1.

Record Nr.

UNINA9910810532803321

Autore

Plummer Michael G. <1959->

Titolo

ASEAN economic integration : trade, foreign direct investment and finance / / Michael G. Plummer

Pubbl/distr/stampa

Hackensack, NJ ; ; London, : World Scientific Pub., c2009

ISBN

1-282-76164-1

9786612761645

981-4289-18-3

Edizione

[1st ed.]

Descrizione fisica

1 online resource (354 p.)

Collana

Advanced research in Asian economic studies, , 1793-0944 ; ; 6

Disciplina

337.159

Soggetti

Economic development - Southeast Asia

Investments, Foreign - Southeast Asia

Southeast Asia Economic integration

Southeast Asia Foreign economic relations

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Contents; Dedication; Foreword; 1. Introduction and Overview; 1. Introduction; 2. A Survey of the Business Environment in ASEAN; 2.1. Macroeconomic Environment; 2.2. Internalizing Policy Externalities: Learning from the Asian Crisis; 2.3. Microeconomic Environment; 3. Summary of Chapters; References; Part I: Trends in ASEAN Economic Cooperation; 2. ASEAN Economic Integration in a Global Context: Trade, Investment, and Policy Issues; 1. Introduction; 2. Structural Change, Microeconomic Policy, and Rising Interdependence; 2.1. Liberalization, Growth and the Forces Behind Regional Integration

2.2. Structural Change 2.3. Fragmentation, the Search for New Production Niches, and the Significance of China; 3. Policy Analysis of Post-Crisis Developments in the Real Sector; 3.1. Microeconomic Policy Indicators; 3.2. Commercial Policy Reform; 4. Regional Economic Cooperation in Asia: Making Regionalism Support Regional Integration; 4.1. Factors Influencing the Regionalism Movement in Asia; 4.2. Brief Review of Regionalism in East Asia; 4.3. The Economics of Regionalism in Asia; 4.4. Regional Strategies: WTO, Regional, Subregional, Bilateral; 5. Looking to the Future; References



3. Aligning ASEAN Commercial Policies in the AEC1. Introduction; 2. ASEAN Commercial Policy in a Global Context; 2.1. ASEAN and the Doha Development Agenda; 3. ASEAN Economic Integration; 3.1. The General Case for Regionalism; 3.2. Brief Review of ASEAN Economic Integration Initiatives; 4. ASEAN FTAs with Third Countries; 4.1. Review of Existing Accords; 4.2. Economic E.ects of Third-Country FTAs on ASEAN: A Brief Survey; 4.3. The China Question; 4.4. On the "Spaghetti Bowl" Effect and Best Practices; 5. Aligning ASEAN External Tariffs; 5.1. Why an AEC?; 5.2. An ASEAN Customs Union?

5.2.1. FTAs and CUs Compared: Economic and Non-Economic Issues 5.2.2. Design of an ASEAN Customs Union; 5.3. Institutional Considerations; References; 4. ASEAN Investment Cooperation; 1. Introduction; 2. Trends in Foreign Direct Investment in ASEAN; 2.1. FDI In.ows in ASEAN Member Countries; 2.2. Sectoral Distribution of FDI; 2.3. Trends in the CLMV; 3. Determinants of FDI in ASEAN; 3.1. Brief Review of Variables A.ecting Inward FDI; 3.2. Trade and Investment Links; 3.3. Trade and FDI: Shifts from Horizontal to Vertical Operations due to AFTA

3.4. A Gravity Model Approach to the Determinants of FDI Outflows 3.5. The "China Threat" Hypothesis; 4. Issues of Competitiveness and Complementarity; 4.1. Competitiveness in Terms of Trade; 4.2. Competitiveness in Terms of Foreign Direct Investment In.ows; 4.3. Concluding Remarks; 5. Review of the AIA; 6. Agreements Outside ASEAN Framework: Bilateral Investment Treaties; 7. Has the AIA Met its Goals?; Appendix; References; 5. Bond Market Development and Integration in ASEAN; 1. Introduction; 2. Bond-Market Potential in ASEAN: Supply, Demand and Institutional Considerations

3. ASEAN Financial Cooperation and the Bond Market

Sommario/riassunto

Given the rapid emergence of regional economic arrangements in Asia, especially in Southeast Asia, it is useful to understand clearly what regionalism implies for the region, as well as to take stock as to the far-reaching and complicated effects of formal economic cooperation and integration. This book allows the reader to better understand the relevant international policies of the Southeast Asian economies, and to appreciate the potential lessons for other developing regions. It also focuses on the regionalism trend with an explicit application to ASEAN, as well as the implications of