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Thailand Country Study ASEAN Economic Community Blueprint Mid-term Review Project

Author

Listed:
  • Saowaruj Rattanakhamfu

    (Thailand Development Research Institute)

  • Sumet Ongkittikul

    (Thailand Development Research Institute)

  • Nutthawut Laksanapunyakul

    (Thailand Development Research Institute)

  • Nichamon Thongpat

    (Thailand Development Research Institute)

  • Natcha O-Charoen

    (Thailand Development Research Institute)

Abstract

The main objectives of this study are to determine progress in the implementation of the key Association of Southeast Asian Nations (ASEAN) Economic Community (AEC) measures compared to the first monitoring effort in 2010–2011, and to compare the gap between the liberalisation rate in terms of commitments and in terms of actual policies. This study also examines the implementation bottlenecks and generates recommendations from stakeholders (such as the business sector, academia, and government) to address the key bottlenecks and move forward the implementation of the AEC measures into 2015 and beyond (2016–2025). In addition, in view of the importance of the private sector for the successful realisation and deepening of the AEC in 2015 and beyond, this study explores greater partnership with or engagement of the private sector by conducting both intensive consultations and interviews with key informants in the private sector. The AEC measures of interest in this study are services liberalisation, nontariff measures (NTM), trade facilitation, investment liberalisation, mutual recognition arrangements (MRA) on professional services, and standards and conformance.

Suggested Citation

  • Saowaruj Rattanakhamfu & Sumet Ongkittikul & Nutthawut Laksanapunyakul & Nichamon Thongpat & Natcha O-Charoen, 2015. "Thailand Country Study ASEAN Economic Community Blueprint Mid-term Review Project," Working Papers DP-2015-46, Economic Research Institute for ASEAN and East Asia (ERIA).
    • Handle: RePEc:era:wpaper:dp-2015-46
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    References listed on IDEAS

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    1. Kazunobu Hayakawa & Nuttawut Laksanapanyakul & Shujiro Urata, 2016. "Measuring the costs of FTA utilization: evidence from transaction-level import data of Thailand," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 152(3), pages 559-575, August.
    2. Shandre Mugan THANGAVELU, 2015. "FDI Restrictiveness Index for ASEAN: Implementation of AEC Blueprint Measures," Working Papers DP-2015-43, Economic Research Institute for ASEAN and East Asia (ERIA).
    3. Venkatachalam ANBUMOZHI, 2015. "Low Carbon Green Growth in Asia: What is the Scope for Regional Cooperation?," Working Papers DP-2015-29, Economic Research Institute for ASEAN and East Asia (ERIA).
    4. Kazunobu Hayakawa & Tadashi Ito & Fukunari Kimura, 2016. "Trade Creation Effects of Regional Trade Agreements: Tariff Reduction versus Non-tariff Barrier Removal," Review of Development Economics, Wiley Blackwell, vol. 20(1), pages 317-326, February.
    5. Philippa DEE, 2015. "Monitoring the Implementation of Services Trade Reform towards an ASEAN Economic Community," Working Papers DP-2015-44, Economic Research Institute for ASEAN and East Asia (ERIA).
    6. Dionisius A. NARJOKO, 2015. "AEC Blueprint Implementation Performance and Challenges: Non-Tariff Measures and Non-Tariff Barriers," Working Papers DP-2015-36, Economic Research Institute for ASEAN and East Asia (ERIA).
    7. Rully PRASSETYA & Ponciano INTAL Jr, 2015. "AEC Blueprint Implementation Performance and Challenges: Standards and Conformance," Working Papers DP-2015-42, Economic Research Institute for ASEAN and East Asia (ERIA).
    8. Kazunobu HAYAKAWA & Nuttawut LAKSANAPANYAKUL & Shujiro URATA, 2015. "Firm-level Impact of Free Trade Agreements on Import Prices," Working Papers DP-2015-33, Economic Research Institute for ASEAN and East Asia (ERIA).
    9. Venkatachalam ANBUMOZHI & Alex BOWEN & Puthusserikunnel Devasia JOSE, 2015. "Market-Based Mechanisms to Promote Renewable Energy in Asia," Working Papers DP-2015-30, Economic Research Institute for ASEAN and East Asia (ERIA).
    10. Koji Kubo, 2015. "Evolving Informal Remittance Methods of Myanmar Migrant Workers in Thailand," Working Papers DP-2015-45, Economic Research Institute for ASEAN and East Asia (ERIA).
    11. Kazunobu HAYAKAWA & Tadashi ITO, 2015. "Tariff Pass-through of the World-wide Trade: Empirical Evidence at Tariff-line Level," Working Papers DP-2015-34, Economic Research Institute for ASEAN and East Asia (ERIA).
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    Cited by:

    1. Venkatachalam ANBUMOZHI, 2016. "Convergence of Opportunities: Resilience and the ASEAN Community," Working Papers DP-2016-02, Economic Research Institute for ASEAN and East Asia (ERIA).
    2. Cassey LEE, 2015. "The Objectives of Competition Law," Working Papers DP-2015-54, Economic Research Institute for ASEAN and East Asia (ERIA).
    3. Burton ONG, 2015. "Competition Law and Policy in Singapore," Working Papers DP-2015-53, Economic Research Institute for ASEAN and East Asia (ERIA).

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    More about this item

    Keywords

    Thailand; AEC; service liberalisation; non-tariff measure; trade facilitation; investment liberalisation; mutual recognition arrangements on professional services; standards and conformances;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration

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