ASEAN Way – The Way Forward The “ASEAN Way”, the guiding principle of the ASEAN region, is a unique mechanism that sees ASEAN Member States (ASEAN Member States) operates on the basis of “informality, “non-interference” in domestic matters of other countries, and consensus-building among members (Koga, 2010). The principle is the original core foundation of the relationship between ASEAN Member States, and was first lined out in the Bangkok Declaration, issued in 1976, developed as a conflict management of mechanism. The principle is seen as mean for ASEAN Member States to maintain their autonomy as a nation. While the principle of non-interference is a common principle used in many regions, the broad interpretation of ASEAN, based on their…
ASEAN: economic integration and intra-regional trade - Subhash C. Sharma and Soo Y. Chua At the summit meeting of the Association of Southeast Asian Nations (ASEAN) in January 1992, leaders from the six countries of ASEAN agreed to form the ASEAN Free Trade Area (AFTA). ASEAN consists of Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand. At the summit in September 1994, the plan was accelerated and ASEAN countries will be an FTA by the year 2003. On the other hand, equally…
The ASCC reflects ASEAN 's social agenda of poverty eradication and human development, which also addresses the cultural and civilizational cohesions in ASEAN (ASEAN, 2014). Success of such integration depends on the level of cooperation among the diverse cultural groups in ASEAN. The inspiration of specific religio-cultural norms and practices often dictates the inter-cultural cooperation. Islam as the most widely practiced religion in ASEAN inspires the success of ASCC. This paper provides an…
Intra-nation Politics and the ASEAN Economic Community ASEAN has accomplished a lot of its economic targets in the four pillars of the ASEAN Economic Community. However, it did not meet its ultimate goal of complete economic integration by 2015. It was a milestone to integrate on various levels the economies of countries with different political systems and economic standing, but a lot more need to done for complete integration; hence, a revised outlook in the form of the AEC Blueprint 2025.…
things equal, the effect of size is larger for countries with higher barriers to trade (and, hence, lower openness), while the effect of higher barriers and lower openness is bigger for smaller countries.” In essence, market size affects growth and income levels, and depends on both the degree of openness of the economy and country size. This theory examines how endogenous country size is determined by trade liberalization and how trade and country size influences economic growth as well as the…
III. RESEARCH METHODOLOGY & EMPIRICAL APPROACH III.1 INTRODUCTION The Chapter 3 investigates the research methodology and empirical approach that going to be used in this dissertation. As stated in the Introduction Chapter, the overall research project aims/objectives are to identify any constraints, flaws, and problems of implementation the ASEAN Mutual Recognition Arrangement (MRA) Agreement on Engineering and Architectural Service scheme in the street level in Indonesia. Moreover, it will…
Obviously, the main currencies used in ASEAN are US dollar, Euro, UK pound, and the Japanese yen. This section shows the comparison of those currencies to RMB in recent years. As mentioned earlier, the most important currency for ASEAN is US dollar. There are several reasons behind this. First, ASEAN’s currencies were originally fixed to US dollar since the countries would like to import macroeconomic stability from US dollar. With the mismanaged U.S. monetary policy, ASEAN countries would like…
1. INTRODUCTION The Office of the Higher Education Commission (OHEC) had implemented the “Thai-ASEAN Student Exchange Programme” from 2012-2014 to prepare Thai student to be ready for the establishment of ASEAN Community 2015. Evaluation Purpose The impact evaluation will be conducted to examine whether the Thai-ASEAN Student Exchange Programme’s outcomes have been achieved and to analyse the impacts of the programme on the students who were selected to participate in the programme as well as…
diplomatic solution through the ASEAN took place making the states cooperate financially and enforcing the states to resolve their issues peacefully. Even after conflict built again between the states, the ASEAN has been there to prevent the states from letting their personal goals impact international cooperation. Anarchy is a structure that states follow unconsciously, however it doesn’t suggest that states are all similar. In the mid-90s, china was caught secretly building structures on…
fact that the most populated area of Muslims from the world is the ASEAN region, considering Indonesia in first place followed for Malaysia, Brunei, Singapore, and Thailand. Muslims must follow their dietary code (based in the Shariah Law) where the word Halal which means the permitted items that they are allowed to consume, takes a huge importance because is a requirement for them. To obtain a Halal product this must be certified by a legal Halal entity. The Halal market represent a highly…