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Roadmap to an ASEAN Economic Community

Roadmap to an ASEAN Economic Community PDF Author: Denis Hew Wei-Yen
Publisher: Institute of Southeast Asian Studies
ISBN: 9812303472
Category : Business & Economics
Languages : en
Pages : 339

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Book Description
At the Ninth ASEAN Summit in Bali on 7 October 2003, the leaders of the Association of Southeast Asian Nations agreed to establish an ASEAN Economic Community (AEC) by 2020. It is envisaged that the AEC would be a single market and production base, with a free flow of goods and services, investments, capital and skilled labour. An integrated ASEAN with a sizeable market of over 500 million people could become an alternative to China as a regional production base for MNCs. Although there are roadmaps for the fast-track integration of eleven priority sectors, an overall longer-term roadmap needs to be formulated to realize the AEC. This book addresses the main issues.