The ASEAN Economic Community and Beyond : : Myths and Realities / / Sanchita Basu Das.

• Superior document: Title is part of eBook package: De Gruyter DG Plus eBook-Package 2015
• VerfasserIn: Basu Das, Sanchita,
• MitwirkendeR: Severino, Rodolfo C.,
• Place / Publishing House: Singapore : : ISEAS Publishing, , [2015]; ©2015
• Year of Publication: 2015
• Language: English
• Physical Description: 1 online resource (308 p.)

The year 2015 has special significance for regional economic integration. The ASEAN Community, integrating the political, economic and social aspects of regional cooperation, will complete its first milestone by December 2015. Expectations of tangible benefits under an ASEAN Economic Community have attracted much attention though many of the initiatives will be realized post-2015. Following the policy of open regionalism, ASEAN has also signed free trade agreements with Australia, New Zealand, China, India, Japan and South Korea. It has launched negotiations for the Regional Comprehensive Economic Partnership (RCEP) agreement in 2013, with expected breakthrough by end-2015. The Southeast Asian economies are also involved in two other regional initiatives. First is the Trans-Pacific Partnership (TPP), initiated by the United States. As part of the U.S. "pivot to Asia", the TPP is envisioned as a "comprehensive and high-quality" agreement and has concluded its negotiation in October 2015. Second, the discussions on regional connectivity have broadened; China has emerged as a recent lead proponent with its proposals for "One Belt, One Road" and the Asian Infrastructure Investment Bank. All these together have implications not only for individual Southeast Asian countries but also for regional trading architecture. To aid in understanding the beginnings, development, and potential of these grand plans, this collection of 22 essays offers a rich analysis of ASEAN's own economic integration and other related initiatives proliferating in the broader Asia-Pacific region.

Table of Contents

Frontmatter -- CONTENTS -- FOREWORD -- ACKNOWLEDGEMENTS -- ABBREVIATIONS -- 1. INTRODUCTION -- I. The ASEAN Economic Community (AEC) -- 2. THE ASEAN ECONOMIC COMMUNITY -- 3. CAN THE ASEAN ECONOMIC COMMUNITY BE ACHIEVED BY 2015? -- 4. GOODS TO FLOW SLOW AND STEADY WITHIN THE ASEAN ECONOMIC COMMUNITY -- 5. THE LIMITED IMPACT OF THE ASEAN ECONOMIC COMMUNITY ON SKILLED LABOUR MIGRATION -- 6. FIVE FACTS ABOUT THE ASEAN ECONOMIC COMMUNITY -- 7. GROWING ECONOMIC DIPLOMACY IN ASEAN -- 8. TOWARDS ASEAN ECONOMIC COMMUNITY 2025! -- 8. TOWARDS ASEAN ECONOMIC COMMUNITY 2025! -- 9. THE REGIONAL COMPREHENSIVE ECONOMIC PARTNERSHIP Going Beyond ASEAN+1 FTAs -- 10. COMPARING ASEAN+1 FTAs FOR AN EFFECTIVE RCEP -- 11. CHALLENGES IN NEGOTIATING THE REGIONAL COMPREHENSIVE ECONOMIC PARTNERSHIP AGREEMENT -- 12. THE NEXT DECADE IN ASEAN-U.S. ECONOMIC RELATIONS -- 13. RCEP AND TPP -- 14. THE TRANS-PACIFIC PARTNERSHIP (TPP) -- 15. THE TRANS-PACIFIC PARTNERSHIP AS A TOOL TO CONTAIN CHINA -- 16. RCEP AND TPP -- 17. IS APEC'S RELEVANCE FADING? -- III. An ASEAN Perspective of Regional Connectivity -- 18. PROMOTING ASIA'S INFRASTRUCTURE FOR REGIONAL TRADE AND INVESTMENT -- 19. ADDRESSING INFRASTRUCTURE FINANCING IN ASIA -- 20. APEC AND ASEAN CONNECTIVITY -- 21. CHINA'S THREE-PRONGED STRATEGY ON REGIONAL CONNECTIVITY -- 22. CAN THE CHINA-LED AIIB SUPPORT THE ASEAN CONNECTIVITY MASTER PLAN? -- APPENDIX -- INDEX -- ABOUT THE AUTHOR