Asean Challenges Of An Integrating Market

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Asean Challenges Of An Integrating Market

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Author : Business International Asia/Pacific Ltd
language : en
Publisher:
Release Date : 1979

Asean Challenges Of An Integrating Market written by Business International Asia/Pacific Ltd and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with Asia, Southeastern categories.

E Commerce Competition Asean Economic Integration

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Author : Cassey Lee
language : en
Publisher: ISEAS-Yusof Ishak Institute
Release Date : 2019-10-10

E Commerce Competition Asean Economic Integration written by Cassey Lee and has been published by ISEAS-Yusof Ishak Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-10-10 with Business & Economics categories.

The e-commerce market has grown rapidly within the ASEAN region in recent years. This trend is expected to continue in the future given the region’s large population base, rising middle-class and improvements in connectivity. This edited volume examines the current state of e-commerce in ASEAN countries. It highlights some of the key domestic and cross-border challenges faced by ASEAN member states in developing e-commerce. These challenges include the regulatory and legal environment in which e-commerce firms operate across ASEAN, and the supporting infrastructure in ASEAN member states. “A comprehensive snapshot of the latest emerging regulatory, policy and consumer issues. It’s essential reading for anyone working in this field. E-commerce is fundamentally altering the way in which businesses are being conducted, both within and between ASEAN countries. More than just an alternate distribution channel, online trading offers new opportunities and challenges for consumers, businesses, regulators and policymakers. How do markets operate in the new paradigm? How should regulators and governments ensure that dynamic competitive economies evolve, instead of descending into anti-competitive structures? And how are markets evolving in different parts of Southeast Asia? All of these issues—and much more—are discussed in here. The editors are to be congratulated for assembling a range of insightful perspectives from across ASEAN. These are issues that will affect the region for many years to come. The lessons here are timely and timeless.” —Michael Schaper Ph.D., Deputy Chairman, Australian Competition and Consumer Commission, 2008–18

Asean Economic Cooperation And Integration

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Author : Siow Yue Chia
language : en
Publisher: Cambridge University Press
Release Date : 2015-04-16

Asean Economic Cooperation And Integration written by Siow Yue Chia and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-04-16 with Business & Economics categories.

A concise but thorough review of the economics of ASEAN economic integration, with focus on the ASEAN Economic Community (AEC).

Global Economic Challenges To Asean Integration And Competitiveness

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Author : Peter John Lloyd
language : en
Publisher:
Release Date : 2004

Global Economic Challenges To Asean Integration And Competitiveness written by Peter John Lloyd and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with ASEAN countries categories.

Roadmap To An Asean Economic Community

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Author : Denis Hew Wei-Yen
language : en
Publisher: Institute of Southeast Asian Studies
Release Date : 2005

Roadmap To An Asean Economic Community written by Denis Hew Wei-Yen and has been published by Institute of Southeast Asian Studies this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.

At the Ninth ASEAN Summit in Bali on 7 October 2003, the leaders of the Association of Southeast Asian Nations agreed to establish an ASEAN Economic Community (AEC) by 2020. It is envisaged that the AEC would be a single market and production base, with a free flow of goods and services, investments, capital and skilled labour. An integrated ASEAN with a sizeable market of over 500 million people could become an alternative to China as a regional production base for MNCs. Although there are roadmaps for the fast-track integration of eleven priority sectors, an overall longer-term roadmap needs to be formulated to realize the AEC. This book addresses the main issues.

Asean Integration In Services

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Author :
language : en
Publisher:
Release Date : 2009

Asean Integration In Services written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Service industries categories.

Economic Integration In Asia

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Author : Deeparghya Mukherjee
language : en
Publisher: Routledge
Release Date : 2019-01-14

Economic Integration In Asia written by Deeparghya Mukherjee and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-14 with Business & Economics categories.

The Regional Comprehensive Economic Partnership (RCEP) aims to achieve greater integration between the ASEAN region and its six free trade agreement (FTA) partners (India, China, Japan, Australia, New Zealand and Korea). The RCEP is the only agreement to include three economies which are among the seven biggest economies of the world—China, Japan and India. The book opens with an introduction to the current status of economic integration and factors that would affect it and looks at key issues like non-tariff barriers, evolving investment regulations in China (in the context of FTAs), connectivity initiatives to integrate the region, rules of origin in the context of value chain integration in selected sectors as well as region-specific aspects of South Asia and South East Asia which would shape the regional economic architecture going forward. With an attempt to cover key imperatives, the book concludes by noting primary impediments to easier trade and investment flows in the region, highlighting possible policy recommendations to improve economic integration.

Integration Of Financial Markets In Asean

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Author : Ajit Singh
language : en
Publisher:
Release Date : 2023-07-10

Integration Of Financial Markets In Asean written by Ajit Singh and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-07-10 with categories.

The integration of financial markets in the Association of Southeast Asian Nations (ASEAN) aims to create a seamless and efficient financial landscape across the member countries. It involves harmonizing regulations, enhancing cooperation, and promoting cross-border transactions within the region. The key objectives of the integration are to promote economic growth, attract investments, improve financial stability, and facilitate the free flow of capital within ASEAN. By integrating financial markets, ASEAN aims to create a single market for financial services, similar to the European Union's single market. To achieve this, several initiatives and measures have been undertaken: 1.Harmonization of regulations: ASEAN member countries work towards aligning their financial regulations, standards, and practices. This includes harmonizing accounting standards, disclosure requirements, and regulatory frameworks to ensure consistency and transparency. 2.Financial liberalization: Barriers to the flow of capital, such as capital controls and restrictions on foreign ownership, are gradually reduced to promote investment and encourage cross-border transactions. This allows investors to diversify their portfolios and access a wider range of investment opportunities. 3.Capital market development: Efforts are made to develop and deepen capital markets within ASEAN countries. This includes promoting the establishment of stock exchanges, bond markets, and derivatives markets, as well as enhancing market infrastructure, such as clearing and settlement systems. 4.Financial connectivity: ASEAN countries strive to enhance connectivity among their financial systems. This involves improving payment and settlement systems, promoting interoperability among financial institutions, and facilitating cross-border fund transfers. 5.Financial sector cooperation: Member countries collaborate closely on financial sector issues through forums such as the ASEAN Finance Ministers' Meeting and the ASEAN Banking Integration Framework. This cooperation helps in sharing best practices, addressing regulatory challenges, and fostering a conducive environment for financial integration. 6.Investor protection: Measures are put in place to safeguard the interests of investors in the integrated financial markets. This includes strengthening investor protection mechanisms, promoting corporate governance standards, and ensuring adequate disclosure and transparency. The integration of financial markets in ASEAN is an ongoing process and requires continuous efforts from member countries. While progress has been made, challenges such as differing regulatory frameworks, market fragmentation, and varying levels of financial development among member countries need to be addressed to achieve a fully integrated and efficient financial market in the region.

Asean Law And Regional Integration

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Author : Diane A Desierto
language : en
Publisher: Routledge
Release Date : 2020-12-29

Asean Law And Regional Integration written by Diane A Desierto and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-29 with Social Science categories.

Since the passage of the ASEAN Charter in 2008, ASEAN has transformed itself from a loose economic cooperation, into a formal intergovernmental organization designed to create an “ASEAN Community” forged together in three pillar communities – the ASEAN Political-Security Community, ASEAN Economic Community, and tASEAN Socio-Cultural Community. Forty years of pre-Charter ASEAN practices, coupled with over ten years of post-Charter ASEAN practices thus far, has witnessed the conclusion of hundreds of legally binding regional treaties and similarly binding international instruments in all areas of economic, political-security, and socio-cultural concerns for Southeast Asia to achieve ASEAN’s rule of law-based development objective. Pre-Charter and post-Charter ASEAN Law is variably implemented under a hybrid governance system that depends heavily on ASEAN Member State national implementation alongside ASEAN’s evolving regional institutions. The result is not a model of deep integration as in the case of the European Union, but a particular paradigm of horizontal embeddedness of ASEAN Law – in all its norms and operational practices – contingent on the capacities and compliance of national government bureaucracies in Southeast Asia. This edited collection is a concise authoritative volume covering the practical, doctrinal, legal, and policy aspects of the new regime of ASEAN Law and its consequences for realizing rule of law-based development in Southeast Asia’s emerging single market and production base. Drawing together contributions from a range of key thinkers in the field, the editors present the legal and policy-making issues implicated in the practical implementation of Southeast Asia’s single market and its regime for the free movement of goods, services, foreign investment, and cross-border labor. The book also examines the nature of regional law-making under ASEAN before and after the commencement of regional integration in 2015, the nature of ASEAN’s economic regulators, as well as the evolving structure for enforcement and harmonization of “ASEAN Law” through the array of Southeast Asian national courts, arbitral tribunals, and incipient mechanisms for inter-State, intra-regional, and individual-State conflict management and dispute resolution. This book is highly relevant to students, scholars, and policy-makers with an interest in ASEAN Law and regional policy, and to Southeast Asian studies in general.

Prospects And Challenges Of The Development Of Asean Exchanges

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Author : Carol Hsu
language : en
Publisher:
Release Date : 2015

Prospects And Challenges Of The Development Of Asean Exchanges written by Carol Hsu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.

The Association of Southeast Asian Nations (ASEAN) are collectively ranked as the world's seventh largest economy). This research explores the challenges in integrating the securities market across ASEAN, focusing on ASEAN Exchanges (a collaboration of seven of the regions' ten stock exchanges). Despite being established as a regional block since 1967, there remains significant disparity among the ten countries. At a regulatory level there exist differences in foreign investment restriction, tax regimes, and the number and structure of financial regulatory bodies. At a normative level variance in operating rules, trading practices, business calendar, technical standards, and market structure presents further challenges in cross-border transactions. At a cognitive level there are differences in the sophistication of investors' profiles and recognition of ASEAN companies. In light of these institutional challenges, members of ASEAN Exchanges have taken a highly fluid and flexible collaborative approach that seems to have made ASEAN Exchanges work. In terms of the future direction of greater integration the research finds that given the extent of institutional distance and the amount of effort required, the creation of a single pan-ASEAN trading, clearing and settlement entity vertically or horizontally for the ASEAN capital market would not be a preferred option. Compared with such cases of regional capital market integration in Europe and the U.S, the condition of multiple currencies and the likely persistence of institutional distance would make a single entity across the different markets an unrealistic option. However, with the development of modern information communication technologies, it allows ASEAN Exchanges to have the benefits of implementing “home rules apply” cross-border linkages (i.e. trading link and the depository linkage via a global custodian) while tackling the institutional disparities. With this approach, progress has been made. Some institutional disparities have been successfully eliminated whilst others are in the process of being addressed but need more time to see the results.