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Book Cover
Author Yean

Title Moving the AEC beyond 2015: managing domestic consensus for community- building
Published ISEAS- Yusof Ishak Institute


Description 1 online resource
Contents Frontmatter -- CONTENTS -- FOREWORD / Pangestu, Mari -- PREFACE -- ACKNOWLEDGEMENTS -- LIST OF ABBREVIATIONS -- ABOUT THE CONTRIBUTORS -- 1. Introduction: Economic Interests and the ASEAN Economic Community / Yean, Tham Siew / Das, Sanchita Basu -- 2. ASEAN Economic Cooperation and Its Political Realities / Severino, Rodolfo C. / Thuzar, Moe -- 3. Indonesia's Implementation of Facilitation and Harmonization Measures under the AEC / Damuri, Yose Rizal -- 4. The AEC and Domestic Challenges in Malaysia: Examining the Liberalization of Services in AFAS / Yean, Tham Siew -- 5. The Philippines and the AEC Beyond 2015: Managing Domestic Challenges / Austria, Myrna S. -- 6. The AEC Beyond 2015: Implementation and Challenges for Singapore / Yue, Chia Siow / Das, Sanchita Basu -- 7. Moving the AEC Beyond 2015: Managing Domestic Economic Interests in Thailand / Sermcheep, Sineenat / Chirathivat, Suthiphand -- 8. Managing Domestic Consensus for ASEAN Community Building in Vietnam / Thanh, Vo Tri -- INDEX
Summary 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
Subject ASEAN Economic Community.
ASEAN Economic Community.
International economic integration.
International economic relations.
Southeast Asia -- Economic integration
Southeast Asia -- Foreign economic relations
Southeast Asia.
Form Electronic book
ISBN 9814695521