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Supporting Regulatory Reforms in Southeast Asia

Supporting Regulatory Reforms in Southeast Asia
Author: OECD
Publisher: OECD Publishing
Total Pages: 138
Release: 2022-10-18
Genre:
ISBN: 926462046X

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Regulatory reforms have long been a focus for Southeast Asian nations, often as a way to improve the business climate and policy frameworks for trade and investment. The recent COVID-19 pandemic has spurred countries around the world to review and update their regulatory policies to respond to the current crisis and prepare for the next one.


Meeting Asia's Infrastructure Needs

Meeting Asia's Infrastructure Needs
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 235
Release: 2017-02-01
Genre: Business & Economics
ISBN: 9292577549

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Infrastructure is essential for development. This report presents a snapshot of the current condition of developing Asia's infrastructure---defined here as transport, power, telecommunications, and water supply and sanitation. It examines how much the region has been investing in infrastructure and what will likely be needed through 2030. Finally, it analyzes the financial and institutional challenges that will shape future infrastructure investment and development.


Good Regulatory Practices to Support Small and Medium Enterprises in Southeast Asia

Good Regulatory Practices to Support Small and Medium Enterprises in Southeast Asia
Author: OECD
Publisher: OECD Publishing
Total Pages: 248
Release: 2018-10-09
Genre:
ISBN: 9264305432

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This report is the first comprehensive stock-taking of good regulatory practice implementation in Southeast Asia to support local SMEs and their integration into global value chains. For each of the ten countries of the Association of Southeast Asian Nations (ASEAN).


Good Regulatory Practices to Support Small and Medium Enterprises in Southeast Asia

Good Regulatory Practices to Support Small and Medium Enterprises in Southeast Asia
Author: Collectif
Publisher: OECD
Total Pages: 216
Release: 2018-10-09
Genre: Political Science
ISBN: 926430682X

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Small and medium-sized enterprises (SMEs) can find it challenging to cope and comply with regulations and adapt regulatory changes. Good regulatory practice (GRP) helps create a stable and enabling regulatory environment for investment, trade, and entrepreneurhsip, and thus supports healthy economies and regional competitiveness. This report is the first comprehensive stock-taking of GRP implementation in Southeast Asia to support local SMEs and their integration into global value chains. For each of the ten countries of the Association of Southeast Asian Nations (ASEAN), the report provides examples of GRP tools and approaches in areas such as administrative burden reduction, e-government, regulatory impact assessment, ex post evaluation, and stakeholder consultation. The report also includes an overview of collective efforts pursued at the ASEAN level to promote the GRP agenda across the region.


Reforming State-Owned Enterprises in Asia

Reforming State-Owned Enterprises in Asia
Author: Farhad Taghizadeh-Hesary
Publisher: Springer Nature
Total Pages: 341
Release: 2021-02-23
Genre: Political Science
ISBN: 9811585741

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This book analyzes state-owned enterprises (SOEs), which are still significant players in many Asian economies. They provide essential public services, build and operate key infrastructure, and are often reservoirs of public employment. Their characteristics and inherent competitive advantages as publicly owned enterprises allow them to play these critical roles. Their weaknesses in governance and inefficiencies in incentive structures, however, also often lead to poor performance. SOEs must be efficient, transparent, and accountable to level the playing field for private companies, secure the growth of a vibrant private sector, and achieve sustained and inclusive economic growth. This book analyzes the reform of SOEs in Asia, the results of which are mixed. The volume concludes that some key conditions generally need to be met for SOE reforms to be successful: national bureaucracies must have the capacity to implement the reforms, and adverse impacts on international trade and investment must be avoided.


ASEAN Centrality and the ASEAN-US Economic Relationship

ASEAN Centrality and the ASEAN-US Economic Relationship
Author: Peter A. Petri
Publisher:
Total Pages: 75
Release: 2014-02-21
Genre: Business & Economics
ISBN: 9780866382465

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The Association of Southeast Asian Nations (ASEAN) is strategically significant because of its size, dynamism, and role in the Asian economic and security architectures. This paper examines how ASEAN seeks to strengthen these assets through "centrality" in intraregional and external policy decisions. It recommends a two-speed approach toward centrality in order to maximize regional incomes and benefit all member economies: first, selective engagement by ASEAN members in productive external partnerships and, second, vigorous policies to share gains across the region. This strategy has solid underpinnings in the Kemp-Wan theorem on trade agreements. It would warrant, for example, a Trans-Pacific Partnership (TPP) agreement with incomplete ASEAN membership, complemented with policies to extend gains across the region. The United States could support this framework by pursuing deep relations with some ASEAN members, while broadly assisting the region's development.


ASEAN Financial Integration

ASEAN Financial Integration
Author: Geert Almekinders
Publisher: International Monetary Fund
Total Pages: 43
Release: 2015-02-23
Genre: Business & Economics
ISBN: 1498315283

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The establishment of the ASEAN Economic Community (AEC) at end-2015 has brought into sharp focus the issue of financial and economic integration in the region. This paper takes stock of ASEAN’s financial integration and prospects. ASEAN integration could accelerate in the years ahead; it will likely be a safe, gradual process consistent with the “ASEAN way” of consensus decision-making. Properly phased and sequenced, closer financial integration has the potential to help increase real incomes and accelerate real convergence within ASEAN and narrow the region’s gap with advanced Asia. Realizing the promise of financial integration will require ASEAN countries to make long-term investments in financial infrastructure. Policymakers can draw on the experience of their more advanced peers and of other regions. Gradualism and safeguards should not be excuses for inaction or financial protectionism. Reliance on flexible policy frameworks and a strengthened and tested regional financial safety net should be part of the agenda. Closer engagement with the Fund could also help.


ASEAN 2030

ASEAN 2030
Author: ADBI
Publisher: Brookings Institution Press
Total Pages: 340
Release: 2016-03-08
Genre: Business & Economics
ISBN: 4899740522

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This book investigates long-term development issues for members of the Association of Southeast Asian Nations (ASEAN). It finds that with the proper policy mix—including domestic structural reforms and bold initiatives for regional integration—ASEAN has the potential to reach by 2030 the average quality of life enjoyed today in advanced economies and to fulfill its aspirations to become a resilient, inclusive, competitive, and harmonious (RICH) region. Key challenges moving forward are to enhance macroeconomic and financial stability, support equitable growth, promote competitiveness and innovation, and protect the environment. Overcoming these challenges to build a truly borderless economic region implies eliminating remaining barriers to the flow of goods, services, and production factors; strengthening competitiveness and the institutional framework; and updating some governing principles. But ASEAN should not merely copy the European Union. It must maintain its flexibility and pragmatism without creating a bloated regional bureaucracy. The study’s main message is that through closer integration, ASEAN can form a partnership for achieving shared prosperity in the region and around the globe.