Asean 2015
Midterm exam : Business in Asia
Subject : ASEAN 2015
Introduction: The association of Southeast Asian Nations (ASEAN) was established in 1967 as an organization for economic, political, social and cultural cooperation among its member countries. Its goal includes also protection of regional peace and stability. The original members are: Indonesia, Malaysia, the Philippines, Singapore and Thailand. Now, there are 10 memberships: Brunei, Myanmar, Cambodia, Laos and Vietnam. ASEAN has a population of approximately 600 million people, which is 8.8% of the world 's population. ASEAN has for objective to create an ASEAN Economic Community (AEC) for 2015. There are 4 pillars of AEC. The first is the creation of a single market and production base (free flow of goods, investments, services, skilled). “Free flow of goods” is central to the establishment of a single market and production base. There will have an E elimination/reduction of tariff barriers in intra-ASEAN trade transactions. The second pillar is created economic competitive region (competitive policy, consumer protection, intellectual property rights, infrastructure development…). The third is an equitable economic development (SME development, initiative for ASEAN development) and the last is the integration into the Global Economy (coherent approach towards external economic relations, enhanced participation in global supply networks)
In a first time, I am going to present the positive points proposed by the ASEAN 2015. Then, I will discuss the threats that may arise during the establishment of this common market and if all the countries of the region will benefit in the same way. Finally, I will talk about the difficulties encountered in achieving this objective in 2015 and what are the ways to remedy it.
The positive points (opportunities) proposed by ASEAN 2015
The emerging markets are located in Southeast Asia, their dynamism is particularly promising when ASEAN countries will integrate
Subject : ASEAN 2015
Introduction: The association of Southeast Asian Nations (ASEAN) was established in 1967 as an organization for economic, political, social and cultural cooperation among its member countries. Its goal includes also protection of regional peace and stability. The original members are: Indonesia, Malaysia, the Philippines, Singapore and Thailand. Now, there are 10 memberships: Brunei, Myanmar, Cambodia, Laos and Vietnam. ASEAN has a population of approximately 600 million people, which is 8.8% of the world 's population. ASEAN has for objective to create an ASEAN Economic Community (AEC) for 2015. There are 4 pillars of AEC. The first is the creation of a single market and production base (free flow of goods, investments, services, skilled). “Free flow of goods” is central to the establishment of a single market and production base. There will have an E elimination/reduction of tariff barriers in intra-ASEAN trade transactions. The second pillar is created economic competitive region (competitive policy, consumer protection, intellectual property rights, infrastructure development…). The third is an equitable economic development (SME development, initiative for ASEAN development) and the last is the integration into the Global Economy (coherent approach towards external economic relations, enhanced participation in global supply networks)
In a first time, I am going to present the positive points proposed by the ASEAN 2015. Then, I will discuss the threats that may arise during the establishment of this common market and if all the countries of the region will benefit in the same way. Finally, I will talk about the difficulties encountered in achieving this objective in 2015 and what are the ways to remedy it.
The positive points (opportunities) proposed by ASEAN 2015
The emerging markets are located in Southeast Asia, their dynamism is particularly promising when ASEAN countries will integrate
References: www.tresor.economie.gouv.fr www.business-in-asia.com/asia/asean_economic_community www.asean.org/communities/asean-economic-community www.philstar.com/business-life/2013/10/07/1241776/5-challenges-asean-businesses-2015 www.tesda.gov.ph/uploads/File/Planning2012/LMIR/LMIR%20No.%2005%20ASEAN_2015.pdf www.rappler.com/world/regions/asia-pacific/39481-apb-survey-asean-economic-integration www.thailande-fr.com/politique/9598-la-thailande-lasean-nouveaux-defis www.tresor.economie.gouv.fr/File/328161