ASEAN auto sector disunity implies competition danger

2015 ◽  
Keyword(s):  
Automobile Industry ◽  
Production Efficiency ◽  
Free Trade Area ◽  
Production Costs ◽  
Automotive Sector ◽  
Economic Community ◽  
Content Type ◽  
Trade Area ◽  
Partnership Model ◽  
Asean Economic Community

Subject Outlook for ASEAN's automobile industry under the ASEAN Economic Community. Significance Though officially espoused as a partnership model for the ASEAN Economic Community (AEC) free trade area, and a priority sector for cooperation, South-east Asia's automotive sector is still fragmented and nationally focused, even though the AEC's arrival is imminent at end-2015. Impacts ASEAN-based automakers will need to prioritise production efficiency to stay competitive. Standardisation may be needed to reduce production costs. Export opportunities will be constrained absent further progress on regulatory harmonisation.

ASEAN electronics industry competition will grow

2015 ◽  
Keyword(s):  
Supply Chains ◽  
Free Trade Area ◽  
Electronics Industry ◽  
The Philippines ◽  
Economic Community ◽  
Content Type ◽  
Trade Area ◽  
Industry Competition ◽  
Electronics Workers ◽  
Asean Economic Community

Subject Electronics and ICT investment outlook in ASEAN states. Significance South-east Asia is removing foreign investment barriers in most electronics industries, attempting to capitalise on closer economic ties with China and digitalisation of services. Changes in supply chains are drawing investment to cheaper production bases, including Vietnam and the Philippines, forcing established manufacturers Singapore, Malaysia and Thailand to compete with China for high-end markets. This trend will intensify ahead of the ASEAN Economic Community (AEC) free trade area, which will be implemented in late 2015. Impacts Investment markets will be liberalised under the ASEAN Economic Community. Trade liberalisation will require expanded South-east Asian supply chains, and boost electronics industry links with China. ASEAN governments will address skills gaps to provide electronics workers as the industry grows.

Expanding ASEAN sea trade could see piracy flare

2016 ◽  
Keyword(s):  
Free Trade Area ◽  
South East Asia ◽  
Economic Community ◽  
Judicial Cooperation ◽  
Maritime Piracy ◽  
Content Type ◽  
Trade Area ◽  
Intelligence Sharing ◽  
Asean Economic Community ◽  
And Training

Subject Maritime piracy in South-east Asia. Significance Shippers are likely to expand seaborne trade from 2016 following the initiation of the ASEAN Economic Community free trade area at the end of last year, which envisions more integrated and liberalised shipping. However, shippers are threatened by growing regional piracy on the high seas and maritime robbery in territorial waters. Impacts Shipping firms will need to make provision for crew security and training, and may require larger insurance subscriptions. Improved intra-ASEAN intelligence-sharing and judicial cooperation would help to counter piracy. Land-based measures such as building forensic capacity and public education (as Malaysia and others are doing) would be helpful.

scholarly journals The ASEAN WITHOUT A CUSTOMS UNION OR A SINGLE MARKET CONSEQUENCES OF THE ASEAN ECONOMIC COMMUNITY BLUEPRINT 2025

2020 ◽  
Vol 2 (1) ◽  
pp. 101-127
Author(s):  
Moh Firstananto Jerusalem
Keyword(s):  
Economic Integration ◽  
Free Trade Area ◽  
Single Market ◽  
Integration Theory ◽  
Customs Union ◽  
Economic Community ◽  
Trade Area ◽  
Market Economic ◽  
Asean Countries ◽  
Asean Economic Community

Abstract In the ASEAN Economic Community blueprint 2015 the term “single market” was used as a goal of economic community. Theoretically, single market is a level of economic integration after customs union. Under that blueprint, customs union could have a chance to be established as a necessary prerequisite for single market. However, the new blueprint 2025 does not adopt single market concept anymore. Different terms have been introduced namely “integrated and cohesive economy” and “unified market”. This article aims at assessing economic integration concept adopted in the ASEAN Economic Community blueprint by utilizing content analysis. It will review the change of concept by employing economic integration theory in order to indicate the direction of economic community goal. The finding is that the change of terms reflects the change of concept. As a result, ASEAN Economic Community will have a different direction in pursuing economic integration. Therefore, under the new blueprint ASEAN will not proceed to customs union and single market. However, it will remain at free trade area level of economic integration. In addition, ASEAN will not be a close trade block but tend to be an open regionalism in relation to non-ASEAN countries or regions. Keywords: ASEAN Economic Community, Customs Union, Single Market, Economic Integration, Open Regionalism.

scholarly journals Indonesia dan Persaingan di Era Asean Economic Community

2018 ◽  
Vol 2 (2) ◽  
Author(s):  
Hendra Maujana Saragih
Keyword(s):  
Free Trade ◽  
Free Trade Area ◽  
Economic Opportunity ◽  
Economic Community ◽  
Trade Area ◽  
Asean Member ◽  
Systemic Impact ◽  
Strategic Position ◽  
Asean Countries ◽  
Asean Economic Community

Abstract This paper focusing on looking at Indonesia's readiness to deal with the Era of the Economic Community in ASEAN with the urgency that Indonesia's preparations should have a systemic impact on Indonesia's economic growth. The socialization that has been carried out continues and continues to be inflated by every child of the nation so as not to lose compete and be swallowed by the existence of regional countries that really use ASEAN Economic Community as a positive and constructive economic opportunity for each ASEAN member country officially. ASEAN Economic Community is one form of Free Trade Area (FTA) and located in Southeast Asia .ASEAN Economic Community which is formed with a mission to make the economy in ASEAN to be better and able to compete with countries whose economy is more advanced than the condition of ASEAN countries currently. The realization of ASEAN Economic Community, can make ASEAN a more strategic position in the international arena. Researchers expect that with the realization of the ASEAN economic community can open the eyes of all parties, resulting in an inter-sectoral dialogue that will also complement each other among the stakeholders of the economic sector in ASEAN countries and this is very inherent formally. Keywords: Competition, Free Trade Area, Opportunity, Challenge

scholarly journals KONSISTENSI HUKUM WORLD TRADE ORGANIZATION (WTO) MENGENAI PRINSIP MOST FAVORED NATION (MFN) ATAS REGIONALISME DAN PANDANGANNYA TERHADAP ASEAN ECONOMIC COMMUNITY (AEC)

2015 ◽  
Vol 1 (2) ◽  
Author(s):  
Marko Cahya Sutanto
Keyword(s):  
Free Trade ◽  
Free Trade Area ◽  
Single Market ◽  
Economic Community ◽  
Most Favored Nation ◽  
Trade Area ◽  
General Obligation ◽  
Trading Partners ◽  
Asean Economic Community ◽  
The Moment

In 2015, Indonesia and other ASEAN members have a commitment to establish a single market region, i.e. free flow of goods and service, termed ASEAN Economic Community (hereinafter ‘AEC’). This arrangement is contrary to Most Favored Nation (MFN) principle under the General Agreement on Tariffs and Trade 1994, (hereinafter ‘GATT’). This paper aims to address the said violation according to the WTO/GATT law by analyzing (1) the general obligations and exceptions under the WTO/GATT, (2) regionalism in general and its existence in Southeast Asia, and (3) the interpretation of WTO’s compromise to regionalism. Under the GATT, there is a general obligation for members to treat their trading partners equally and give the same benefits to other members. However, there is an exception to this principle under article XXIV of the GATT, which based on the notion that regional trade agreements are a building block for multilateral openness. Yet, before applying this exception to the case at hand, AEC’s form must be determined. AEC’ has a structure of Free-Trade Area (hereinafter ‘FTA’) with a single market adhere to it, which according to WTO’s database there is one in force at the moment, namely ASEAN Free Trade Area (hereinafter ‘AFTA’). AFTA is not the equivalent to AEC because it covers more than just goods. Thus, the answer to apply the exception to AEC is inconclusive because even though it fits normatively, it does not have the necessary legitimacy.

Brunei's economic rebalance will lag ASEAN integration

2015 ◽  
Keyword(s):  
Oil And Gas ◽  
Oil Prices ◽  
Free Trade Area ◽  
Economic Benefits ◽  
Content Type ◽  
Trade Area ◽  
Knowledge Industry ◽  
Red Tape ◽  
Business Regulations ◽  
Asean Economic Community

Subject Brunei's economic rebalancing. Significance Brunei is liberalising trade and business regulations and seeking foreign investment ahead of the launch of the ASEAN Economic Community (AEC) free trade area from late 2015. Investment is needed in services and manufacturing to wean the economy off oil and gas; depressed global oil prices make this rebalancing more urgent. However, easing red tape and encouraging competition will bring economic benefits only in the long term. Impacts Absent higher oil prices, Brunei faces further public spending constraints. China's economic and geopolitical influence will grow in Brunei. Brunei is a candidate for overseas support to build its knowledge industry.

Uneven e-government will hinder South-east Asia trade

2015 ◽  
Keyword(s):  
Public Administration ◽  
Free Trade Area ◽  
Electronic Government ◽  
Content Type ◽  
Trade Area ◽  
Asean Member ◽  
Government Capacity ◽  
Asean Economic Community ◽  
Rural Industries ◽  
Governance Reforms

Subject E-government systems in ASEAN member states. Significance The ASEAN Economic Community (AEC) free trade area will be rolled out later this quarter. In part, the AEC requires development of electronic government (e-government) systems in ASEAN states. However, these systems are of uneven quality and capacity due to comparatively slow public administration and governance reforms, differing business and political cultures, bureaucratic divisions and technological divides. Impacts Uneven e-government systems could constrain the movement and monitoring of labour under the AEC. Rural-area governments will suffer e-government capacity gaps, constraining rural industries' development. International bodies' concerns about governance in ASEAN states will mute faith in e-government provisions.

ASEAN-China economic relationship will strengthen

2020 ◽  
Keyword(s):  
Free Trade Area ◽  
Production Costs ◽  
Global Trade ◽  
Content Type ◽  
Chinese Investment ◽  
Trade Area ◽  
Industrial Sectors ◽  
Manufacturing Sectors ◽  
Asean Countries ◽  
The Eu

Subject ASEAN-China economic cooperation. Significance Trade between China and the ASEAN states has grown fast over the last few years, even amid sluggish growth of global trade overall. Investment in ASEAN countries is already a key part of the globalisation strategies of many Chinese companies. The ASEAN-China Free Trade Area will probably increase its share of global trade as trade within it outpaces that within other major economic blocs, such as the EU and North America. Impacts Investment in ASEAN countries will help Chinese firms reduce production costs, tap local markets and avoid US tariffs. Chinese investment will help upgrade the infrastructure and domestic industrial sectors of ASEAN’s poorer economies. Competition between China and ASEAN countries will increase as the latter’s own manufacturing sectors develop.

scholarly journals STRATEGI PENGEMBANGAN INDUSTRI KREATIF BANDUNG OLEH PEMERINTAH KOTA BANDUNG DALAM MENGANTISIPASI IMPLEMENTASI ASEAN FREE TRADE AREA DAN ASEAN ECONOMIC COMMUNITY

2019 ◽  
Vol 4 (01) ◽  
pp. 66-122
Author(s):  
Mariane Delanova
Keyword(s):  
Free Trade ◽  
National Income ◽  
Free Trade Area ◽  
Creative Industries ◽  
Trade Barriers ◽  
Economic Sector ◽  
Economic Community ◽  
New Era ◽  
Trade Area ◽  
Asean Economic Community

ASEAN Free Trade Area (AFTA) and ASEAN Economic Community (AEC) has been implemented since 2015. It means ASEAN make a step into a new era, called free trade era, which is reducing all trade barriers, include tariff and non tarrif barriers. ASEAN has a vision, by implementing AFTA and EAC, to make Southeast Asia region can improve its economic sector, also improving economic sector of its member states, and so Indonesia. This research focuses on the strategic of Pemerintah Kota Bandung (The Local Government of Bandung City) to develop and improve the creative industres of Bandung City, especially in the era of AFTA and AEC. Also this research will explore the obstacles of creative industries of Bandung City in the era of AFTA and AEC. Creative industres of Bandung City have to reach the benefit from the implementing of AFTA and AEC, so creative industries of Bandung City will contribute to Indonesia�s national income, especially increasing Bandung City�s income.

scholarly journals Membangun Sekolah Dasar Berbasis Mutu di Indonesia untuk Meningkatkan Kualitas Lulusan

2020 ◽  
Vol 1 (1) ◽  
pp. 15-30
Author(s):  
Slamet Widodo ◽  
Yuni Yulianti
Keyword(s):  
Elementary School ◽  
Elementary Schools ◽  
Human Resources ◽  
Free Trade ◽  
Free Trade Area ◽  
Global Level ◽  
Economic Community ◽  
Trade Area ◽  
Excellent Service ◽  
Asean Economic Community

In welcoming AFTA (ASEAN Free Trade Area) and MEA (ASEAN Economic Community), Indonesian society's view on economy will be shifted to education. Schools will be excellent service product which will compete with each other. Particularly elementary schools will become major concern in creating skillful and competent graduates to face global challenges. Elementary schools will become the basic foundation for creating human resources who have qualified skills earlier based on the development of science and technology. Competent graduates of Elementary schools will be ready to compete at the global level, and vice versa. The way to produce competent graduates is by developing a quality-based elementary schools throughout Indonesia. Quality-based elementary school is an elementary school institution that prioritizes quality in producing competent graduates who are competent. The indicators of this quality-based elementary school consist of several criteria which are: 1) Focus on costumer, 2) total involvement, 3) Administering measurements, 4) Have high commitment, and 5) Performing sustainability improvement. Steps in building quality-based elementary schools are: 1) Organizing, 2) Planning, 3) Implementing, and 4) Monitoring. Hence, in order to embody a quality-based elementary school, it requires a good cooperation from all stakeholders and a strong commitment based on its indicators, steps and components.   Dalam menghadapi AFTA (ASEAN Free Trade Area) dan MEA (Masyarakat Ekonomi ASEAN) pandangan masyarakat Indonesia tentang ekonomi akan bergeser ke pendidikan. Sekolah akan menjadi ajang produk jasa yang bersaing antara sekolah satu dengan sekolah lainya. Khususnya pada sekolah dasar (SD) akan menjadi perhatian utama dalam menciptakan lulusan yang berkompeten (secara lebih dini siap) dalam menghadapi tantangan global. SD akan menjadi pondasi dasar untuk menciptakan sumber daya manusia (SDM) yang memiliki ilmu pengetahuan dan teknologi yang mumpuni dan sesuai dengan perkembangan zaman. Sehingga lulusan SD yang berkompeten akan siap bersaing di tingkat global, sebaliknya lulusan SD yang tidak berkompeten tidak siap untuk bersaing di tingkat global.Cara untuk menghasilkan lulusan yang berkompeten yaitu dengan mengembangkan SD berbasis mutu secara merata di seluruh Indonesia. SD berbasis mutu adalah lembaga SD yang mengutamakan mutu dalam menghasilkan lulusan yang berkompeten. Indikator atau kriteria SD bermutu terdiri dari:1)Fokus pada pelanggan,2) Keterlibatan total,3) Melakukan pengukuran,4) Komitmen, dan5) Melakukan perbaikan berkelanjutan. Langkah-langkah dalam membangun SD berbasis mutu, yaitu:1) Mengorganisasikan,2) Merencanakan,3) Mengimplementasikan,4) Memonitorg, dan 5. Perbaikan berkelanjutan. Jadi dapat disimpulkan bahwa mengembangkan SD bermutu memerlukan kerjasama semua pihak dan komitmen yang kuat dalam mewujudkannya sesuai dengan indikator sekolah bermutu, langkah-langkah dalam mewujudkan sekolah bermutu, dan perangkat sekolah bermutu. Kata Kunci: sekolah dasar bermutu, lulusan berkompeten, kompetensi siswa global

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