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The Impact of ASEAN Free Trade Area (AFTA) on Selected Agricultural Products in ASEAN Countries

The Impact of ASEAN Free Trade Area (AFTA) on Selected Agricultural Products in ASEAN Countries
Author: Lilibeth Acosta
Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
Total Pages: 0
Release: 1999
Genre: Free trade
ISBN: 9783631344804

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The Association of Southeast Asian Nation (ASEAN) was created as early as 1967 but ASEAN economic cooperation moved in a lackluster pace with few concrete accomplishments. To move the organization from its benign state of economic cooperation, the member states signed in 1992 the agreement on ASEAN Free Trade Area (AFTA) which is to be fully realized by the year 2003. Although agricultural products were initially excluded from the agreement to protect a sensitive sector like agriculture from open regional competition, the member states decided to include them in AFTA in 1995. Through application of a spatial price equilibrium model, the effects of AFTA on demand, supply, prices and trade of selected agricultural products in ASEAN countries and their major trading partners were analyzed. The spatial characteristic of the model analysis facilitated simulation of trade flows and thus provided insights on the possible changes in intra- and extra-ASEAN trade.


AFTA

AFTA
Author: Pearl Imada
Publisher: Institute of Southeast Asian
Total Pages: 168
Release: 1992
Genre: Free trade
ISBN:

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The formation of the ASEAN Free Trade Area (AFTA), agreed upon at the Fourth ASEAN Summit in January 1992, reflects both developments within ASEAN and the changing international economic and political environment. Rapid industrialization in all the ASEAN countries has given rise to greater intra-ASEAN trade. Such trade has also become more complementary than competitive. In the international sphere, the emergence of regional trading blocs such as the Single European Market (SEM) and the recently concluded North American Free Trade Agreement (NAFTA) have also had a major impact on ASEAN's perceptions of a global trading system. Fears of trade and investment diversion, coupled with increasing competition for foreign direct investments, have forced ASEAN to forge closer economic ties amongst its members. This timely volume focuses on the issues concerning the practical aspects of implementation of AFTA, and the ways and means of bringing AFTA to fruition within the 15 year frame. In addition, broader global and regional issues are analysed to provide a more comprehensive discussion of the prospects and problems of AFTA.


Free Trade Area Membership as a Stepping Stone to Development

Free Trade Area Membership as a Stepping Stone to Development
Author: Emiko Fukase
Publisher: World Bank Publications
Total Pages: 186
Release: 2001
Genre: Business & Economics
ISBN: 9780821348871

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The ASEAN free trade area (AFTA) was created in 1992. This book presents an overview of the mechanisms of AFTA as well as individual country reports of the costs and benefits of membership. The final chapter looks at the potential impact on economic growth.


ASEAN: AFTA and other Free Trade Agreements - Development and Impact on the International Automotive Industry

ASEAN: AFTA and other Free Trade Agreements - Development and Impact on the International Automotive Industry
Author: Meriem Cheritel
Publisher: GRIN Verlag
Total Pages: 121
Release: 2006-03-03
Genre: Business & Economics
ISBN: 3638689891

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Diploma Thesis from the year 2005 in the subject Business economics - General, grade: 2,0, University of Applied Sciences Constanze, language: English, abstract: This thesis tackles the topic of AFTA and its impact on the automotive world for ASEAN and Non-ASEAN member countries. It also emphasizes the importance of the growing economic regionalism in Asia. The first section set the basics by explaining what is ASEAN and the ASEAN free trade area. The second section describes the automotive background of AFTA member countries and their automotive tariff structure, before and after AFTA was implemented. The third section handles free trade agree-ments of ASEAN or bilateral ones with ASEAN members. The fourth and final section draws a picture of the future, in forecasting scenarios based on information in previous chapters. The paper concludes with an outline of ASEAN free trade agreement’s outcomes and future prospects for the automotive industry. AFTA may just be a steppingstone to wider automotive markets but that is likely to go beyond ASEAN intra-regional trade. This is relevant as it is becoming intertwined with the world’s economy and affecting it in the upcoming years.


Adjusting Towards AFTA

Adjusting Towards AFTA
Author: Jayant Menon
Publisher: Institute of Southeast Asian Studies
Total Pages: 119
Release: 1996
Genre: Business & Economics
ISBN: 9813055138

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The decision to establish the ASEAN Free Trade Area (AFTA) was initially met with widespread enthusiasm. Some of this enthusiasm has since dissipated as all countries except Singapore have voiced concerns regarding the ability of sensitive industries to compete in the new protection-free environment. Underlying these concerns is the view that the evolving pattern of trade will be more complementary, or that inter-industry of net trade will dominate intra-industry trade. This study employs a new methodology to analyse the dynamics of trade in the ASEAN countries as they approach the deadline of AFTA, with a view to identify likely adjustment costs associated with liberalizing their trade.


Indonesia and the ASEAN Free Trade Agreement

Indonesia and the ASEAN Free Trade Agreement
Author: Alexander C. Chandra
Publisher: Lexington Books
Total Pages: 310
Release: 2008
Genre: Business & Economics
ISBN: 9780739116203

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Chandra provides a political-economic analysis of the dynamic relationship between ASEAN economic integration and Indonesian nationalism. This book is suitable for those interested in contemporary Southeast Asian affairs.