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ASEAN and Trade Integration

Author

Listed:
  • Mia Mikic

    (United Nations Economic and Social Commission for Asia and the Pacific (ESCAP))

Abstract

This paper reviews the progress in trade-related areas of ASEAN Economic Community to be established by 2015. It provivdes empirical evidence and qualitative analysis on how the process of trade integration worked and what could have been done for it to have worked better. Where appropriate it elaborates on forces or institutions driving the process of integration. The paper uses descriptive statistics and some off-the-shelf indicators to track progress in trade integration which is the main pillar of building ASEAN Economic Community. Second part of the paper examines the progress in building effective integration with the other trading partners. Three difference but inter-related issues are analyzed. 1) ASEAN in world economy in terms of relative size, discrimination of other partners in trade, and treatment that ASEAN obtains in importing markets of developed countries compared to average of all developing countries; 2) the WTO membership and negotiation positioning of individual ASEAN members, and 3) the role of bilateral and plurilateral preferential trade agreements of ASEAN member countries and of the ASEAN as a bloc.

Suggested Citation

  • Mia Mikic, 2009. "ASEAN and Trade Integration," Working Paper Series 109, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
    • Handle: RePEc:unt:wpaper:swp109
    as

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    File URL: http://www.unescap.org/tid/publication/swp109.pdf
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    Citations

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    Cited by:

    1. Hong Bum Jang, 2011. "Financial Integration and Cooperation in East Asia: Assessment of Recent Developments and Their Implications," IMES Discussion Paper Series 11-E-05, Institute for Monetary and Economic Studies, Bank of Japan.
    2. Rajan Sudesh Ratna & Sachin Kumar Sharma, 2016. "Mega Trading Blocks," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 17(2), pages 181-199, September.
    3. Lee, Cassey & Fukunaga, Yoshifumi, 2014. "ASEAN regional cooperation on competition policy," Journal of Asian Economics, Elsevier, vol. 35(C), pages 77-91.
    4. Binner, Jane & Chen, Shu-Heng & Lai, Ke-Hung & Mullineux, Andrew & Swofford, James L., 2011. "Do the ASEAN countries and Taiwan form a common currency area?," Journal of International Money and Finance, Elsevier, vol. 30(7), pages 1429-1435.

    More about this item

    Keywords

    ASEAN; regional trade; regional integration; trade agreements; GATS; WTO; AFTA; AFAS; ATIGA; trade facilitation; MRA;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade

    Statistics

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