ASEAN at 50: a Historic Milestone for FDI and MNEs in ASEAN

In 50 years ASEAN has come a long way economically, in part because of the region’s deep participation in the world economy, including through inward and outward foreign direct investment (FDI). The level of FDI and the presence of multinational enterprises (MNEs) in ASEAN is formidable and will remain so in the future. This report tells ASEAN’s 50-year journey to becoming what it is now: a significant hub in MNE’s global production systems and value chain, and features how the enormous influx of FDI has driven economic growth, industrialisation and development across the region. The report also looks at the future of FDI and MNEs in ASEAN. Download the report...

ASEAN Investment Report 2017: Foreign Direct Investment and Economic Zones in ASEAN

The ASEAN Investment Report is a annual analytical report focusing on investment trends and prospects in ASEAN. This year’s Report examines the historical investment development of two Dialogue Partners of ASEAN, namely the European Union (EU) and India. Major multinational enterprises (MNEs) from these countries have been present in ASEAN in a wide range of industries. Many of them operate in multiple locations across the region in different segments of the value chains. The report also features the development of special economic zones (SEZs) in ASEAN, highlighting their roles in driving socioeconomic development and attracting foreign direct investment (FDI) into the region. Download the report...

Study on Mutual Recognition Models for the ASEAN Agricultural Best Practices

As ASEAN member states (AMS) move toward full realization of the ASEAN Economic Community (AEC), there is a need to promote intra-regional trade of agri-food products by improving food safety and sector competitiveness. One barrier to achieving this objective is the existence of at least 10 different national standards and conformity assessment systems for agri-food products across the 10 AMS. These quality assurance inconsistencies across borders create a great deal of uncertainty for buyers, effectively limiting their demand for agri-food products from within the region. To address these differences the ASEAN Ministers of Agriculture and Forestry (AMAF) have endorsed the ASEAN Agricultural Best Practices, including good agricultural practices (GAP) for fruits/vegetables, good aquaculture practices (GAqP) for food fish, and good animal husbandry practices (GAHP) for poultry products including broilers and layers. These ASEAN Standards are designed to serve as a basis for determining equivalence of different existing national standards, or as a blueprint to be adopted for those AMS currently without national standards systems in place. While the ASEAN Standards have been written and endorsed, there remains a need to practically implement them at the regional and national levels in a way that will increase confidence and demand from buyers, promote uptake at the farm level, and foster appropriate levels of protection between trade partners. To address this issue, this study recommends the establishment of a Multilateral Arrangement for the Mutual Recognition of Agri-food Standards and Conformity Assessment (MAMRASCA) that covers all three existing ASEAN agri-food standards, with flexibility for adoption of further agri-food standards. Download: Study on Mutual Recognition Models for the ASEAN Agricultural Best Practices...

Global Megatrends: Implications for the ASEAN Economic Community (2017)

This publication aims to further increase awareness of key issues and drivers of global megatrends, and draw out their relevance and implications for the ASEAN integration agenda. It focuses on the ASEAN Economic Community (AEC) and, more specifically, how the AEC may be impacted by and can respond to megatrends. The ASEAN Economic Community (AEC) enters its second year of establishment in a changing world, partly driven by global megatrends. The transformative changes brought about by global megatrends do not happen overnight, but are rapid enough to warrant prompt anticipation.  The AEC Blueprint 2025 is envisioned to create a more dynamic and resilient ASEAN, capable of responding and adjusting to emerging challenges, including from global megatrends. In this new phase of economic integration, the AEC needs to be responsive in its policy processes. ASEAN and the ASEAN Economic Community (AEC) have responded to changes in the wider region and at the global level. ASEAN, especially the AEC, will continue to respond to the global megatrends; the common themes and phenomena that are already unfolding, whose implications are broad, cross-cutting, profound and transformative, and would change the way individuals, businesses and societies live and do business for many years to come. Given the lasting impact of global megatrends, it is important for any community, including the AEC, to learn to adapt to, address and — to the extent possible — capitalise on them. Among the megatrends discussed in this book are: The political megatrends, specifically (i) geopolitics and security, (ii) geo-economics and the international liberal order, and (iii) national politics and the resurgence of populism. Technologies and the digital economy The interlinkages between...

ASEAN Community Progress Monitoring System 2017

This 2017 ASEAN Community Progress Monitoring System (ACPMS) Report is the third of the APCMS report series. The ACPMS report series provide statistics on integration outcomes in ASEAN pertaining to envisaged characteristics of the ASEAN Economic Community (AEC) and ASEAN Socio-Cultural Community (ASCC), including indicators on global development aspirations. This 2017 ACPMS Report examines 30 core indicators, describing five characteristics envisioned for the ASEAN Community Economic Blue Print 2025 and,  five characteristics of ASEAN Socio-Cultural Community Blueprint 2025. Download the ACPMS 2017 report Related project: Establishing the Mechanism to Enhance National Data Collection, Compilation and Dissemination for the ASEAN Community Progress Monitoring System...