaka University.
    15. Peter B. Dixon & Maureen Rimmer & Nhi Tran, 2019. "GTAP-MVH, A Model for Analysing the Worldwide Effects of Trade Policies in the Motor Vehicle Sector: Theory and Data," Centre of Policy Studies/IMPACT Centre Working Papers g-290, Victoria University, Centre of Policy Studies/IMPACT Centre.
    16. Susara J. Jansen Van Rensburg & Riaan Rossouw & Wilma Viviers, 2020. "Liberalizing Bangladesh’s Services Trade: Is Joining Trade in Services Agreement the Way to Go?," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 21(1), pages 99-121, March.
    17. Jayatilleke S. Bandara & Yiyong Cai, 2014. "The impact of climate change on food crop productivity, food prices and food security in South Asia," Economic Analysis and Policy, Elsevier, vol. 44(4), pages 451-465.
    18. Jane Golley & Rod Tyers & Yixiao Zhou, 2018. "Fertility and savings contractions in China: Long‐run global implications," The World Economy, Wiley Blackwell, vol. 41(11), pages 3194-3220, November.
    19. Itakura, Ken, 2019. "Incorporating Global Value Chains into the Dynamic GTAP Model [tentative results]," Conference papers 333111, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    20. Aguiar, Angel & Corong, Erwin & van der Mensbrugghe, Dominique, 2020. "The GTAP Recursive Dynamic (GTAP-RD) Model: Version 1.0," Conference papers 333133, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

    Book Chapters

    The following chapters of this book are listed in 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:2017-asean@50-5. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ranti Amelia (email available below). General contact details of provider: https://edirc.repec.org/data/eriadid.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.