IDEAS home Printed from https://ideas.repec.org/p/ilo/ilowps/994865253402676.html
   My bibliography  Save this paper

Managing integration for better jobs and shared prosperity in the ASEAN Economic Community the case of Thailand's automotive sector

Author

Listed:
  • Techakanont, Kriengkrai.

Abstract

This paper examines the socio-economic impact of regional integration through evidence-based analysis and projections for Thailand’s automotive industry. The paper discusses issues related to industrial and structural changes that will affect the labour market in Thailand after the ASEAN Economic Community 2015 takes effect. Thailand’s key macroeconomic variables in recent years indicate that there exists significant pressure on rising wage rates, tightness in the labour market and sluggish labour productivity. The greater ASEAN Community will enhance connectivity within and beyond the region, which will help Member States become more dynamic and competitive. In terms of the ASEAN automobile industry, production and sales have been expanding due to economic development and the investment strategy of Japanese carmakers. A higher degree of trade and investment integration will occur after investment and trade regimes are liberalized. New investment or the relocation of existing production from high-cost to low-cost production locations will take place; existing supply chains and production networks need to be adjusted. Skill development and productivity improvements will be critical ingredients for prosperity in the ASEAN Economic Community. Public and private collaboration at both the country and regional levels will be indispensible.

Suggested Citation

  • Techakanont, Kriengkrai., 2014. "Managing integration for better jobs and shared prosperity in the ASEAN Economic Community the case of Thailand's automotive sector," ILO Working Papers 994865253402676, International Labour Organization.
    • Handle: RePEc:ilo:ilowps:994865253402676
    as

    Download full text from publisher

    File URL: https://ilo.userservices.exlibrisgroup.com/view/delivery/41ILO_INST/12103026510002676
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Kornkarun Cheewatrakoolpong & Chayodom Sabhasri & Nath Bunditwattanawong, 2013. "Impact of the ASEAN Economic Community on ASEAN Production Networks," Trade Working Papers 23393, East Asian Bureau of Economic Research.
    2. Prema-chandra Athukorala, 2008. "Trade and Investment Patterns in Asia : Regionalisation or Globalisation?," EABER Working Papers 21794, East Asian Bureau of Economic Research.
    3. Siow Yue Chia, 2013. "The ASEAN Economic Community : Progress, Challenges, and Prospects," Governance Working Papers 23717, East Asian Bureau of Economic Research.
    4. Athukorala, Prema-chandra & Yamashita, Nobuaki, 2006. "Production fragmentation and trade integration: East Asia in a global context," The North American Journal of Economics and Finance, Elsevier, vol. 17(3), pages 233-256, December.
    5. Siow Yue Chia, 2013. "The ASEAN Economic Community : Progress, Challenges, and Prospects," Trade Working Papers 23717, East Asian Bureau of Economic Research.
    6. Chia, Siow Yue, 2013. "The ASEAN Economic Community: Progress, Challenges, and Prospects," ADBI Working Papers 440, Asian Development Bank Institute.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Justin Barnes & Anthony Black & Kriengkrai Techakanont, 2017. "Industrial Policy, Multinational Strategy and Domestic Capability: A Comparative Analysis of the Development of South Africa’s and Thailand’s Automotive Industries," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 29(1), pages 37-53, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:ilo:ilowps:486525 is not listed on IDEAS
    2. João Amador & Sónia Cabral, 2014. "Global Value Chains: Surveying Drivers, Measures and Impacts," Working Papers w201403, Banco de Portugal, Economics and Research Department.
    3. Elms, Deborah, 2020. "Impact of the ASEAN Economic Community and implications for Latin America," Documentos de Proyectos 46513, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    4. Amador, João & Cabral, Sónia, 2014. "Global value chains: surveying drivers and measures," Working Paper Series 1739, European Central Bank.
    5. Sanchita Basu Das & Rahul Sen & Sadhana Srivastava, 2017. "A Partial Asean Customs Union Post 2015?," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 62(03), pages 593-617, June.
    6. Paul John, Pena, 2019. "An ASEAN Digital Single Market: Boosting the Aspiration for a Single Market in the Digital Era," MPRA Paper 95948, University Library of Munich, Germany.
    7. Sujinda CHEMSRIPONG, 2016. "Skilled Labor Mobility in the ASEAN Economic Community (AEC): Experience from Thailand Labor Market," Journal of Economics and Political Economy, KSP Journals, vol. 3(4), pages 767-781, December.
    8. Laosutsan, Pheesphan & Shivakoti, Ganesh P. & Soni, Peeyush, 2016. "Comparative advantage and export potential of Thai vegetable products following the integration into the ASEAN Economic Community," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 20(4), December.
    9. Choong Lyol Lee & Shinji Takagi, 2015. "Assessing the Financial Landscape for the Association of Southeast Asian Nations Economic Community, 2015," Asia and the Pacific Policy Studies, Wiley Blackwell, vol. 2(1), pages 116-129, January.
    10. Viet HOANG, 2018. "Assessing the agricultural trade complementarity of the Association of Southeast Asian Nations countries," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 64(10), pages 464-475.
    11. Sarah Huelser & Adam Heal, 2014. "Moving Freely? Labour Mobility in ASEAN," ARTNeT Policy Briefs 40, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
    12. Aalto, Pami, 2014. "Energy market integration and regional institutions in east Asia," Energy Policy, Elsevier, vol. 74(C), pages 91-100.
    13. Iulia Monica Oehler-Şincai, 2014. "The Roles Played By China And Japan In The Asian Integration Process," Romanian Economic Business Review, Romanian-American University, vol. 9(3), pages 131-148, September.
    14. Saima Gul & Syed Ali Shah & Muhammad Usman Ullah, 2018. "The Role of Trade in Peace Promotion: Assessment of Pak-India Relationship," Global Economics Review, Humanity Only, vol. 3(2), pages 34-42, December.
    15. Kaewkamol Pitakdumrongkit, 2017. "Beyond The Secretariat: Addressing Governance Issues In Asean Economic Community," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 62(03), pages 741-759, June.
    16. repec:era:wpaper:dp-2015-73 is not listed on IDEAS
    17. Mohamad D. Revindo & Christopher Gan, 2018. "Factors Affecting Variation in SMES' Export Intensity," LPEM FEBUI Working Papers 201820, LPEM, Faculty of Economics and Business, University of Indonesia, revised May 2018.
    18. Patarapong INTERAKUMNERD & Kriengkrai TECHAKANONT, 2015. "Intra-industry Trade, Product Fragment," Working Papers DP-2015-10, Economic Research Institute for ASEAN and East Asia (ERIA).
    19. Çakır, Mustafa Yavuz & Kabundi, Alain, 2013. "Trade shocks from BRIC to South Africa: A global VAR analysis," Economic Modelling, Elsevier, vol. 32(C), pages 190-202.
    20. Meenu Tewari & C. Veeramani, 2016. "Network Trade and Development: What Do Patterns of Vertically Specialized Trade in ASEAN Tell Us About India’s Place in Asian Production Networks?," Global Economy Journal (GEJ), World Scientific Publishing Co. Pte. Ltd., vol. 16(2), pages 349-388, June.
    21. Inmaculada Martínez-Zarzoso & Martina Vidovic & Anca M. Voicu, 2014. "EU-Accession Effects on Sectoral Trade: A Helpman-Melitz-Rubinstein Approach with Panel Data," CESifo Working Paper Series 4903, CESifo.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ilo:ilowps:994865253402676. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vesa Sivunen (email available below). General contact details of provider: https://edirc.repec.org/data/ilounch.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.