This book is an introduction to the ASEAN Economic Community (AEC), the economic community founded by Southeast Asian nations. It provides both economic profiles of the member nations and an explanation of the Community itself. This book also discusses the impact of China on the AEC. The book is a starting point for research into the region or into any member country, whether for academic or for business purposes. With over 170 tables and figures as well as an abundance of historical facts, the book offers data-based insights.

Autorentext

Roderick Macdonald is Professor of Management and Technology at the École des sciences de la gestion, Université du Québec à Montréal, Canada. He has published books and articles on business strategy in new industries, fundamental economic notions used in business and moral analysis in management. His previous books with Palgrave Macmillan are Genesis of the Financial Crisis and Eurocritical: A Crisis of the Euro Currency.

Inhalt

1. Southeast Asia and the AEC, an IntroductionGeography of the RegionHistory of the RegionEarly Identity and InfluencesThe Europeans and JapanASEAN: From Individual Countries to a RegionThe Economies of ASEAN and AEC in the Structure of This BookPart I: Six Large Economies2. The PhilippinesIntroductionHistory in BriefNational CharacteristicsFrom the 'Sick Man of Asia' to its 'Rising Tiger'Overview: The Philippine EconomyDrivers of GrowthEconomic FreedomThe Philippines in the AECOrigins of ASEANExtent of the MarketASEAN as a Competitive Production HubCost of Doing Business as a Key Determinant of Participating in AEC as a Production HubHow Do the Philippines Compete in Terms of the Costs of Doing Business?Human Resources: The Ultimate ResourceThe Philippines as a Dynamic Part of the ASEAN Production Hub: Way ForwardChallenges in the AEC for the PhilippinesProspectsLabour and Services ExportsResurgence in ManufacturingConstruction BoomTourismChallengesFinal Remarks3. The Vietnamese Economy at the CrossroadsIntroductionVietnam TodayHistorical BackgroundEconomic OverviewPolitical Regime and CultureThe Government of VietnamThe Economic Culture of Vietnam: Confucian and Communist LegaciesGlobal Integration and Transformation of Economic BehaviourTrade Liberalization and Consumer BehaviourThe Rise of the Internet and Its Economic ImplicationsThe Economic Leaders of Transitional VietnamThe Vietnamese SuperclassAspirations for Prosperity: The Start-Up FeverVietnamese Foreign TradeTrade OverviewWithin the ASEAN Region China Trade and FDITrade with Other PartnersWhither the Vietnamese Market Economy? Macroeconomic Stability under Political InfluenceSustainability AssessmentConclusion4. ThailandIntroductionEconomic Policy and Historical BackgroundNatural Resources, Strengths and Comparative AdvantagesUnskilled Labour and Migrant WorkersCompetitiveness and Ease of Doing BusinessEconomic Needs and WeaknessesResource scarcities (aging society, and severe degradation of natural resourcesInability to escape the middle-income trapSerious income distribution problemsEconomic FreedomCompliance with AEC InstitutionsConclusion on Thailand and the AEC5. Malaysia: Trade, Foreign Direct Investment and Regional IntegrationIntroductionHistorical and Developmental SnapshotsChanging Trade Posture and Investment DynamicsShifting Focus of Industrial PolicyGrowing Regional ConnectionsGlobal Track RecordConcluding Remarks6. Singapore: Working Towards ProsperityOverview of The EconomyThe Founding MythA History of GrowthThe Twentieth Century: From Policy to ResultsHuman Capital (Resource) DevelopmentThe Twenty-First Century: New HorizonsA New Growth MarketAn Attempt to Develop Regional TradeThe Region and Changing Investment Patterns In The 21st CenturyConclusion7. Indonesia: Choosing between the Privileged and ProsperityEconomic OverviewOrganization of the Economy Of IndonesiaThe Gov...