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AEC pre2003

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AFTA Reader Volume V: The Sixth ASEAN Summit and the Acceleration of AFTA Reports the Sixth ASEAN Summit in December 1998 and the acceleration of the ASEAN Free Trade Area (AFTA) by the year 2002 for the six original signatories to the Agreement on the Common Effective preferential Tariff (CEPT) for AFTA, namely Brunei Darussalam, Indonesia, Malaysia, the Philippines, Singapore, and Thailand. Deals with developments in ASEAN customs cooperation, facilitation of goods in transit, and elimination of other non-tariff ba ...Continue Reading English 69001
Some Reflections about Japan and Their Relation with the Economic Integration Schemes in Asia: ASEAN, APEC, SAARC, and the Northeast Asia Economic Circle Sosa, Abelardo Cueto Studies factors which have given influence over the relations between Japan and the Asia integration schemes. Analyzes challenges faced by Japan, analyzing its weaknesses, threats, strengths, and opportunities. Details three points favorable to the Japan's integration process with Asia, covering communicable issue, volunteer governmental and non-governmental activities, and business cooperation. Describes the relations between Japan and each i ...Continue Reading English 68607
A Blueprint for Monetary Integration in East Asia Ngiam, Kee Jin Examines the state of Asian monetary cooperation, and its theoretical justification, considering the case for moving East Asia into a higher degree of monetary cooperation through monetary integration. Examines the stumbling blocks to monetary integration in East Asia, providing lessons learned in monetary integration from the experiences of Brunei and Singapore. Suggests a way forward for Asian monetary cooperation English 68501
The Asia Financial Crisis and Global Adjustment: Implications for U.S. Agriculture McKibbin, Warwick J Investigates the impact of the recent Asian financial crisis on global economic adjustment and its implication for U.S. agriculture, employing a multi-country, multi-sector dynamic intertemporal general equilibrium model with endogenously modeled financial markets--the G-Cubed (Agriculture) model. Illustrates that the Asian crisis reduces U.S. agricultural exports, global real interest rates, cost of energy and other intermediate inputs of produ ...Continue Reading English 68443
ASEAN Into the Next Millennium: ASEAN Vision 2020 Hanoi Plan of Action Presents the ASEAN Vision 2020 adopted by the ASEAN heads of state and government in Kuala Lumpur on 15 December 1997. Identifies strategic goals and direction of ASEAN, dealing with living in peace, stability and prosperity, bonded together in partnership in dynamic development and in community of caring society. Introduces Hanoi Plan of Action (HPA), the plan for long-term vision implementation, covering macroeconomic and financial cooperatio ...Continue Reading English 68376
New Asian Regionalism and ASEAN+3 Free Trade Agreement: Theoretical Foundation, Policy Challenges and Growth Prospects Hoa, Tran Van Focuses on the rising trends, heated discussions and growing support, at both the government, business and academic levels, to a new regional economic integration and free trade agreement (FTA), namely ASEAN+3 (ASEAN plus China, Japan and Korea), in Asia and their implications. Discusses the regional and international developments that essentially led to Asian FTAs and regional economic integration in Asia, reviewing the theoretical fundamentals ...Continue Reading English 68348
An Overview of the East Asian Financial Crisis Wuu-Long, Lin Reviews the causes and potential cures for the financial crisis in East Asia, noting the three phases of the contagion : Thailand's currency crisis, domino effect on ASEAN financial market, and spillover effect on global economy. Examines the causes of the financial crisis in terms of the common weaknesses of external accounts, overheated economy, shifting of global investment environment, pegged exchange rate, and weakness of financial systems. ...Continue Reading English 66731
Southeast Asia: Regionalism After the Economic Crisis Suthiphand Chirathivat Discusses economic crisis in 1997, focusing on the role of regionalism in Southeast Asia. Highlights the background of regional integration in Southeast Asia i.e. ASEAN. Deals with other regional integration e.g. North American Free Trade Area (NAFTA), ASEAN Free Trade Area (AFTA), and Asia-Pacific Economic Cooperation (APEC). Deals with regionalism after the economic crisis, noting how ASEAN managed the economic crisis. Discusses economic co ...Continue Reading Thai 65129
Rethinking Recovery Thaksin Shinawatra Presents a public lecture delivered by Prime Minister Thaksin Shinawatra, dealing with his government's thinking and strategy for Thai economic recovery. Shares lessons learned from Thailand's experiences from the 1997 economic crises. Mentions the people-centred development policies to help the nation's poor while strengthen the economic base, i.e. : the three-year debt suspension for farmers, the establishment of a People's Bank, the launch ...Continue Reading English 65064
International Trade in Services in Selected ASEAN Countries: Telecommunications and Finance Rajan, Ramkishen Outlines the analytical rationale in favour of liberalization of trade in services, focusing on the key infrastructural subsectors of telecommunications and finance. Overviews the state of deregulation and the schedule of liberalization of the two service subsectors in three middle-income ASEAN countries : Indonesia, Malaysia, and Thailand. Compares their GATS commitments in these sectors with those made under a regional agreement of ASEAN Fram ...Continue Reading English 65048
The Euro: The Changeover and Impact Suthiphand Chirathivat Deals with the background of the Euro, focusing on the changeover and the impact on world economy. Describes European Monetary System (EMS) before and after Maastricht Treaty. Notes the Resolution of the European Council on the Growth and Stability Pact, and the Resolution of the Council on Growth and Employment. Considers the principle and reason of the Euro. Studies the role of the Euro at international level. Discusses the impacts of the ...Continue Reading Thai 64700
ASEAN's Enlargement and Its Economic Implications Suthiphand Chirathivat Studies the enlargement of ASEAN and its economic implications for the grouping. Considers how the enlargement was developed, explaining economic framework of ASEAN's enlargement. Looks at how this enlargement would fit within the changing comparative advantage of the region, especially through a close look at each country's conditions. Raises major issues related to the outlook of what this enlargement would mean for ASEAN's future. Covers c ...Continue Reading English 64611
The Euro and Its Impact on ASEAN Economies Chaiwoot Chaipan Looks at the conditions that will create euro's dominance in the ASEAN economies, and to what extent they will be threatened or enhanced. Reviews background of European integration, citing European Monetary System (EMS), the creation of economic and monetary union (EMU), and euro currencies. Discusses impact of the euro on macroeconomic variables, and the impact on the ASEAN economies. Discusses how the euro's impact on ASEAN economies is marg ...Continue Reading English 64371
Burma: Getting Away with Murder Hiebert, Murray Deals with the deadly attack of the government supporters an Aung San Suu Kyi's motorcade on May 30, 2003 which destroyed any hopes for the UN-brokered process of reconciliation with Burma's military rulers. Mentions the US's outrages about this incident and steps taken by the US to impose trade sanctions against the ruling junta. Argues that sanctions will not deliver a devastating blow to the regime unless the four countries which have signed ...Continue Reading English 64261
Free-Trade Agreements: China's Tight Embrace Vatikiotis, Michael Focuses on the closely bounded relationship between China and members of the Association of Southeast Asian nations (ASEAN) under a free-trade agreement (FTA) that proposes to sweep away barriers to trade and investment within a decade. Mentions the dividing opinion between economists who regard the proposed FTA with China a serious economic threat to SE. Asia, and others who see the opportunity for ASEAN to unify its own disjointed market to co ...Continue Reading English 64236
PRC's Export Threat to ASEAN Weiss, John Discusses data on the nature of competition between ASEAN and China in the US and Japanese markets, citing share of US and Japan in total exports (1995-2000) for selected ASEAN economies and PRC structure of exports to the US and to the Japan for ASEAN and China by trade category and overlapping trade as a proportion of total exports to US. Sets out a methodology for assessing the competitiveness effect for ASEAN from China based on changing r ...Continue Reading English 63754
A Study of Thailand's Readiness to Establish Free Trade Areas, Final Report Investigates the potential benefits and impacts of the establishment of Free Trade Areas (FTAs). Analyzes the impacts of bilateral FTAs, covering Thai-Australia FTA, Thai-New Zealand FTA, and Thai-India FTA and multilateral FTAs, noting ASEAN-China FTA, ASEAN-Japan FTA, ASEAN-Korea FTA, and ASEAN+3 FTA. Analyzes how import tariff rates in all agricultural and industrial sectors will be cut to zero percent with the completion of the FTAs. Deta ...Continue Reading Thai 63352
A Study of Thailand's Readiness to Establish Free Trade Areas, Executive Summary Sothitorn Mallikamas Investigates the potential benefits and impacts of the establishment of Free Trade Areas (FTAs). Covers both bilateral FTAs, e.g. Thai-Australia FTA, Thai-New Zealand FTA, and Thai-India FTA and multilateral FTAs, e.g. ASEAN-China FTA, ASEAN-Japan FTA, ASEAN-Korea FTA, and ASEAN+3 FTA. Employs Global Trade Analysis Projects (GTAP) version 4 to analyze the impact of the FTAs, by using 1995 input-output tables as a production structure. Assumes ...Continue Reading Multilanguage 63351
AFTA and MERCOSUR at the Crossroads: Security, Managed Trade, and Globalization Eul-Soo, Pang Argues that ASEAN and MERCOSUR, the two regional markets, have reached the optimum point of intra-regional trade-creation under the existing political economy models due to the security concerns in Southeast Asia after 11 September terrorist attack and the crumbling promise of neoliberalism in South America. Examines the types of regional free trade arrangements a group of neomercantilist state driven economies like ASEAN and quasi-neoliberal ME ...Continue Reading English 63236
Catching the Dragon's Tail: China and Southeast Asia in the 21st Century Vatikiotis, Michael R.J Reviews briefly the relations between China and ASEAN countries. Gives an overview of China's role in the post-cold war era, reflecting China as an arrogant but benign partner from which the commercial advantage was mostly in favour of the Southeast Asian states. Mentions that most ASEAN states, in particular Thailand, have calculated that drowing closer to China politically brings tangible economic benefits. Argues that Thailand is a leading ...Continue Reading English 63201