Improving economic position of Vietnam in Asean Economic Community (AEC) from the global integration perspectives

2021 ◽  
Vol 3 (7) ◽  
pp. 136-145
Author(s):  
To Thi Kim Hong ◽  
Nguyen Anh Tuan ◽  
Tran Thi Kim Dao ◽  
Nguyen Minh Duc
Keyword(s):  
Economic Integration ◽  
Quantitative Method ◽  
Policy Reform ◽  
Secondary Data ◽  
Global Integration ◽  
Integration Process ◽  
Economic Community ◽  
Integration Model ◽  
Asean Economic Community ◽  
Desk Research

After participating in ASEAN, and through various dialogue mechanisms, Vietnam now has become a more important and comprehensive economic member of the ASEAN Economic Community. This study focuses on analyzing the process of participating in the ASEAN Community and the roles and contributions of Vietnam in this organization to affirms Vietnam's position in the process of forming the AEC and demonstrates Vietnam's priorities for the integration process. The paper uses the primary and secondary data by using tools of desk research of different data in relativeness and by the quantitative method by using the Cobb-Doughlas function with a logarithmic form. The paper confirms the integration of Vietnam's economy into the ASEAN Economic Community (AEC) is an inevitable development after the achieved results of ASEAN's cooperation and economic connection. The AEC is an open regional economic integration model. The implementation of the AEC will bring in multi-dimensional impacts on member countries, and the extent of these impacts will depend on the level of regional and international economic integration, competitiveness, and effectiveness of policy reform in each country.

scholarly journals Improving economic position of Vietnam in Asean Economic Community (AEC) from the global integration perspectives

2021 ◽  
Vol 3 (7) ◽  
pp. 136-145
Author(s):  
To Thi Kim Hong ◽  
Nguyen Anh Tuan ◽  
Tran Thi Kim Dao ◽  
Nguyen Minh Duc
Keyword(s):  
Economic Integration ◽  
Quantitative Method ◽  
Policy Reform ◽  
Secondary Data ◽  
Global Integration ◽  
Integration Process ◽  
Economic Community ◽  
Integration Model ◽  
Asean Economic Community ◽  
Desk Research

After participating in ASEAN, and through various dialogue mechanisms, Vietnam now has become a more important and comprehensive economic member of the ASEAN Economic Community. This study focuses on analyzing the process of participating in the ASEAN Community and the roles and contributions of Vietnam in this organization to affirms Vietnam's position in the process of forming the AEC and demonstrates Vietnam's priorities for the integration process. The paper uses the primary and secondary data by using tools of desk research of different data in relativeness and by the quantitative method by using the Cobb-Doughlas function with a logarithmic form. The paper confirms the integration of Vietnam's economy into the ASEAN Economic Community (AEC) is an inevitable development after the achieved results of ASEAN's cooperation and economic connection. The AEC is an open regional economic integration model. The implementation of the AEC will bring in multi-dimensional impacts on member countries, and the extent of these impacts will depend on the level of regional and international economic integration, competitiveness, and effectiveness of policy reform in each country.

scholarly journals DAMPAK MEA TERHADAP INVESTASI, EKSPOR-IMPOR DAN PENGGUNAAN TENAGA KERJA INDONESIA

2019 ◽  
Vol 2 (2) ◽  
Author(s):  
Nur Khasanah ◽  
Prihartini Budi Astuti ◽  
Ika Neni Kristanti
Keyword(s):  
Economic Integration ◽  
Secondary Data ◽  
Economic Community ◽  
Foreign Investors ◽  
Before And After ◽  
The Government ◽  
Asean Economic Community ◽  
The Impact ◽  
Sample Pair ◽  
Made In

This research attempts to analyze the effects of the economic integration of the ASEAN Economic Community (AEC) which was implemented since 2015. The impact analyzed is focused on investments made in Indonesia, both investments made by foreign investors and domestic investors. Another thing that was also highlighted in this study was the flow of exports and imports. This was also investigated because one of the policies contained in the agreement of the ASEAN economic community was the elimination of international trade barriers. In addition to the two things above, researchers also analyzed the influence of the ASEAN economic community on the use oflabor in Indonesia. The data analyzed in this study are secondary data obtained from the relevant agencies. The method used in this study is a different sample pair test. This method is used because the research conducted is comparing the conditions of investment, export-import and use of labor in Indonesia before and after the economic integration of the ASEAN Economic Community. At the end of this study, researchers will provide recommendations to the government regarding what should be done by the government to optimize investment activities, exports and use of local labor in Indonesia.

scholarly journals Build Indonesia through ASEAN Economic Community

2020 ◽  
Vol 8 (1) ◽  
pp. 81
Author(s):  
Yunita Permatasari
Keyword(s):  
Qualitative Methods ◽  
Economic Integration ◽  
Global Economy ◽  
Regional Economy ◽  
Logical Thinking ◽  
Analysis Framework ◽  
Global Integration ◽  
Economic Community ◽  
Asean Countries ◽  
Asean Economic Community

As the interdependent global economy increased, ASEAN responded with the creation of ASEAN Economic Community (AEC). The AEC is expected to become the ASEAN arena of learning regional economic integration before entering the global integration. Indonesia, as the largest country in the region, should be a natural leader. However, the level of investment in Indonesia was lost to Singapore and several other ASEAN countries, thus Indonesia should see the potential of the AEC and maximize it to benefit the strengthening of Indonesia's strength. This research aimed to explain the AEC background, the potentials and challenges of the AEC, the AEC 2015 and 2025 comparisons. Using qualitative methods with inductive logical thinking, and constructivism as the analysis framework, the result shows that AEC 2025 is believed to be the integration of the regional economy with a dynamic and sustainable process. Thus, Indonesia can strengthen its position in AEC 2025, using a constructivism approach to reform Indonesian identity into the structure.

scholarly journals Konektivitas ASEAN : Sebagai Sebuah Pergeseran Paradigma Dalam Proses Integrasi ASEAN

2015 ◽  
Vol 1 (1) ◽  
pp. 70
Author(s):  
Haiyyu Darman Moenir
Keyword(s):  
Organizational Structure ◽  
Trade Liberalization ◽  
Economic Integration ◽  
Integration Process ◽  
Economic Community ◽  
Regional Organization ◽  
Goods And Services ◽  
Asean Countries ◽  
Asean Economic Community ◽  
The Individual

Establishment of ASEAN in the period 1967 to 2010, ASEAN as a regional organization undergone many changes, both in terms of the dynamics of the issues faced up to the stage of organizational structure. Globalization of trade liberalization resulting in movement of goods and services become limited. This encourages the re-realization of the ASEAN countries in order to restructure and integrate their economies in order to maintain their competitiveness, which in turn make ASEAN a more in-depth integration by establishing the ASEAN Economic Community (AEC) by 2015. Economic integration is expected to be used as a means to revitalize the economy of ASEAN. With the implementation of economic integration, it is hoped will be a driver of growth is faster than all the countries in ASEAN. Therefore, the connectivity becomes very important for ASEAN countries as one of the conditions necessary for ASEAN integration process that evolved into the ASEAN Community, and also ensure the centrality of ASEAN as a regional architecture that evolves dynamically. Connectivity plan for the year 2015 according to the plan will involve the physical connectivity, institutional connectivity, and connectivity of the individual.

scholarly journals The ASEAN WITHOUT A CUSTOMS UNION OR A SINGLE MARKET CONSEQUENCES OF THE ASEAN ECONOMIC COMMUNITY BLUEPRINT 2025

2020 ◽  
Vol 2 (1) ◽  
pp. 101-127
Author(s):  
Moh Firstananto Jerusalem
Keyword(s):  
Economic Integration ◽  
Free Trade Area ◽  
Single Market ◽  
Integration Theory ◽  
Customs Union ◽  
Economic Community ◽  
Trade Area ◽  
Market Economic ◽  
Asean Countries ◽  
Asean Economic Community

Abstract In the ASEAN Economic Community blueprint 2015 the term “single market” was used as a goal of economic community. Theoretically, single market is a level of economic integration after customs union. Under that blueprint, customs union could have a chance to be established as a necessary prerequisite for single market. However, the new blueprint 2025 does not adopt single market concept anymore. Different terms have been introduced namely “integrated and cohesive economy” and “unified market”. This article aims at assessing economic integration concept adopted in the ASEAN Economic Community blueprint by utilizing content analysis. It will review the change of concept by employing economic integration theory in order to indicate the direction of economic community goal. The finding is that the change of terms reflects the change of concept. As a result, ASEAN Economic Community will have a different direction in pursuing economic integration. Therefore, under the new blueprint ASEAN will not proceed to customs union and single market. However, it will remain at free trade area level of economic integration. In addition, ASEAN will not be a close trade block but tend to be an open regionalism in relation to non-ASEAN countries or regions. Keywords: ASEAN Economic Community, Customs Union, Single Market, Economic Integration, Open Regionalism.

The Equal Migrant Labor Distribution through Indonesia Labor Law Policy in ASEAN Economic Community Framework

2020 ◽  
Vol 11 (2) ◽  
pp. 334
Author(s):  
Emilia Fitriana DEWI ◽  
Agus MULYA ◽  
An CHANDRAWULAN ◽  
Yani PUJIWATI ◽  
Achmad GHAZALI ◽  
...  
Keyword(s):  
Law Enforcement ◽  
Migrant Workers ◽  
Central Government ◽  
Migrant Labor ◽  
Economic Community ◽  
Labor Laws ◽  
Criminal Sanctions ◽  
Asean Economic Community ◽  
Administrative Sanctions ◽  
Desk Research

The ASEAN Economic Community (AEC) currently requires diverse economic agreements and laws across the region because it moves in a robust multilateral connection based on political, industry, welfares, services, and especially migrant workers. Indonesia, as the largest provider of migrant workers, should have been prepared to deal with the cases of migrant workers. There is a need to build up consensus and appropriate Indonesian labor laws, such as the establishment of multi-partite bodies for purposes of recognition in the ASEAN Economic Community. Thus, this paper attempts to analyze the current existing labor laws in Indonesia. External desk research was employed in this study as the methodology. The results found that the several laws do not meet the needs of the Protection of Indonesian Migrant Workers concerning the Placement and Protection of Indonesian Workers Abroad. There has not yet provided proportional tasks and authority between the Central Government, Regional Governments, and the private sector. The implementation of the Protection of Indonesian Migrant Workers requires strict supervision and law enforcement. The supervision including protection before work, during work, and after work, and law enforcement should accommodate the administrative sanctions and criminal sanctions.  

A PARTIAL ASEAN CUSTOMS UNION POST 2015?

2016 ◽  
Vol 62 (03) ◽  
pp. 593-617
Author(s):  
SANCHITA BASU DAS ◽  
RAHUL SEN ◽  
SADHANA SRIVASTAVA
Keyword(s):  
Economic Development ◽  
Economic Integration ◽  
Customs Union ◽  
Economic Community ◽  
Welfare Gains ◽  
Applied General Equilibrium ◽  
Equilibrium Modeling ◽  
Welfare Losses ◽  
Asean Economic Community ◽  
General Equilibrium Modeling

This paper explores the feasibility of the ASEAN Economic Community (AEC) moving forward to the next step of economic integration, i.e., towards an ASEAN Customs Union (ACU) post-2015. Effectively, the way to progress towards an ACU is by forming it among ASEAN-9 members with Singapore maintaining its existing zero tariffs against non-members, thereby creating a Partial ACU. Using applied general equilibrium modeling exercise based on GTAP, the findings suggest that there are potential net positive welfare gains to be collectively reaped by ASEAN if it moves from an AFTA to a partial ACU post-2015. However, not all ASEAN members will individually gain from such an ACU and members may need to devise a feasible mechanism wherein some member country welfare losses in an ACU can be compensated by the members who gain. The paper argues that in spite of political economy challenges due to ASEAN’s unique characteristics and diversity in the levels of economic development among members, such a Partial ACU could be considered by ASEAN leaders due to its strategic imperatives.

scholarly journals Economic and political initiatives of European integration for the period 1945-1992

1998 ◽  
Vol 1 (1) ◽  
pp. 108-121
Author(s):  
W. Viviers ◽  
T F.J. Steyn
Keyword(s):  
European Integration ◽  
Economic Integration ◽  
European Economic Community ◽  
The Political ◽  
Customs Union ◽  
Integration Process ◽  
Economic Community ◽  
Economic Success ◽  
European Economic ◽  
Political Success

The integration of the European Communities (EC, today EU) has been described as one of the most successful examples of economic integration worldwide. This study examines the reason for this success from two perspectives. Firstly, the economic success of EC integration for the period 1945 to 1992 is investigated. It is concluded that, notwithstanding difficulties experienced, the economic integration process represents the EC's greatest achievement. An example of this is the completion of the EC internal market through the European Economic Community (EEC) customs union and the EC-92 programme. Secondly, the investigation focuses on the political success of EC integration. The evaluation shows that political powerplay endangered and inhibited the process of economic integration in the EC.

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