In an age in which it is increasingly necessary for nations to consider their competitiveness and at a time when the world economy is facing recession, this book explores the possible trajectory of ASEAN arguably one of the most dynamic areas in the world as a regional economic and political bloc. This important and timely study focuses on the role of foreign direct investment in advancing the performance of ASEAN and the competitiveness of its firms, whereas other studies typically focus solely on the role of trade. The expert contributors an interdisciplinary assembly of economists, lawyers and political scientists present a comprehensive view of ASEAN s experiences over the past decade, addressing the industrial competitiveness of ASEAN and analysing the role of MNEs against the background of the challenges of integration. They illustrate that regional integration will only be a success if ASEAN s linkages are broadened with global partners through negotiations of Free Trade Agreements. The book concludes that although much still remains to be done, and many promises are still to be unveiled, ASEAN s coming of age is an historic milestone. Competitiveness of the ASEAN Countries will appeal to a broad readership including students, academics and researchers with an interest in Asian studies, international business, international economics and international law.

Amongst other regional organisations, the Association of Southeast Asian Nations (ASEAN) stands out for the diversity of its ten Member States, stemming from their respective economic and political heritage, governance systems, legal institutions, stages of economic development, and exposure to or reliance on foreign trade and investments. As of 2017, however, the regional bloc has formalised its focus on economic integration and development of a regional competition law. Challenging this vision are the States’ very different national competition law systems, ongoing problems with governmental intervention in the economy, and lack of effective and efficient corruption-free regulatory and juridical infrastructure. This book, the first detailed analysis of competition law in the ASEAN countries, looks at the prospects of implementation for the regional law and compares the existing systems in each Member State. Opening with a thorough description of the composition and organisation of the ASEAN, the analysis proceeds to an in-depth evaluation of such aspects as the following: – persistence of the ASEAN’s traditional mode of dispute resolution, often referred to as the ASEAN Way; – economic challenges posed by intra-regional growth and globalisation; – the strong relationship between the business and government sectors; and – governmental interventions as cultural practices. There is detailed reference throughout to case law, legislation, institutional announcements, relevant treaties, and literature on both the ASEAN and competition law. As an important critical analysis of this major new regional competition law regime, this book will be welcomed by competition law practitioners, multinational corporation counsel, and jurists, officials, and academics in a variety of legal fields. Although the subject is specifically the ASEAN, the analysis contributes to a better understanding of competition law regimes in developing economies and to the more general literature on global competition law.

The ten countries in the ASEAN region account for approximately 5% of world gross domestic product and 8% of world population and represent the most diverse group of nations in terms of the level of prosperity, political system, culture, language, and history. This diversity in ASEAN not only helps us understand the notion of national competitiveness, but also provides important policy lessons for both developed and developing countries.This book — a collection of essays — provides insights on competitiveness challenges and policies. It provides an excellent overview of competitiveness for a group of countries at various stages of development. Written in a simple and accessible manner, this book will be of interest to students, researchers, business executives and government officials.

Describes trends in regional integration, export competitiveness, and inbound investment for six industries within the ASEAN: computer components, cotton woven apparel, hardwood plywood and flooring, healthcare services, motor vehicle parts, and palm oil. The ASEAN members created a regional ¿Roadmap for Integration¿ (Roadmap) for each priority sector, and while these Roadmaps have promoted tariff reductions and streamlined certain administrative procedures, their success in promoting regional integration has been mixed. In general, economic factors and national government policies have had more influence than the Roadmaps over regional industrial structures. Charts and tables. This is a print on demand edition of a hard to find pub.

This book provides fresh insights into the theory and policy of regional and multilateral trade from the perspective of developing countries. With the collapse of talks at the WTO Doha round, regionalism has proliferated in the form of Regional Trade Agreements (RTAs). This in turn has raised a number of critical issues in global trade policy debate. Given the implication of RTAs and WTO negotiations on economic development, the book emphasises that it is essential to examine the macro and micro effects of international trade flows on welfare, revenue, poverty and environment, particularly in the light of diversities, heterogeneities and limited financial capacity of developing countries. It discusses various issues of trade, investment, poverty, gender and legal dimensions in the regional and multilateral framework and is a useful guide to formulation of trade and economic policies for the benefit of developing countries. The book will be of primary interest to those in economics, commerce and management, and will be a useful reference for alternative research in this area.

Examines regional competition policy developments in South East Asia, exploring a broad range of related issues from diverse perspectives.

The necessity for the fundamental practice of regulating fair competition in a globalized world cannot be overstated. This promotes innovation, productivity, and serves as a safeguard against monopolies that could stifle progress. Regulating Fair Competition Toward Sustainable Development Goals is an insightful and comprehensive exploration of the vital link between competition law and policy and the United Nations' Sustainable Development Goals (SDGs). At its core, this book delves into the crucial role of fair competition in fostering innovation and driving economic growth. By encouraging corporations to continuously seek novel ideas and invest in research and development, fair competition paves the way for improved productivity and cost-effective production. Moreover, this legal framework stands as a bulwark against monopolies, which can suppress innovation, limit consumer choice, and escalate prices. The editors deftly elucidate the importance of competition law and policy in creating an open and fair marketplace that benefits consumers, businesses, and the environment. Bringing together a distinguished collection of academics and industry experts, this book delves into a broad spectrum of topics, including economy, environment, energy, technology, employment, business, and management. By examining various perspectives, the book offers a nuanced understanding of the implementations and limitations of competition law and policy in the context of sustainable development. This timely and significant volume caters to a diverse audience comprising academics, students, policy makers, and government and private research institutions. Furthermore, industry leaders and corporations will find valuable insights on how fair competition can foster sustainable development, making this book a must-read for those seeking to navigate the intersection of competition law and the SDGs.

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. "e;pivot to Asia"e;, the TPP is envisioned as a "e;comprehensive and high-quality"e; 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 "e;One Belt, One Road"e; 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.

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A detailed examination of the hugely significant relationship between China and the ASEAN countries from a Chinese perspective. This book provides a detailed analysis of the Association of Southeast Asian Nations (ASEAN) and the deepening relationship that ASEAN has with China. As an organization for regional cooperation among developing countries, ASEAN has drawn attention from the region and even the world, and is playing an increasingly important role in international affairs.As East Asian cooperation deepened in the 21st century, ASEAN countries not only raised the idea of building a community based on the pillars of an economic community, a political-security community and a socio-cultural community, but also issued the ASEAN Charter. Gaining a good overview of ASEAN's efforts at promoting economic cooperation over the last 40 years and the resultant effects on economic development is an important starting point toward an in-depth understanding of ASEAN itself. It is also an important theoretical basis for bilateral relations to progress further in the context of deepening China-ASEAN relations. The goals and achievements of ASEAN are something that other poorer performing nations may want to emulate. This book offers important insights into successful regional cooperation and the impact of building close bi-lateral relations with China.