This updated and revised edition of "The Economies of Southeast Asia" provides an examination of issues of paramount importance for Southeast Asian economies, such as the economic implications of the 1997 Asian crisis for both older and newer members of ASEAN
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Vietnam officially became the seventh member of ASEAN on July 28th, 1995. As a consequence of its membership, Vietnam has agreed to join with other ASEAN countries to form an AFTA (ASEAN Free Trade Area). Much has been written about Vietnam's recent economic transition towards a market economy and its attempts to integrate itself with the rest of the world, but no attempt has yet been made to address the relevant question, according to the author, of whether or not Vietnam will be able to meet its obligations under AFTA. He assesses how Vietnam has so far performed its AFTA obligations. (DÜI-Sen)
This study attempts to demonstrate the financial viability and economic soundness of adopting a National Support Income Scheme for Australia. The concept, designed to create an environment in which jobs are available for all, relies on three basic propositions including a reduction in wages and other incomes in exchange for receipt of the support income. The demonstration, based on the latest published statistics, indicates that adopting this scheme for Australia can be financially and economically justified.
This book examines the institutional changes taking place in, and challenges facing, the region since 1997. It also describes various differences in the reform process between countries in the region. Sjöholm and Tongzon argue that the economies of southeast Asia need to reform their institutions if the previous rapid development is to continue. The institutional weaknesses have been addressed to different degrees and with different success in the affected countries. Against the backdrop of southeast Asia's importance in the world economy, it is hardly possible to overestimate the need to understand this process of change.
The Association of Southeast Asian Nations (ASEAN) has agreed to establish an ASEAN single-shipping market (ASSM) by 2015. This paper aims to assess the impediments in achieving this vision and how they can affect the pace of integration. These impediments include the differences in their national shipping capacity, national shipping policies and regulations, and in their quality of shippingrelated infrastructure and institutions. Due to these differences, the economic implications are likely to vary and raise important conceptual and implementation issues. The ASEAN experience could contribute to the understanding of shipping market integration and provide some lessons for other countries. (Pac Rev/GIGA)
Substantial research posits that institutions do matter in port development, resulting in path-dependent reform process. However, issues remain unaddressed, notably on how and why institutions matter during such process under diversified developmental phases and geographical settings. This paper investigates, based on the experience of two major ports in East Asia, in what ways and to what extent political institutions have shaped the process of change, the main sources of path dependency, the conditions under which path disruption can occur, and how existing institutional legacies can contribute to differentiated outcomes. The focus is not only about institutional structure, but also the behavior and policies that institutions produce in such reforms. By doing so, it contributes to the progress and refinements of institutional theories, as well as theorizing the impacts of institutions in reforming the governance and planning systems of transport infrastructures.