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This book is an introduction to the ASEAN Economic Community (AEC), the economic community founded by Southeast Asian nations. It provides both economic profiles of the member nations and an explanation of the Community itself. This book also discusses the impact of China on the AEC. The book is a starting point for research into the region or into any member country, whether for academic or for business purposes. With over 170 tables and figures as well as an abundance of historical facts, the book offers data-based insights.
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This book is an introduction to the ASEAN Economic Community (AEC), the economic community founded by Southeast Asian nations. It provides both economic profiles of the member nations and an explanation of the Community itself. This book also discusses the impact of China on the AEC. The book is a starting point for research into the region or into any member country, whether for academic or for business purposes. With over 170 tables and figures as well as an abundance of historical facts, the book offers data-based insights.
Produktdetails
- Produktdetails
- Verlag: Springer International Publishing
- Erscheinungstermin: 3. September 2019
- Englisch
- ISBN-13: 9783030197223
- Artikelnr.: 57789086
- Verlag: Springer International Publishing
- Erscheinungstermin: 3. September 2019
- Englisch
- ISBN-13: 9783030197223
- Artikelnr.: 57789086
Roderick Macdonald is Professor of Management and Technology at the École des sciences de la gestion, Université du Québec à Montréal, Canada. He has published books and articles on business strategy in new industries, fundamental economic notions used in business and moral analysis in management. His previous books with Palgrave Macmillan are Genesis of the Financial Crisis and Eurocritical: A Crisis of the Euro Currency.
1. Southeast Asia and the AEC, an Introduction Geography of the Region History of the Region Early Identity and Influences The Europeans and Japan ASEAN: From Individual Countries to a Region The Economies of ASEAN and AEC in the Structure of This Book Part I: Six Large Economies 2. The Philippines Introduction History in Brief National Characteristics From the ‘Sick Man of Asia’ to its ‘Rising Tiger’ Overview: The Philippine Economy Drivers of Growth Economic Freedom The Philippines in the AEC Origins of ASEAN Extent of the Market ASEAN as a Competitive Production Hub Cost of Doing Business as a Key Determinant of Participating in AEC as a Production Hub How Do the Philippines Compete in Terms of the Costs of Doing Business? Human Resources: The Ultimate Resource The Philippines as a Dynamic Part of the ASEAN Production Hub: Way Forward Challenges in the AEC for the Philippines Prospects Labour and Services Exports Resurgence in Manufacturing Construction Boom Tourism Challenges Final Remarks 3. The Vietnamese Economy at the Crossroads Introduction Vietnam Today Historical Background Economic Overview Political Regime and Culture The Government of Vietnam The Economic Culture of Vietnam: Confucian and Communist Legacies Global Integration and Transformation of Economic Behaviour Trade Liberalization and Consumer Behaviour The Rise of the Internet and Its Economic Implications The Economic Leaders of Transitional Vietnam The Vietnamese Superclass Aspirations for Prosperity: The Start-Up Fever Vietnamese Foreign Trade Trade Overview Within the ASEAN Region China Trade and FDI Trade with Other Partners Whither the Vietnamese Market Economy? Macroeconomic Stability under Political Influence Sustainability Assessment Conclusion 4. Thailand Introduction Economic Policy and Historical Background Natural Resources, Strengths and Comparative Advantages Unskilled Labour and Migrant Workers Competitiveness and Ease of Doing Business Economic Needs and Weaknesses Resource scarcities (aging society, and severe degradation of natural resources Inability to escape the middle-income trap Serious income distribution problems Economic Freedom Compliance with AEC Institutions Conclusion on Thailand and the AEC 5. Malaysia: Trade, Foreign Direct Investment and Regional Integration Introduction Historical and Developmental Snapshots Changing Trade Posture and Investment Dynamics Shifting Focus of Industrial Policy Growing Regional Connections Global Track Record Concluding Remarks 6. Singapore: Working Towards Prosperity Overview of The Economy The Founding Myth A History of Growth The Twentieth Century: From Policy to Results Human Capital (Resource) Development The Twenty-First Century: New Horizons A New Growth Market An Attempt to Develop Regional Trade The Region and Changing Investment Patterns In The 21st Century Conclusion 7. Indonesia: Choosing between the Privileged and Prosperity Economic Overview Organization of the Economy Of Indonesia The Governments of Indonesia since Independence The Impact of Islam On Indonesian Politics Conclusion Part II: Four Smaller Economies 8. Brunei Darussalam, a Country Profile Introduction Socio-Political Overview of Brunei Economic Overview of Brunei National Development Policies of Brunei Benefits of Regional Integration Harmonization of Policies, Standards and Regulations Reformation of Domestic Policies to Improve the Business Environment Increased Inflows of FDI Way Forward for Brunei 9. Cambodia: Growth with a Red Flag Introduction The Economy in the Twentieth Century Economic Performance Talent, Human Capital, and Wages Sources of Future Growth Economic Priorities and International Funding Hard and Soft Infrastructure for Business Conclusions 10. Laos in Need of Bolder Reforms for AEC Integration Introduction Recent Developments in Economic Integration From ASEAN to the ASEAN Economic Community Regional Connectivity to Overcome Landlocked Status Accession to The World Trade Organization Economic Performance Growth and Structural Change The Growing Importance of Resource-Based Exports Concentration of Trade with Very Few Trading Partners Laos Participating In Labour-Intensive Production Sharing Some Challenges and the Way Forward Transforming Resource Wealth for Sustainable Development Supporting the Non-Resource Sector for Broad-Based Growth Improving Hard and Soft Infrastructure Conclusion 11. Myanmar: On a Bumpy Road of Transition Introduction History, Society, Culture The Myanmar Economy: A Snapshot The Financial and Business Sectors Labor Market Economic Policy Strengths and Weaknesses of the Myanmar Economy Strengths Weaknesses Myanmar’s Integration in the International Economy Compliance with ASEAN Rules Outlook Part III: Some Context 12. China and the ASEAN Economies: Interdependence and Rivalry Introduction More Recent Developments Plan of the Chapter Trade Relations between China and Southeast Asia Production Networks in East Asia Trade Agreements and Policies Southeast Asia and the Trade War between the United States and China Demographic Trends Trade and Made in China Education and R&D Trends Capital Flows between China and Southeast Asia Historical and Recent Trends and Data The Belt and Road Initiative The Asian Infrastructure Investment Bank Other Dimensions of the Relationship Monetary Relations Environmental Issues Territorial Disputes Power Relations in the Region Concluding Remarks 13. ASEAN’s Economic Community: ASEAN Way or Beijing’s Way? ASEAN’s Vision for Economic Integration Norms, Processes and the ASEAN Way Unravelling the Financial Crisis and its Economic Implications All Roads lead to China or ASEAN and Unequal Treaties Conclusion: Norms are What Strong States Make of Them 14. Conclusion: The ASEAN Economic Community Member Nations of the AEC Integration of the ASEAN Economic Community
1. Southeast Asia and the AEC, an IntroductionGeography of the RegionHistory of the RegionEarly Identity and InfluencesThe Europeans and JapanASEAN: From Individual Countries to a RegionThe Economies of ASEAN and AEC in the Structure of This BookPart I: Six Large Economies2. The PhilippinesIntroductionHistory in BriefNational CharacteristicsFrom the 'Sick Man of Asia' to its 'Rising Tiger'Overview: The Philippine EconomyDrivers of GrowthEconomic FreedomThe Philippines in the AECOrigins of ASEANExtent of the MarketASEAN as a Competitive Production HubCost of Doing Business as a Key Determinant of Participating in AEC as a Production HubHow Do the Philippines Compete in Terms of the Costs of Doing Business?Human Resources: The Ultimate ResourceThe Philippines as a Dynamic Part of the ASEAN Production Hub: Way ForwardChallenges in the AEC for the PhilippinesProspectsLabour and Services ExportsResurgence in ManufacturingConstruction BoomTourismChallengesFinal Remarks3. The Vietnamese Economy at the CrossroadsIntroductionVietnam TodayHistorical BackgroundEconomic OverviewPolitical Regime and CultureThe Government of VietnamThe Economic Culture of Vietnam: Confucian and Communist LegaciesGlobal Integration and Transformation of Economic BehaviourTrade Liberalization and Consumer BehaviourThe Rise of the Internet and Its Economic ImplicationsThe Economic Leaders of Transitional VietnamThe Vietnamese SuperclassAspirations for Prosperity: The Start-Up FeverVietnamese Foreign TradeTrade OverviewWithin the ASEAN Region China Trade and FDITrade with Other PartnersWhither the Vietnamese Market Economy? Macroeconomic Stability under Political InfluenceSustainability AssessmentConclusion4. ThailandIntroductionEconomic Policy and Historical BackgroundNatural Resources, Strengths and Comparative AdvantagesUnskilled Labour and Migrant WorkersCompetitiveness and Ease of Doing BusinessEconomic Needs and WeaknessesResource scarcities (aging society, and severe degradation of natural resourcesInability to escape the middle-income trapSerious income distribution problemsEconomic FreedomCompliance with AEC InstitutionsConclusion on Thailand and the AEC5. Malaysia: Trade, Foreign Direct Investment and Regional IntegrationIntroductionHistorical and Developmental SnapshotsChanging Trade Posture and Investment DynamicsShifting Focus of Industrial PolicyGrowing Regional ConnectionsGlobal Track RecordConcluding Remarks6. Singapore: Working Towards ProsperityOverview of The EconomyThe Founding MythA History of GrowthThe Twentieth Century: From Policy to ResultsHuman Capital (Resource) DevelopmentThe Twenty-First Century: New HorizonsA New Growth MarketAn Attempt to Develop Regional TradeThe Region and Changing Investment Patterns In The 21st CenturyConclusion7. Indonesia: Choosing between the Privileged and ProsperityEconomic OverviewOrganization of the Economy Of IndonesiaThe Governments of Indonesia since IndependenceThe Impact of Islam On Indonesian PoliticsConclusionPart II: Four Smaller Economies8. Brunei Darussalam, a Country ProfileIntroductionSocio-Political Overview of BruneiEconomic Overview of BruneiNational Development Policies of BruneiBenefits of Regional IntegrationHarmonization of Policies, Standards and RegulationsReformation of Domestic Policies to Improve the Business EnvironmentIncreased Inflows of FDIWay Forward for Brunei9. Cambodia: Growth with a Red FlagIntroductionThe Economy in the Twentieth CenturyEconomic PerformanceTalent, Human Capital, and WagesSources of Future GrowthEconomic Priorities and International FundingHard and Soft Infrastructure for BusinessConclusions10. Laos in Need of Bolder Reforms for AEC IntegrationIntroductionRecent Developments in Economic IntegrationFrom ASEAN to the ASEAN Economic CommunityRegional Connectivity to Overcome Landlocked StatusAccession to The World Trade OrganizationEconomic PerformanceGrowth and Structural ChangeThe Growing Importance of Resource-Based ExportsConcentration of Trade with Very Few Trading PartnersLaos Participating In Labour-Intensive Production SharingSome Challenges and the Way ForwardTransforming Resource Wealth for Sustainable DevelopmentSupporting the Non-Resource Sector for Broad-Based GrowthImproving Hard and Soft InfrastructureConclusion11. Myanmar: On a Bumpy Road of TransitionIntroductionHistory, Society, CultureThe Myanmar Economy: A SnapshotThe Financial and Business SectorsLabor MarketEconomic PolicyStrengths and Weaknesses of the Myanmar EconomyStrengthsWeaknessesMyanmar's Integration in the International EconomyCompliance with ASEAN RulesOutlookPart III: Some Context12. China and the ASEAN Economies: Interdependence and RivalryIntroductionMore Recent DevelopmentsPlan of the ChapterTrade Relations between China and Southeast AsiaProduction Networks in East AsiaTrade Agreements and PoliciesSoutheast Asia and the Trade War between the United States and ChinaDemographic TrendsTrade and Made in ChinaEducation and R&D TrendsCapital Flows between China and Southeast AsiaHistorical and Recent Trends and DataThe Belt and Road InitiativeThe Asian Infrastructure Investment BankOther Dimensions of the RelationshipMonetary RelationsEnvironmental IssuesTerritorial DisputesPower Relations in the RegionConcluding Remarks13. ASEAN's Economic Community: ASEAN Way or Beijing's Way?ASEAN's Vision for Economic IntegrationNorms, Processes and the ASEAN WayUnravelling the Financial Crisis and its Economic ImplicationsAll Roads lead to China or ASEAN and Unequal TreatiesConclusion: Norms are What Strong States Make of Them14. Conclusion: The ASEAN Economic CommunityMember Nations of the AECIntegration of the ASEAN Economic Community
1. Southeast Asia and the AEC, an Introduction Geography of the Region History of the Region Early Identity and Influences The Europeans and Japan ASEAN: From Individual Countries to a Region The Economies of ASEAN and AEC in the Structure of This Book Part I: Six Large Economies 2. The Philippines Introduction History in Brief National Characteristics From the ‘Sick Man of Asia’ to its ‘Rising Tiger’ Overview: The Philippine Economy Drivers of Growth Economic Freedom The Philippines in the AEC Origins of ASEAN Extent of the Market ASEAN as a Competitive Production Hub Cost of Doing Business as a Key Determinant of Participating in AEC as a Production Hub How Do the Philippines Compete in Terms of the Costs of Doing Business? Human Resources: The Ultimate Resource The Philippines as a Dynamic Part of the ASEAN Production Hub: Way Forward Challenges in the AEC for the Philippines Prospects Labour and Services Exports Resurgence in Manufacturing Construction Boom Tourism Challenges Final Remarks 3. The Vietnamese Economy at the Crossroads Introduction Vietnam Today Historical Background Economic Overview Political Regime and Culture The Government of Vietnam The Economic Culture of Vietnam: Confucian and Communist Legacies Global Integration and Transformation of Economic Behaviour Trade Liberalization and Consumer Behaviour The Rise of the Internet and Its Economic Implications The Economic Leaders of Transitional Vietnam The Vietnamese Superclass Aspirations for Prosperity: The Start-Up Fever Vietnamese Foreign Trade Trade Overview Within the ASEAN Region China Trade and FDI Trade with Other Partners Whither the Vietnamese Market Economy? Macroeconomic Stability under Political Influence Sustainability Assessment Conclusion 4. Thailand Introduction Economic Policy and Historical Background Natural Resources, Strengths and Comparative Advantages Unskilled Labour and Migrant Workers Competitiveness and Ease of Doing Business Economic Needs and Weaknesses Resource scarcities (aging society, and severe degradation of natural resources Inability to escape the middle-income trap Serious income distribution problems Economic Freedom Compliance with AEC Institutions Conclusion on Thailand and the AEC 5. Malaysia: Trade, Foreign Direct Investment and Regional Integration Introduction Historical and Developmental Snapshots Changing Trade Posture and Investment Dynamics Shifting Focus of Industrial Policy Growing Regional Connections Global Track Record Concluding Remarks 6. Singapore: Working Towards Prosperity Overview of The Economy The Founding Myth A History of Growth The Twentieth Century: From Policy to Results Human Capital (Resource) Development The Twenty-First Century: New Horizons A New Growth Market An Attempt to Develop Regional Trade The Region and Changing Investment Patterns In The 21st Century Conclusion 7. Indonesia: Choosing between the Privileged and Prosperity Economic Overview Organization of the Economy Of Indonesia The Governments of Indonesia since Independence The Impact of Islam On Indonesian Politics Conclusion Part II: Four Smaller Economies 8. Brunei Darussalam, a Country Profile Introduction Socio-Political Overview of Brunei Economic Overview of Brunei National Development Policies of Brunei Benefits of Regional Integration Harmonization of Policies, Standards and Regulations Reformation of Domestic Policies to Improve the Business Environment Increased Inflows of FDI Way Forward for Brunei 9. Cambodia: Growth with a Red Flag Introduction The Economy in the Twentieth Century Economic Performance Talent, Human Capital, and Wages Sources of Future Growth Economic Priorities and International Funding Hard and Soft Infrastructure for Business Conclusions 10. Laos in Need of Bolder Reforms for AEC Integration Introduction Recent Developments in Economic Integration From ASEAN to the ASEAN Economic Community Regional Connectivity to Overcome Landlocked Status Accession to The World Trade Organization Economic Performance Growth and Structural Change The Growing Importance of Resource-Based Exports Concentration of Trade with Very Few Trading Partners Laos Participating In Labour-Intensive Production Sharing Some Challenges and the Way Forward Transforming Resource Wealth for Sustainable Development Supporting the Non-Resource Sector for Broad-Based Growth Improving Hard and Soft Infrastructure Conclusion 11. Myanmar: On a Bumpy Road of Transition Introduction History, Society, Culture The Myanmar Economy: A Snapshot The Financial and Business Sectors Labor Market Economic Policy Strengths and Weaknesses of the Myanmar Economy Strengths Weaknesses Myanmar’s Integration in the International Economy Compliance with ASEAN Rules Outlook Part III: Some Context 12. China and the ASEAN Economies: Interdependence and Rivalry Introduction More Recent Developments Plan of the Chapter Trade Relations between China and Southeast Asia Production Networks in East Asia Trade Agreements and Policies Southeast Asia and the Trade War between the United States and China Demographic Trends Trade and Made in China Education and R&D Trends Capital Flows between China and Southeast Asia Historical and Recent Trends and Data The Belt and Road Initiative The Asian Infrastructure Investment Bank Other Dimensions of the Relationship Monetary Relations Environmental Issues Territorial Disputes Power Relations in the Region Concluding Remarks 13. ASEAN’s Economic Community: ASEAN Way or Beijing’s Way? ASEAN’s Vision for Economic Integration Norms, Processes and the ASEAN Way Unravelling the Financial Crisis and its Economic Implications All Roads lead to China or ASEAN and Unequal Treaties Conclusion: Norms are What Strong States Make of Them 14. Conclusion: The ASEAN Economic Community Member Nations of the AEC Integration of the ASEAN Economic Community
1. Southeast Asia and the AEC, an IntroductionGeography of the RegionHistory of the RegionEarly Identity and InfluencesThe Europeans and JapanASEAN: From Individual Countries to a RegionThe Economies of ASEAN and AEC in the Structure of This BookPart I: Six Large Economies2. The PhilippinesIntroductionHistory in BriefNational CharacteristicsFrom the 'Sick Man of Asia' to its 'Rising Tiger'Overview: The Philippine EconomyDrivers of GrowthEconomic FreedomThe Philippines in the AECOrigins of ASEANExtent of the MarketASEAN as a Competitive Production HubCost of Doing Business as a Key Determinant of Participating in AEC as a Production HubHow Do the Philippines Compete in Terms of the Costs of Doing Business?Human Resources: The Ultimate ResourceThe Philippines as a Dynamic Part of the ASEAN Production Hub: Way ForwardChallenges in the AEC for the PhilippinesProspectsLabour and Services ExportsResurgence in ManufacturingConstruction BoomTourismChallengesFinal Remarks3. The Vietnamese Economy at the CrossroadsIntroductionVietnam TodayHistorical BackgroundEconomic OverviewPolitical Regime and CultureThe Government of VietnamThe Economic Culture of Vietnam: Confucian and Communist LegaciesGlobal Integration and Transformation of Economic BehaviourTrade Liberalization and Consumer BehaviourThe Rise of the Internet and Its Economic ImplicationsThe Economic Leaders of Transitional VietnamThe Vietnamese SuperclassAspirations for Prosperity: The Start-Up FeverVietnamese Foreign TradeTrade OverviewWithin the ASEAN Region China Trade and FDITrade with Other PartnersWhither the Vietnamese Market Economy? Macroeconomic Stability under Political InfluenceSustainability AssessmentConclusion4. ThailandIntroductionEconomic Policy and Historical BackgroundNatural Resources, Strengths and Comparative AdvantagesUnskilled Labour and Migrant WorkersCompetitiveness and Ease of Doing BusinessEconomic Needs and WeaknessesResource scarcities (aging society, and severe degradation of natural resourcesInability to escape the middle-income trapSerious income distribution problemsEconomic FreedomCompliance with AEC InstitutionsConclusion on Thailand and the AEC5. Malaysia: Trade, Foreign Direct Investment and Regional IntegrationIntroductionHistorical and Developmental SnapshotsChanging Trade Posture and Investment DynamicsShifting Focus of Industrial PolicyGrowing Regional ConnectionsGlobal Track RecordConcluding Remarks6. Singapore: Working Towards ProsperityOverview of The EconomyThe Founding MythA History of GrowthThe Twentieth Century: From Policy to ResultsHuman Capital (Resource) DevelopmentThe Twenty-First Century: New HorizonsA New Growth MarketAn Attempt to Develop Regional TradeThe Region and Changing Investment Patterns In The 21st CenturyConclusion7. Indonesia: Choosing between the Privileged and ProsperityEconomic OverviewOrganization of the Economy Of IndonesiaThe Governments of Indonesia since IndependenceThe Impact of Islam On Indonesian PoliticsConclusionPart II: Four Smaller Economies8. Brunei Darussalam, a Country ProfileIntroductionSocio-Political Overview of BruneiEconomic Overview of BruneiNational Development Policies of BruneiBenefits of Regional IntegrationHarmonization of Policies, Standards and RegulationsReformation of Domestic Policies to Improve the Business EnvironmentIncreased Inflows of FDIWay Forward for Brunei9. Cambodia: Growth with a Red FlagIntroductionThe Economy in the Twentieth CenturyEconomic PerformanceTalent, Human Capital, and WagesSources of Future GrowthEconomic Priorities and International FundingHard and Soft Infrastructure for BusinessConclusions10. Laos in Need of Bolder Reforms for AEC IntegrationIntroductionRecent Developments in Economic IntegrationFrom ASEAN to the ASEAN Economic CommunityRegional Connectivity to Overcome Landlocked StatusAccession to The World Trade OrganizationEconomic PerformanceGrowth and Structural ChangeThe Growing Importance of Resource-Based ExportsConcentration of Trade with Very Few Trading PartnersLaos Participating In Labour-Intensive Production SharingSome Challenges and the Way ForwardTransforming Resource Wealth for Sustainable DevelopmentSupporting the Non-Resource Sector for Broad-Based GrowthImproving Hard and Soft InfrastructureConclusion11. Myanmar: On a Bumpy Road of TransitionIntroductionHistory, Society, CultureThe Myanmar Economy: A SnapshotThe Financial and Business SectorsLabor MarketEconomic PolicyStrengths and Weaknesses of the Myanmar EconomyStrengthsWeaknessesMyanmar's Integration in the International EconomyCompliance with ASEAN RulesOutlookPart III: Some Context12. China and the ASEAN Economies: Interdependence and RivalryIntroductionMore Recent DevelopmentsPlan of the ChapterTrade Relations between China and Southeast AsiaProduction Networks in East AsiaTrade Agreements and PoliciesSoutheast Asia and the Trade War between the United States and ChinaDemographic TrendsTrade and Made in ChinaEducation and R&D TrendsCapital Flows between China and Southeast AsiaHistorical and Recent Trends and DataThe Belt and Road InitiativeThe Asian Infrastructure Investment BankOther Dimensions of the RelationshipMonetary RelationsEnvironmental IssuesTerritorial DisputesPower Relations in the RegionConcluding Remarks13. ASEAN's Economic Community: ASEAN Way or Beijing's Way?ASEAN's Vision for Economic IntegrationNorms, Processes and the ASEAN WayUnravelling the Financial Crisis and its Economic ImplicationsAll Roads lead to China or ASEAN and Unequal TreatiesConclusion: Norms are What Strong States Make of Them14. Conclusion: The ASEAN Economic CommunityMember Nations of the AECIntegration of the ASEAN Economic Community