With a combined population larger than that of the EU or NAFTA, economic integration of the ASEAN states will have a massive impact on both the Asian and global economies. This book examines the ASEAN Economic Community (AEC) and its opportunities and challenges. It looks at the impacts of economic integration, trade structure and economic interlinkage among these countries through case studies. The book also utilizes theories to further examine areas such as trade, cross-border infrastructure, border management, and the regional development in terms of trade liberalization and foreign labor.
This book also provides insight and analysis to developing policies for "ASEAN Connectivity". Given the challenges faced and huge potential impacts of the AEC's cross-border project, this book will be of interest to policy makers, business leaders and researchers in the ASEAN region and throughout the world.
Kiyoshi Kobayashi is Professor, Graduate School of Management and Professor, Department of Urban Management, Graduate School of Engineering, Kyoto University, Japan.
Khairuddin Abdul Rashid is Head, Procurement and Project Delivery Systems Research Unit and Professor, Kulliyyah of Architecture and Environmental Design, International Islamic University Malaysia.
Masahiko Furuichi is Professor, Graduate School of Management, Kyoto University, Japan.
William P. Anderson (Bill) is Director and Professor, The Cross-Border Institute, University of Windsor, Canada.
1. Introduction (Kiyoshi Kobayashi, Khairuddin Abdul Rashid, William P. Anderson and Masahiko Furuichi)
Part I: Regional Development of ASEAN from a Broad Perspective
2. ASEAN Integration: Opportunities and Challenges (Koji Sakane and JICA Study Team on ASEAN 2025 Report)
3. The Role of ADB in ASEAN Integration: Harnessing Connectivity for Regional Cooperation and Integration (James Lynch, Alfredo Perdiguero and Jason Rush)
4. ASEAN-India Economic Partnership for Growth and Inclusive Development in the Region (Gautam Ray)
Part II: Institutional Framework to Enhance the Connectivity
5. NAFTA and ASEAN: The Promise and Perils of Cross-Border Supply Chains (William P. Anderson)
6. Towards a Common PPP Framework for ASEAN (Khairuddin Abdul Rashid)
7. How Supply Chain Networks Play a Role in SMEs' Financing: Implication for ASEAN (Hua Song)
Part III: Infrastructure Development for Business Location
8. Thailand-plus-one: A New Regional Manufacturing Pattern of Japanese Companies Preparing for ASEAN Economic Community (Jun Nakabayashi)
9. Methodology to Assess Border Special Economic Zone Development for Industrial Investments in AEC Era (Jittichai Rudjanakanoknad and Chanikan Vongsmaenthep)
10. Global Infrastructure and Production Division by Heterogeneous Firms (Daming Xu, Kiyoshi Kobayashi, Kakuya Matsushima, Sharina Farihah Hasan and Shunsuke Segi)
Part IV: Developing Maritime Transport Networks
11. ASEAN-wide Connectivity by realizing RO/RO Shipping Network: Challenges and Opportunities (Masahiko Furuichi, Ken Kumazawa and Tatsuyuki Shishido)
12. Intermodal Route Choice of International Containers in Southern Mekong Region and Policy Simulation Using the Large-Scale Intermodal Network Assignment Model (Ryuichi Shibasaki, Takashi Shimada, and Masaru Suzuki)
13. Model of Hub Port Competition Applied to ASEAN: The Case of Singapore and Malaysia (Se-il Mun and Yu Morimoto)
Part V: Economic Analysis of Development Policies
14. Challenges for Urban and Rural Areas within AEC from Cross-border Integration: Analysis and Modelling (Lars Westin)
15. Predicting the Economic Impacts of ASEAN Integration at the Subnational Level (Satoru Kumagai, Ikumo Isono, Kazunobu Hayakawa, Souknilanh Keola and Kenmei Tsubota)
16. Empirical Analysis of International Economic Dependencies Based on the Three-Nation (China-Thailand -Lao PDR) International Input-Output Table (Hidefumi Kaneko, Kwangmoon Kim, Francisco. T. Secretario and Phetsamone Sone)
17. IMPACT of Trade Liberalization on Pollution and Poverty: Evidence from Lao PDR (Phouphet Kyophilavong, Shinya Takamatsu and Jeong-Soo Oh)