Asean 2030 : Toward a Borderless Economic Community
Asean 2030 : Toward a Borderless Economic Community
Asian Development Bank Staff
- Tokyo, Japan Asian Development Bank Institute 2014
- 340 pages 23 cm
Dec. 2014
Annotation This book investigates long-term development issues for members of the Association of Southeast Asian Nations (ASEAN). It finds that with the proper policy mixincluding domestic structural reforms and bold initiatives for regional integrationASEAN has the potential to reach by 2030 the average quality of life enjoyed today in advanced economies and to fulfill its aspirations to become a resilient, inclusive, competitive, and harmonious (RICH) region. Key challenges moving forward are to enhance macroeconomic and financial stability, support equitable growth, promote competitiveness and innovation, and protect the environment. Overcoming these challenges to build a truly borderless economic region implies eliminating remaining barriers to the flow of goods, services, and production factors; strengthening competitiveness and the institutional framework; and updating some governing principles. But ASEAN should not merely copy the European Union. It must maintain its flexibility and pragmatism without creating a bloated regional bureaucracy. The study's main message is that through closer integration, ASEAN can form a partnership for achieving shared prosperity in the region and around the globe.
9784899740513 9784899740520
Asean --Economic history
Southeast Asia --Economic policy--International economic integration
341.2473 ADB
Dec. 2014
Annotation This book investigates long-term development issues for members of the Association of Southeast Asian Nations (ASEAN). It finds that with the proper policy mixincluding domestic structural reforms and bold initiatives for regional integrationASEAN has the potential to reach by 2030 the average quality of life enjoyed today in advanced economies and to fulfill its aspirations to become a resilient, inclusive, competitive, and harmonious (RICH) region. Key challenges moving forward are to enhance macroeconomic and financial stability, support equitable growth, promote competitiveness and innovation, and protect the environment. Overcoming these challenges to build a truly borderless economic region implies eliminating remaining barriers to the flow of goods, services, and production factors; strengthening competitiveness and the institutional framework; and updating some governing principles. But ASEAN should not merely copy the European Union. It must maintain its flexibility and pragmatism without creating a bloated regional bureaucracy. The study's main message is that through closer integration, ASEAN can form a partnership for achieving shared prosperity in the region and around the globe.
9784899740513 9784899740520
Asean --Economic history
Southeast Asia --Economic policy--International economic integration
341.2473 ADB