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Achieving the ASEAN Economic Community 2015 : Challenges for the Philippines

Author

Listed:
  • Jenny D. Balboa

    (Philippine Institute for Development Studies)

  • Fatima Lourdes E. Del Prado
  • Josef T. Yap

Abstract

ASEAN member countries are moving towards achieving the ASEAN Economic Community with the timeline set at 2015. It is therefore important for policymakers in the region to sustain the momentumor perhaps even accelerate the pacetowards establishing the AEC. Policy measures are being implemented based on the AEC Blueprint agreed upon in 2007. However, progress among the ASEAN member countries in meeting their commitments has been uneven. This paper reviews the progress of the Philippines in meeting its commitments on the AEC and comparing it with achievements of other ASEAN countries. The paper also discusses some of the problems and constraints that may prevent the Philippines from benefitting from the AEC.

Suggested Citation

  • Jenny D. Balboa & Fatima Lourdes E. Del Prado & Josef T. Yap, 2010. "Achieving the ASEAN Economic Community 2015 : Challenges for the Philippines," Governance Working Papers 23089, East Asian Bureau of Economic Research.
    • Handle: RePEc:eab:govern:23089
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    References listed on IDEAS

    as
    1. Claire HOLLWEG & Marn-Heong WONG, 2009. "Measuring Regulatory Restrictions in Logistics Services," Working Papers d017, Economic Research Institute for ASEAN and East Asia (ERIA).
    2. Yap, Josef T. & Medalla, Erlinda M. & Balboa, Jenny D., 2007. "Closer Trade and Financial Cooperation in ASEAN: Issues at the Regional and National Level with Focus on the Philippines," Discussion Papers DP 2007-03, Philippine Institute for Development Studies.
    3. Rafaelita M. Aldaba, 2008. "Assessing Competition in Philippine Markets," Microeconomics Working Papers 22607, East Asian Bureau of Economic Research.
    4. Jenny D. Balboa & Erlinda M. Medalla & Josef T. Yap, 2007. "Closer Trade and Financial Cooperation in ASEAN : Issues at the Regional and National Level with Focus on the Philippines," Trade Working Papers 21907, East Asian Bureau of Economic Research.
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    More about this item

    Keywords

    ASEAN; Regional Integration; ASEAN Economic Community;
    All these keywords.

    JEL classification:

    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • F15 - International Economics - - Trade - - - Economic Integration

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