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Moving the AEC Beyond 2015 - Managing Domestic Consensus for Community ? Building (Paperback)
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Moving the AEC Beyond 2015 - Managing Domestic Consensus for Community ? Building (Paperback)
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The ten Southeast Asian economies reached a milestone on 31
December 2015, when they announced the formation of an ASEAN
Community. Although this includes three pillars - ASEAN
Political-Security Community, ASEAN Economic Community (AEC) and
the ASEAN Socio?Cultural Community - it is the economic pillar that
generates immense debate, due to its expected quantifiable benefits
to member countries. This book, thus, focuses on the ASEAN Economic
Community and seeks to explain the need for building domestic
consensus within the member countries. It starts with an overview
chapter describing the current achievements of the AEC. It then
explores possible explanations for the
achievements/non-achievements and offers a hypothesis on
conflicting economic interests in a country as one possible
explanation for gaps in implementation. This is because any form of
economic liberalisation brings with it the winners and losers,
thereby raising resistance to liberalization measures and slowing
down the implementation process. The book includes six country
chapters - Indonesia, Malaysia, the Philippines, Singapore,
Thailand and Vietnam ? that examine sources of domestic conflict/s
in greater detail and depth. It also includes a regional chapter,
co?authored by the ex-Secretary General of ASEAN, Mr Rodolfo
Severino, that brings out the political nature of ASEAN economic
cooperation since its inception in 1976. For ASEAN beyond 2015, the
book articulates the need to obtain a strong domestic consensus
that supports the integration initiatives of the AEC. This can be
viewed as a way forward to accelerate and deepen integration within
ASEAN. The book concludes with some suggestions on how each country
can move towards achieving domestic consensus, based on the
respective country level analysis.
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