ASEAN Economic Community: A Model for Asia-wide Regional Integration?

2016 ◽  
Vol 33 (1) ◽  
pp. 114-115
Author(s):  
Bruno Jetin ◽  
Mia Mikic ◽  
Christoph Casimir Odermatt ◽  
Keyword(s):  
Regional Integration ◽  
Economic Community ◽  
Asean Economic Community

IS THE �ASEAN ECONOMIC COMMUNITY� UNDERSIEGE? The New Trajectory of the Asean Economic Community the two Mega- Regional Agreements; �RCEP� and �TPP�

2017 ◽  
Vol 7 (1) ◽  
pp. 29-42
Author(s):  
Indra Kusumawardhana ◽  
Jeremiah Daniel
Keyword(s):  
Regional Integration ◽  
Global Economy ◽  
Global Capitalism ◽  
Economic Community ◽  
Great Achievement ◽  
Regional Agreements ◽  
Economic Partnership ◽  
Asean Economic Community ◽  
Regional Comprehensive Economic Partnership ◽  
Use Dependency

The ASEAN Economic Community (AEC) was signed by the leading nations of Southeast Asia in Kuala Lumpur on 31, December 2015. This was a great achievement of regional integration, pointing members of the AEC towards a single market awakening. Despite this tremendous progress, the reality is that ASEAN members are now involved in two mega-regional agreements. One, which has the potential to protect ASEAN centrality, ASEAN+6 or the Regional Comprehensive Economic Partnership (RCEP); and the other, the US-ledTrans-Pacific-Partnership Agreement. This participation by ASEAN members with various economic partners outside ASEAN may result in dependency to global capitalism networks.Departing from the above mentioned context, the core question then arises: Has the global economic structure provide an opportune precondition for the implementation of the ASEAN Economic Community (AEC)? To tackle this question, this essay will use Dependency Theory to analyze the global economicstructures which encase the AECs regional economic integration agenda and to reveal the ASEAN members dependence on global capitalism. This essay explores both the attempts of the ASEAN framework to create a comprehensive economic community; and the consequences of ASEAN integration with two mega-regional agreements in the region. It is argued that the dependency of ASEAN members on the structure of the global economy proves that it does not provide a proper pre-conditioning for the AEC to be implemented. Moreover, it will be hegemonic factors that challenge the existence of the AEC.

scholarly journals Borderless with Unequal Opportunity? Experts’ Perspectives on the ASEAN Economic Community and Impact on Indonesian Accountant Profession

2019 ◽  
Author(s):  
Desi Adhariani ◽  
Sylvia Siregar ◽  
Rini Yulius
Keyword(s):  
Regional Integration ◽  
Economic Community ◽  
Class Differences ◽  
Management Accountants ◽  
Class Stratification ◽  
Challenges And Opportunities ◽  
New Challenges ◽  
Asean Economic Community ◽  
The Impact ◽  
Depth Interviews

The ASEAN Economic Community (AEC), a regional integration in Southeast Asia that started at the end of 2015 and is expected to bring new challenges and opportunities. However, an assessment of the capabilities of Indonesian management accountants suggests that they may struggle with challenges because of the free flow of skilled labour. In this study, we aimed at presenting and analysing Indonesian experts’ perspectives on the readiness of management accounting professionals in Indonesia to work in the new economic era. It also provides recommendations for improvements in the profession. This research uses in-depth interviews as well as questionnaires distributed to top-level management; some of the participants are also working as academics in universities. This study found that class differences as theorised by Weber play significant roles in determining readiness. These differences could be attributed to the perceived qualities of universities in Indonesia, implying that management accountants from more reputable universities are more prepared than those from less prestigious institutions. The demand side analysis performed in this study implies the expectation gaps in skills and education due to the class stratification as a barrier. The gap found in this study has to be filled to optimise the open chances offered by AEC to the profession of accounting in Indonesia. Although this is not the first research about the impact of ASEAN Economic Community to a specific profession, the study has an original value of addressing such impact on the management accountant profession in Indonesia.

scholarly journals Asean Integration In Improving Indonesian Women Education: A Literature Review

2019 ◽  
Vol 1 (2) ◽  
pp. 42-45
Author(s):  
Rostiena Pasciana ◽  
Ieke Sartika Iriany
Keyword(s):  
Human Resources ◽  
Regional Integration ◽  
Educational Institutions ◽  
Foreign Workers ◽  
Economic Community ◽  
The World ◽  
Asean Countries ◽  
Cooperation Partners ◽  
Asean Economic Community ◽  
And Training

The Association of Southeast Asian Nations (ASEAN) is an organization of countries in Southeast Asia established in Bangkok, Thailand, on August 8, 1967 under the Bangkok Declaration by Indonesia, Malaysia, Philippines, Singapore, and Thailand. For more th an five decades ASEAN has experienced many positive and significant developments towards a more integrative and forward - looking stage with the establishment of an ASEAN Community by 2015.  The ASEAN Community not only affects the economic sector, but also other sectors, including "education" as an effort to build competitive human resources. The ASEAN Economic Community (AEC) challenges in education that will be faced are the proliferation o f foreign educational institutions, standardization of orientation in education, which is pro - market, and markets labor that will be flooded by foreign workers. Therefore, the era of ASEAN free trade should be welcomed by the world of education quickly, so that the human resources (HR) of Indonesia, especially by women who still have low resource. They should be prepared for facing an intense competition with other countries.  ASEAN countries have considered synchronizing the certification standards, streng thening, and improving the skills and knowledge of ASEAN youth and women in the regional integration process. Therefore, ASEAN countries have always been active in encouraging cooperative relations in various levels of education and training, at the same t ime encouraging all organizations and schools in each country to seek cooperation partners in other countries of the ASEAN region. 

Regional knowledge economies and global innovation networks – the case of Southeast Asia

2018 ◽  
Vol 9 (1) ◽  
pp. 66-86 ◽  
Author(s):  
Alexander Degelsegger-Márquez ◽  
Svend Otto Remøe ◽  
Rudie Trienes
Keyword(s):  
Economic Integration ◽  
Knowledge Production ◽  
Knowledge Economy ◽  
Regional Integration ◽  
Innovation Networks ◽  
Economic Community ◽  
Content Type ◽  
Asean Member ◽  
Global Innovation ◽  
Asean Economic Community

Purpose The purpose of this paper is to discuss the prospects of a Southeast Asian knowledge economy in light of regional integration processes and the participation of Southeast Asia in global innovation networks. Design/methodology/approach The evidence base is a combination of quantitative data on R&D investments, patent applications and publications, with qualitative data from 40 semi-structured expert interviews conducted with innovation experts, research managers and policymakers in six ASEAN Member States. Findings Despite economic growth and increases in R&D inputs and outputs in individual ASEAN Member States, innovation policy at regional ASEAN level remains weak. In addition, the economic integration of the ASEAN Economic Community is progressing slowly. In this environment, evidence is presented for a certain level of regional integration when it comes to the exploitation of knowledge produced within and outside of ASEAN. While a regional market for knowledge exploitation is conceivable, this is not accompanied by the regional integration of knowledge production. Practical implications The main practical implication of this argument is the need for ASEAN policymakers to appreciate the disconnection between regional knowledge production and exploitation. This paper offers conceptual tools to engage in ASEAN-level policy discussions on this issue that can help facilitate the best possible regional outcome. Originality/value Despite several studies on the ASEAN Economic Community process, there has been no contribution so far that combines a discussion of the economic integration process with a look at the regional knowledge economy and innovation systems. This perspective does not only contribute to innovation systems literature, but also entails important policy lessons.

Intercultural communicative competence: A vital skill in the context of ASEAN economic community

2015 ◽  
Vol 5 (1) ◽  
pp. 15 ◽  
Author(s):  
Thao Quoc Tran ◽  
Tham My Duong
Keyword(s):  
Regional Integration ◽  
English Language ◽  
Communicative Competence ◽  
Language Education ◽  
Intercultural Communicative Competence ◽  
Economic Community ◽  
Communication Breakdown ◽  
Investment Capital ◽  
Asean Countries ◽  
Asean Economic Community

ASEAN countries are about join in a single market and production base known as ASEAN Economic Community (AEC) 2015, which will enhance freer flows of goods, services, investment, capital, and people. This will enable the process of regional integration in which people from diverse cultures will live, meet, and work together. Accordingly, culture clash and shock and communication breakdown would seem to be unavoidable if people in ASEAN community are not well prepared in terms of intercultural communicative competence (ICC) in order to effectively and appropriately function in multicultural situations. Therefore, this paper discusses the reasons why ICC is a must-to-have in AEC, and gives some implications to promote ICC among people in terms of English language education. Keywords: English language (EL), ASEAN Economic Community (ACE), Intercultural communicative competence (ICC).

ASEAN textile sector investment needs will grow

2015 ◽  
Keyword(s):  
Supply Chains ◽  
Regional Integration ◽  
Labour Mobility ◽  
Economic Community ◽  
Content Type ◽  
Cross Border ◽  
Additional Capacity ◽  
Asean Economic Community ◽  
Assembly Operations ◽  
Textile Sector

Subject Investment needs in ASEAN's textiles and garments sector. Significance Textiles and garments will be a benchmark for the regional integration of manufacturing as ASEAN edges towards the ASEAN Economic Community (AEC) single market in late 2015. However, developing cross-border partnerships in garments production is constrained due to high costs and inadequate supply chains, deterring some investors looking to relocate low-end assembly operations from China. Impacts Integrating supply chains would reduce costs and over-reliance on imports, but infrastructure and transport limits will act as hurdles. Producers will invest in additional capacity and upgrading of operations to meet buyer demands. Emerging trade alliances could offer a competitive lifeline if producing countries commit to tariff reforms. Pressure to reform intra-ASEAN labour mobility regulations may grow.

scholarly journals What Does ASEAN Economic Community Bring to Older Workers? Examining Inequality in Old Age in Thailand’s Fast-Ageing Society

2019 ◽  
Vol 7 (1) ◽  
pp. 86
Author(s):  
Wenqian Xu ◽  
Sikander Islam
Keyword(s):  
Old Age ◽  
Regional Integration ◽  
Older Workers ◽  
Economic Transformation ◽  
Older Individuals ◽  
Decent Work ◽  
Economic Community ◽  
Ageing Society ◽  
Age Cohorts ◽  
Asean Economic Community

The ASEAN Economic Community is envisaged to promote economic integration initiatives to create a single market across Southeast Asian member countries. It is acknowledged that the intergovernmental initiatives need to be accommodative to national and regional contexts. Thailand, as a pivotal and active partnership, endeavours to facilitate economic transformation and regional integration within the ASEAN and cope with population ageing in Thai society. Since Thailand has been the third most rapidly ageing country in the world, demographic changes pose new challenges for how to achieve persistent economic growth, productive employment and decent work. This article is based on a qualitative approach to investigate the emergent inequality within and across age cohorts shaped by the AEC structural forces, as well as utilizes reliable secondary data to formulate argumentation, including academic publications, policy analysis, scientific reports. We are particularly concerned about the heterogeneity and poverty in old age from the perspective of cumulative advantages/disadvantages. In conclusion, this article suggests policy recommendations of mitigating inequality in old age and advocates a critical lens to examine how political economic structure shapes older individuals in the labour market.

PERUBAHAN MINDSET MENGAJAR DALAM MENYIAPKAN PENDIDIK YANG PROFESIONAL DALAM PERSAINGAN DI ERA MEA

KEBERLANJUTAN ◽  
2018 ◽  
Vol 3 (2) ◽  
pp. 897
Author(s):  
ROMENAH ROMENAH
Keyword(s):  
Economic Community ◽  
National Education ◽  
Professional Educators ◽  
Free Competition ◽  
National Education System ◽  
Asean Countries ◽  
Asean Economic Community ◽  
The Times ◽  
Agent Of Change

AbstractThe National Education System has grown so rapidly over time. A variety of efforts have been made to build every prosperous, dignified Indonesian human being, so that the quality of Indonesian thinking is progressing. The ASEAN Economic Community which has been launched since 2015 has resulted in free competition, both in trade, employment, and there is free competition for educators in ASEAN countries. Besides that, Indonesian education is faced with challenges and developments in the times, where the culture between ASEAN countries has no limits, this is the challenge faced when implementing the Asean Economic Comunity (ASEAN Economic Community) MEA. Indonesia as a country in the ASEAN region must prepare domestic educators to have professionalism and character so that they can compete with the AEC. Educators must be aware of the essence of the existence of their profession, continue to struggle to make changes in order to realize professionalism with noble character. Efforts made in preparing professional educators to face the challenges of the AEC must touch the most fundamental aspects of changing their competencies, namely the mindset. A student must be more advanced and innovative in developing his learning so that he can change the mindset of students to do agent of change. Through this mindset educators will become professional and characterized so that they can compete and compete in the MEA era. Keywords: MEA, Changes in Mindset, Professional Educators

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