Abstract
Jayanthakumaran provides an updated summary of the Association of South East Asian Nations (ASEAN) and its economic, political, and social performances in the light of integration. By focusing on a continuous willingness to integrate regionally and globally, the chapter also draws attention to the stepping stone attitude towards regionalism rather than as a detrimental force for the region. ASEAN’s globally oriented commitment is reflected by the recent Regional Comprehensive Economic Partnership (RCEP) integration arrangement with Australia, China, India, Japan, South Korea, and New Zealand. Jayanthakumaran explores the recent developments and challenges that lie ahead regarding poverty and income inequality, and suggests using appropriate migration policies, innovative labour saving technologies, and appropriate energy and environmental strategies.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Ariff, M. (1994). Open regionalism a la ASEAN. Journal of Asian Economics, 5(1), 99–117.
ASEAN Secretariat. (2012). ASEAN community in figures (ACIF) 2011. Jakarta: ASEAN Secretariat.
ASEAN Secretariat. (2013). ASEAN community in figures. Jakarta.
ASEAN Secretariat. (2014). ASEAN community in figures: Special edition 2014, Jakarta.
Asian Development Bank. (ADB) (2014). Poverty in Asia: A deeper look. Part 1 – Special chapter in key indicators for Asia and the Pacific 2014, 45th edn., Manila.
Asian Productivity Organization. (APO) (2015). APO productivity database 2014 version. http://www.apo-tokyo.org/wedo/measurement. Accessed 21 Aug 2015.
Chia, S. Y. (2013). The ASEAN economic community: Progress, challenges and prospects. ADBI working paper series 440, Asian Development Bank Institute, Tokyo.
Elliott, R. J. R., & Ikemoto, K. (2004). AFTA and the Asian crisis: Help or hindrance to ASEAN intra-regional trade? Asian Economic Journal, 18(1), 1–23.
Ethier, W. J. (1998). Regionalism in a multilateral world. The Journal of Political Economy, 106(6), 1214–1245.
Ghose, A. K. (2004). Global inequality and international trade. Cambridge Journal of Economics, 28(2), 229–252.
Gropello, E., Tan, H., & Tandon, P. (2010). Skills for the labor market in the Philippines. Washington, DC: The World Bank.
Hickey, M., Narendra, P., & Rainwater, K. (2013). A review of internal and regional migration policy in Southeast Asia. Working paper 8, Asia Research Institute, National University of Singapore, Singapore.
Hurley, D. (2003). Horizontal and vertical intra-industry trade: The case of Asean trade in manufactures. International Economic Journal, 17(4), 1–14.
IEA. (2013). Southeast Asia energy outlook, France. www.iea.org
Imada, P. (1993). Production and trade effects of an ASEAN free trade area. The Developing Economies, 31(1), 3–23.
Jayanthakumaran, K., & Lee, S.-W. (2013). Evidence on the convergence of per capita income: A comparison of founder members of the association of Southeast Asian Nations and the South Asian association of regional cooperation. Pacific Economic Review, 18(1), 108–121.
Jayanthakumaran, K., & Sanidas, E. (2007). The complementarity hypothesis of integration: Regionalism multilateralism and the ASEAN-5. The Asia Pacific Journal of Economics and Business, 11(1), 40–60.
Jongwanich, J., & Kohpaiboon, A. (2007). Determinants of protection in Thai manufacturing. Economic Papers, 26(3), 276–294.
Krueger, A. O. (1999). Are preferential trading arrangements trade-liberalizing or protectionist? Journal of Economic Perspectives, 13, 105–124.
Mahani, Z.-A. (2002). ASEAN integration: At risk of going in different directions. World Economy, 25(9), 1263–1277.
Menon, J. (1998). The expansion of AFTA: Widening or deepening. Asian-Pacific Economic Literature, 12(2), 10–22.
Montreevat, S., & Rajan, R. S. (2003). Financial crisis, bank restructuring and foreign bank entry: An analytical case study of Thailand. Asia Pacific Journal of Economics and Business, 7(2), 53–77.
Ornelas, E. (2005). Trade creating free trade areas and the undermining of multilateralism. European Economic Review, 49, 1717–1735.
Park, D. (2000). Intra-Southeast Asian convergence. ASEAN Economic Bulletin, 17(3), 285–292.
Park, J. (2010). Projection of long-term total factor productivity growth for 12 Asian Economies. ADB Economics working paper series no. 227. Manila: ADB.
UN DESA. (2013b). Trends in international migrant stock. New York: United Nations, Department of Economic and Social Affairs (UN DESA), Population Division Database.
Urata, S., & Okabe, M. (2013). The impact of AFTA on intra- AFTA trade. Economic Research Institute for ASEAN and East Asia (ERIA) working papers DP-2013-05.
Viner, J. (1950). The customs union issue. New York: Carnegie Endowment for International Peace.
Wilson, E. J., Jayanthakumaran, K., & Verma, R. (2012). Demographics, labor mobility, and productivity. ADBI working paper series no. 387, ADBI, Tokyo.
World Bank. (2012). Capturing new source of growth: East Asia and Pacific economic update. Washington, DC: World Bank.
World Bank. (2014). World development indicators. Washington, DC: World Bank.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2016 The Author(s)
About this chapter
Cite this chapter
Jayanthakumaran, K. (2016). Regional Trade Agreements (RTA) and the Association of Southeast Asian Nations (ASEAN). In: Industrialization and Challenges in Asia. Palgrave Macmillan, Singapore. https://doi.org/10.1007/978-981-10-0824-5_4
Download citation
DOI: https://doi.org/10.1007/978-981-10-0824-5_4
Published:
Publisher Name: Palgrave Macmillan, Singapore
Print ISBN: 978-981-10-0823-8
Online ISBN: 978-981-10-0824-5
eBook Packages: Economics and FinanceEconomics and Finance (R0)