This comprehensive Handbook provides an in-depth analysis of the nature of East Asian economic integration alongside thoughtful insights into contemporary issues, such as agricultural development, structural transformation and East Asian trade, alongside skills and human capital development policies of ASEAN. Contributors also provide detailed explanations on trade, poverty and Aid for Trade, institutional reforms, regulatory reform and measuring integration.
Globalisation is more complex than ever. The effects of the global financial crisis and increased inequality have spurred anti-globalisation sentiment in many countries and encouraged the adoption of populist and inward-looking policies. This has led to some surprising results: Duterte, Brexit and Trump, to name a few. In Indonesia, the disappointment with globalisation has led to rising protectionism, a rejection of foreign interference in the name of nationalism, and economic policies dominated by calls for self-sufficiency. Meanwhile, human trafficking and the abuse of migrant workers show the dark side of globalisation. In this volume, leading experts explore key issues around globalisation, nationalism and sovereignty in Indonesia. Topics include the history of Indonesia's engagement with the world, Indonesia's stance on the South China Sea and the re-emergence of nationalism. The book also examines the impact of globalisation on poverty and inequality, labour markets and people, especially women.
The Republic of Indonesia's former Minister of Trade and former Minister of Tourism and Creative Economy, Professor Mari Pangestu, talks about the country's resilience, and going beyond the 'new normal', in this interview with Philip Zerrillo.
Key Features:Indonesian Trade Minister Mari Pangestu is a co-editor and contributorAn up-to-date volume, relevant to today's trade policy questions, that will be of interest to policy makersComplements material from textbooks on trade policy used at upper undergraduate and postgraduate levels.
Japan's Future in East Asia and the Pacific takes a 'big-picture' approach to Japan's economic place in East Asia alongside that of China. It analyses Japan's successes and experiments in trade policy as well as its failures in macro-economic policy. Japan's diplomatic and economic integration strategies are also examined for their impact on East Asia and on Australia. The collection assesses China's growth and dynamism and questions the nature of the competition for economic influence between Japan and China. Contributors to Japan's Future in East Asia and the Pacific are all graduates of The Australian National University who are making their mark in the region as scholars and economists on East Asian and Pacific affairs.
Even a year or two ago, observers could have been relatively sanguine about the boom of interest in free trade agreements (FTAs). Progress was much slower than people originally expected, and negotiations seemed to drag on without agreement being reached. That situation has now changed. The large economies – not just the United States but also China, Japan and South Korea – are pursuing FTAs. Motivations apparently include their contribution to domestic and international political targets, the mobilisation of reform and dealing with new types of impediments in order to intensify trade flows in the region. ASEAN members are also actively involved but there are doubts about ASEAN's capacity to reach a consensus on trade policy issues. While its members might hope otherwise, a hub-and-spoke outcome in which ASEAN members make up the spokes, and not the hub, is a plausible scenario, and one of the worst in terms of a regional trading regime. We therefore argue the case for the application of a new set of principles to provide a framework for risk management, including progress in the World Trade Organization (WTO) on liberalisation, new WTO rules on regional agreements, higher levels of transparency, and more work on other forms of agreement to facilitate trade. Overall, multilateralisation of preferential tariff reductions should be the main benchmark in any new set of principles for risk management in the tactic of trading with favourites.
Even a year or two ago, observers could have been relatively sanguine about the boom of interest in free trade agreements (FTAs). Progress was much slower than people originally expected, and negotiations seemed to drag on without agreement being reached. That situation has now changed. The large economies – not just the United States but also China, Japan and South Korea – are pursuing FTAs. Motivations apparently include their contribution to domestic and international political targets, the mobilisation of reform and dealing with new types of impediments in order to intensify trade flows in the region. ASEAN members are also actively involved but there are doubts about ASEAN's capacity to reach a consensus on trade policy issues. While its members might hope otherwise, a hub-and-spoke outcome in which ASEAN members make up the spokes, and not the hub, is a plausible scenario, and one of the worst in terms of a regional trading regime. We therefore argue the case for the application of a new set of principles to provide a framework for risk management, including progress in the World Trade Organization (WTO) on liberalisation, new WTO rules on regional agreements, higher levels of transparency, and more work on other forms of agreement to facilitate trade. Overall, multilateralisation of preferential tariff reductions should be the main benchmark in any new set of principles for risk management in the tactic of trading with favourites.
Soesastro, H.: ASEAN economic cooperation in change regional and international political economy. - S. 1-40. Pangestu, M.: The ASEAN Free Trade Area. - S. 41-93. Nasution, A.: Open regionalism. The case of ASEAN Free Trade Area. - S. 94-107. Anwar, D. F.: Twenty-five years of ASEAN political cooperation. - S. 108-128. Leifer, M.: ASEAN as a model of a security community? - S. 129-142. Wanandi, J.: ASEAN and an Asia Pacific security dialogue. - S. 143-158. Luhulima, C. P. F.: ASEAN-European Community relations. - S. S. 159-199. Harianto, F.: Technology policy. An ASEAN experience. - S. 200-234. Sadli, M.: ASEAN. A personal reflection. - S. 235-242