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1
Permatasari, Yunita. "Build Indonesia through ASEAN Economic Community." JAS (Journal of ASEAN Studies) 8, no. 1 (2020): 81. http://dx.doi.org/10.21512/jas.v8i1.6040.
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As the interdependent global economy increased, ASEAN responded with the creation of ASEAN Economic Community (AEC). The AEC is expected to become the ASEAN arena of learning regional economic integration before entering the global integration. Indonesia, as the largest country in the region, should be a natural leader. However, the level of investment in Indonesia was lost to Singapore and several other ASEAN countries, thus Indonesia should see the potential of the AEC and maximize it to benefit the strengthening of Indonesia's strength. This research aimed to explain the AEC background, the potentials and challenges of the AEC, the AEC 2015 and 2025 comparisons. Using qualitative methods with inductive logical thinking, and constructivism as the analysis framework, the result shows that AEC 2025 is believed to be the integration of the regional economy with a dynamic and sustainable process. Thus, Indonesia can strengthen its position in AEC 2025, using a constructivism approach to reform Indonesian identity into the structure.
2
MENON, JAYANT, and ANNA CASSANDRA MELENDEZ. "REALIZING AN ASEAN ECONOMIC COMMUNITY: PROGRESS AND REMAINING CHALLENGE." Singapore Economic Review 62, no. 03 (2016): 681–702. http://dx.doi.org/10.1142/s0217590818400052.
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Launched as a political bloc and security pact in the aftermath of the Viet Nam War, the Association of Southeast Asian Nations (ASEAN) has evolved to embrace an ambitious economic agenda. Its latest project was the establishment of the ASEAN Economic Community (AEC) on 31 December 2015. Fulfilling these commitments would promote predictability in ASEAN, as well as strengthen its credibility. But to what extent has ASEAN met this deadline? The blueprint for achieving the goal envisages the AEC standing on four pillars and meeting the deadline depends on progress on each of them. Each pillar presents a demanding set of challenges to be met before the AEC can be fully realized. We find that although ASEAN has come a long way toward realizing its goal, considerable challenges remain. Accommodating AEC accords will not be easy when they require changes to domestic laws or even the national constitution. The flexibility that characterizes ASEAN cooperation, the celebrated “ASEAN way”, may hand member states a convenient pretext for non-compliance. How to enforce the accords remains an issue. If the AEC is to be more than a display of political solidarity, ASEAN must find a way to give the commitments more teeth. The real test for the community, therefore, will lie in the years ahead.
3
Hartono, Darminto, and Soekotjo Hardiwinoto. "LEGAL PERSPECTIVE ON ASEAN ECONOMIC COMMUNITY." Diponegoro Law Review 3, no. 2 (2018): 199. http://dx.doi.org/10.14710/dilrev.3.2.2018.199-222.
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Since 2015, the ASEAN Economic Community (AEC) applied in its member countries, Including Indonesia. The preparation effort is regulatory legislation related to the AEC as a guide to achieve country's goals. The research aims to focus on how to inventory of the AEC regulations and how to find out in passing the AEC. The method uses the normative juridical approach and qualitative descriptive data analysis method. These research results that have a global market share, exporting country, investment destination country, a liberalization of ASEAN goods trade, large demographic bonuses, open services sector, aand smoother capital flows constantly. While the challenge is the elevation of the rate of export-import and the inflation rate, the negative impact of broader capital flows, the similarity of export products Which is still diverse must be solved. The Indonesian Government has an authority to regulate the role and function through it policies optimally, because of the opportunities and the existence of Indonesia. It is a matter of course that each member country to face AEC still not enough of expectations.
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Kusumawardhana, Indra, and Jeremiah Daniel. "IS THE �ASEAN ECONOMIC COMMUNITY� UNDERSIEGE? The New Trajectory of the Asean Economic Community the two Mega- Regional Agreements; �RCEP� and �TPP�." Journal of Indonesian Social Sciences and Humanities 7, no. 1 (2017): 29–42. http://dx.doi.org/10.14203/jissh.v7i1.73.
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The ASEAN Economic Community (AEC) was signed by the leading nations of Southeast Asia in Kuala Lumpur on 31, December 2015. This was a great achievement of regional integration, pointing members of the AEC towards a single market awakening. Despite this tremendous progress, the reality is that ASEAN members are now involved in two mega-regional agreements. One, which has the potential to protect ASEAN centrality, ASEAN+6 or the Regional Comprehensive Economic Partnership (RCEP); and the other, the US-ledTrans-Pacific-Partnership Agreement. This participation by ASEAN members with various economic partners outside ASEAN may result in dependency to global capitalism networks.Departing from the above mentioned context, the core question then arises: Has the global economic structure provide an opportune precondition for the implementation of the ASEAN Economic Community (AEC)? To tackle this question, this essay will use Dependency Theory to analyze the global economicstructures which encase the AECs regional economic integration agenda and to reveal the ASEAN members dependence on global capitalism. This essay explores both the attempts of the ASEAN framework to create a comprehensive economic community; and the consequences of ASEAN integration with two mega-regional agreements in the region. It is argued that the dependency of ASEAN members on the structure of the global economy proves that it does not provide a proper pre-conditioning for the AEC to be implemented. Moreover, it will be hegemonic factors that challenge the existence of the AEC.
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Mutaqin, Muhammad Iqbal. "Industrialization During the Implementation of ASEAN Economic Community (AEC) Blueprint 2015." Journal of Accounting Research, Organization and Economics 3, no. 1 (2020): 15–27. http://dx.doi.org/10.24815/jaroe.v3i1.15583.
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Objective – This paper examines whether the implemented ASEAN Economic Community AEC 2015 measures have a significant effect on ASEAN industrialization. Design/methodology – The examination was performed by comparing the growth of manufacturing indicators before and after the period of the AEC Blueprint implementation. panel data was used to examine the trend of manufacturing development in ten ASEAN countries: Brunei Darussalam, Cambodia, Indonesia, Lao, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. The panel data analysis examined seventeen years data on ten ASEAN countries that reported manufacturing indicators (mnfemp, mnva, rmva), GDP per capita, and population. The AEC Blueprint is implemented in a specific timeline since the year 2008 by ASEAN countries. Results – This study found that there are no significant differences in the growth of manufacturing employment and the growth of nominal manufacturing value-added before and after a period of AEC blueprint implementation. Also, the growth of the real manufacturing value-added in the period of AEC blueprint implementation is less than prior AEC era. The findings of this study support studies that criticize the AEC implementation.
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Dosch, Jörn. "The ASEAN Economic Community: Deep Integration or Just Political Window Dressing?" TRaNS: Trans -Regional and -National Studies of Southeast Asia 5, no. 1 (2016): 25–47. http://dx.doi.org/10.1017/trn.2016.28.
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AbstractOn 31 December 2015, the Association of Southeast Asian Nations (ASEAN) announced the establishment of the ASEAN Economic Community (AEC). In theory, this agreement has produced association-wide economic integration. However, following the announcement and for the foreseeable future, ASEAN member states will continue to have significantly less than full regional economic integration. Why? Some observers believe that the AEC plans involve an overly ambitious timeline and too many ill-thought-out initiatives. Others point to ASEAN's traditional aversion to legally binding agreements. While progress has been made in reducing or eliminating intra-ASEAN trade tariffs, substantial non-tariff barriers to trade persist. However, for most member states, the ASEAN market is relatively small, while external markets, especially China, are growing rapidly. Given this outward orientation for ASEAN trade, is the lack of an unhindered regional market really a problem?
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Jajang, Badruzaman1 Irman Firmansyah2. "ANALYSIS OF BANKING GROWTH AFTER APPLICATION OF ASEAN ECONOMIC COMMUNITY." INTERNATIONAL JOURNAL OF RESEARCH SCIENCE & MANAGEMENT 5, no. 8 (2018): 157–64. https://doi.org/10.5281/zenodo.1405427.
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This study examines the differences in the growth of banking business in ASEAN before and after the entry into force of the ASEAN Economic Community (AEC). The variables studied are assets, third party funds and credit. The research period is growth in 2013 to 2014 (before AEC) and in 2016 to 2017 (after AEC). Data processing begins by reducing the three variables (assets, third party funds and credit) into a new variable using the Principal Component Analysis (PCA) and then doing a different test using the Wilcoxon signed rank test. The results showed that there was no difference in banking business growth between before and after the entry into force of the AEC. Therefore the banking sector has not been able to take advantage of the free market conditions in ASEAN, so it must continue to increase the opportunity to expand market networks in all ASEAN member countries in order to be able to improve its performance.
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Oktavia, Indriana, and Kiki Verico. "THE AWAKENING OF INVESTMENT CREATION: A CASE STUDY FROM SOUTH-EAST ASIA." Buletin Ilmiah Litbang Perdagangan 14, no. 2 (2020): 177–94. http://dx.doi.org/10.30908/bilp.v14i2.438.
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Abstrak
 ASEAN membentuk integrasi ekonomi, seperti ASEAN Free Trade Area (AFTA), AFTA+1, dan ASEAN Economic Community (AEC), untuk meningkatkan perdagangan intra dan investasi antarnegara ASEAN. Tujuan dari penelitian ini adalah untuk meneliti dampak integrasi ekonomi ASEAN terhadap ASEAN FDI (AFDI) dan perdagangan intra ASEAN (AIT). Penelitian ini menggunakan data sepuluh negara ASEAN dan enam negara mitra selama periode 2001-2017 dan di estimasi dengan menggunakan Generalized Least-Square (GLS). Hasil estimasi menunjukkan CEPT-AFTA ASEAN6 tidak dapat meningkatkan AIT dan AFDI. Dampak positif CEPT-AFTA pada AFDI dan AIT hanya terjadi pada tahun 2015, meskipun dampak pada AIT tidak signifikan. Penelitian ini mengindikasikan bahwa AFTA+ dapat meningkatkan AIT dan AFDI antara negara-negara ASEAN+6. AEC memiliki dampak positif pada AFDI dan dampak negatif pada AIT. Penelitian ini juga menyimpulkan bahwa jika dengan kerangka ASEAN+ menyebabkan investment creation di kawasan ASEAN+6. Untuk memperkuat perdagangan dan investasi, maka pemerintah perlu memperkuat kerja sama melalui Regional Comprehensive Economic Partnership (RCEP).
 Kata Kunci: ASEAN, FDI, AFTA, Perdagangan Intra, AEC 
 
 Abstract
 ASEAN created several economic integrations, such as the ASEAN Free Trade Area (AFTA), AFTA+1, and ASEAN Economic Community (AEC), to increase intra-trade and investment between ASEAN countries. This study aimed to examine the impact of ASEAN economic integration to ASEAN FDI (AFDI) and ASEAN Intra-Trade (AIT). The data consists of ten ASEAN countries and six partner countries from 2001 to 2017. It was estimated using the Generalized Least-Square (GLS). Estimation results showed that CEPT-AFTA ASEAN6 could not increase AIT and AFDI. The positive impact of CEPT-AFTA on AFDI and AIT occurred in 2015, with insignificance on AIT. The study also indicated that AFTA+ could increase AIT and AFDI between ASEAN+6 countries. Contrarily, AEC provided a positive impact on AFDI and an insignificant negative impact on AIT. The study concluded that the ASEAN+ framework causes investment creation in ASEAN and partner countries. The government needs to strengthen cooperation through Regional Comprehensive Economic Partnership (RCEP) to escalate FDI and trade. 
 Keywords: ASEAN, FDI, AFTA, Intra-Trade, AEC
 JEL Classification: F13, F14, F15
9
Purba, Charles Bohlen. "Tantangan Perguruan Tinggi Indonesia Menghadapi Asean Economic Community." Jurnal Keamanan Nasional 1, no. 1 (2015): 105–26. http://dx.doi.org/10.31599/jkn.v1i1.15.
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Asean Economic Community (AEC)) tidak saja berdampak pada sector sosial, ekonomi dan politik, akan tetapi AEC akan memiliki dampak serius terhadap dunia pendidikan Indonesia. Indonesia akan kalah bersaing jika tidak mampu menyiapkan SDM yang unggul menghadapi tantangan regional atau internesional. Secara regulasi, Indonesia membuka ruang terhadap penyelenggara pendidikan asing di Indonesia sebagaimana diamanhkan dalam Pasal 90 Undang-undang No 12 tahun 2012 tentang Pendidikan Tinggi. Karena itu, Pemerintah perlu memahami peta persoalan di sektor pendidikan, supaya dapat dirancang program-program pembangunan yang tepat sasaran sehingga Indonesia dapat mengambil manfaat dari pelaksanaan AEC yang sudah dimulai sejak 1 Januari 2015 jika tidak maka bangsa Indonesia hanya akan menjadi konsumen dungu globalisasi, modernisasi melalui perjanjian-perjanijian yang telah disepakati pemerintah.Kata kunci: AEC, ekonomi, pendidikan dan Indonesia
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Koesrianti, Koesrianti. "Rule-based Dispute Settlement Mechanism for ASEAN Economic Community: Does ASEAN Have It?" Hasanuddin Law Review 1, no. 2 (2016): 182. http://dx.doi.org/10.20956/halrev.v1i2.303.
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ASEAN Charter 2007 as ‘constitution’ of ASEAN aims to establish ASEAN Community (AC) in 2015 that ASEAN constitutes as a rule-based organization. ASEAN Community consists of three pillars, namely, ASEAN Political Security Community (APSC), ASEAN Economic Community (AEC), and ASEAN Socio Cultural Community (ASCC). AEC will posses as the lead for the Communities. The objective of AEC is to form a single market and production base with some priority sectors. Accordingly, many economic regional organizations provide Dispute Settlement Mechanism (DSM) to resolve disputes that may arise among the member countries. The dispute mechanism aims to provide predictability and security in international trade by providing strict time-frames, and was designed to be mutually agreed by the disputing members, flexible and binding. ASEAN trade DSM is designed as a legalistic mechanism. This paper examines DSM in ASEAN, especially economic disputes in the context of international trade law. In doing so, this paper analyzes DSM provided in the ASEAN Charter by comparing to DSM in the WTO context.
11
Koesrianti, Koesrianti. "Rule-based Dispute Settlement Mechanism for ASEAN Economic Community: Does ASEAN Have It?" Hasanuddin Law Review 1, no. 2 (2016): 182. http://dx.doi.org/10.20956/halrev.v1n2.303.
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ASEAN Charter 2007 as ‘constitution’ of ASEAN aims to establish ASEAN Community (AC) in 2015 that ASEAN constitutes as a rule-based organization. ASEAN Community consists of three pillars, namely, ASEAN Political Security Community (APSC), ASEAN Economic Community (AEC), and ASEAN Socio Cultural Community (ASCC). AEC will posses as the lead for the Communities. The objective of AEC is to form a single market and production base with some priority sectors. Accordingly, many economic regional organizations provide Dispute Settlement Mechanism (DSM) to resolve disputes that may arise among the member countries. The dispute mechanism aims to provide predictability and security in international trade by providing strict time-frames, and was designed to be mutually agreed by the disputing members, flexible and binding. ASEAN trade DSM is designed as a legalistic mechanism. This paper examines DSM in ASEAN, especially economic disputes in the context of international trade law. In doing so, this paper analyzes DSM provided in the ASEAN Charter by comparing to DSM in the WTO context.
12
Tat, Lee Tsun. "Problems with the ASEAN Free Trade Area Dispute Settlement Mechanism and Solutions for the ASEAN Economic Community." Journal of World Trade 49, Issue 2 (2015): 277–308. http://dx.doi.org/10.54648/trad2015012.
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The Association of Southeast Asian Nations (ASEAN) is pushing for closer economic integration to maintain its competitiveness as a free trade area in the world economy. The push is to transform, by 2015, the ASEAN Free Trade Area (AFTA) into the ASEAN Economic Community (AEC).The AEC would create a single market for goods, services, and investments and a single production base for the region. Closer economic integration, however, requires an effective system for the settlement of the kind of disputes that inevitably arise from the further liberalization of trade and investment. To this end, in 2004,ASEAN adopted the Protocol on Enhanced Dispute Settlement Mechanism, which establishes a near rule-based Dispute Settlement Mechanism for the ASEAN Free Trade Area (AFTA DSM). In the decade since its establishment, the AFTA DSM has never been invoked. This article explores the limitations and constraints of the AFTA DSM and proposes an arbitration model as the ideal method of conflict resolution for ASEAN and the eventual AEC.
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Hong, To Thi Kim, Nguyen Anh Tuan, Tran Thi Kim Dao, and Nguyen Minh Duc. "Improving economic position of Vietnam in Asean Economic Community (AEC) from the global integration perspectives." Technium Romanian Journal of Applied Sciences and Technology 3, no. 7 (2021): 136–45. http://dx.doi.org/10.47577/technium.v3i7.4663.
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After participating in ASEAN, and through various dialogue mechanisms, Vietnam now has become a more important and comprehensive economic member of the ASEAN Economic Community. This study focuses on analyzing the process of participating in the ASEAN Community and the roles and contributions of Vietnam in this organization to affirms Vietnam's position in the process of forming the AEC and demonstrates Vietnam's priorities for the integration process. The paper uses the primary and secondary data by using tools of desk research of different data in relativeness and by the quantitative method by using the Cobb-Doughlas function with a logarithmic form. The paper confirms the integration of Vietnam's economy into the ASEAN Economic Community (AEC) is an inevitable development after the achieved results of ASEAN's cooperation and economic connection. The AEC is an open regional economic integration model. The implementation of the AEC will bring in multi-dimensional impacts on member countries, and the extent of these impacts will depend on the level of regional and international economic integration, competitiveness, and effectiveness of policy reform in each country.
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Hong, To Thi Kim, Nguyen Anh Tuan, Tran Thi Kim Dao, and Nguyen Minh Duc. "Improving economic position of Vietnam in Asean Economic Community (AEC) from the global integration perspectives." Technium Romanian Journal of Applied Sciences and Technology 3, no. 7 (2021): 136–45. http://dx.doi.org/10.47577/technium.v3i7.4609.
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After participating in ASEAN, and through various dialogue mechanisms, Vietnam now has become a more important and comprehensive economic member of the ASEAN Economic Community. This study focuses on analyzing the process of participating in the ASEAN Community and the roles and contributions of Vietnam in this organization to affirms Vietnam's position in the process of forming the AEC and demonstrates Vietnam's priorities for the integration process. The paper uses the primary and secondary data by using tools of desk research of different data in relativeness and by the quantitative method by using the Cobb-Doughlas function with a logarithmic form. The paper confirms the integration of Vietnam's economy into the ASEAN Economic Community (AEC) is an inevitable development after the achieved results of ASEAN's cooperation and economic connection. The AEC is an open regional economic integration model. The implementation of the AEC will bring in multi-dimensional impacts on member countries, and the extent of these impacts will depend on the level of regional and international economic integration, competitiveness, and effectiveness of policy reform in each country.
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Zulkarnaen, Ahmad Hunaeni. "CITA HUKUM POSITIF INDONESIA DAN ASEAN ECONOMIC COMMUNITY (AEC)." Jurnal Hukum Mimbar Justitia 2, no. 1 (2019): 709. http://dx.doi.org/10.35194/jhmj.v2i1.565.
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ASEAN Economic Community, is a society that is integrated each other within the scope of ASEAN where free trade among the ASEAN members by the aim to create ASEAN become more stable, prosperous and competitive in development economically, with the following characteristics: (a) based on a single market and production, (b) highly competitive in regions economy, (c) equitable development in regions economy, and (d) integrated regions in the global economy.All of the Indonesian legal systems are created and applied for the implementation of the "ASEAN Economic Community (AEC) must be an intermediary and a gateway in achieving fairness and prosperity for Indonesian citizens based on Pancasila . Keywords : ASEAN Economic Community (AEC), fairness, prosperity.
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Nuha, Ulin. "THE ROLE OF PONDOK PESANTREN IN ENCOUNTERING ASEAN ECONOMIC COMMUNITY (AEC)." ADDIN 10, no. 2 (2016): 365. http://dx.doi.org/10.21043/addin.v10i2.1739.
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ASEAN Economic Community (AEC) with characteristics of the economy and labour liberalization can be a blessing for Indonesian people when they are ready to deal with it, but it can also be disastrous if they do not prepare it. This requires the synergy of government and all elements of Indonesian society in facing the ASEAN Economic Community (AEC). Boarding school in the context of history has become an institution that is highly effective not only in the printing community deeply in the science of religion, but also in terms of the economy certainly cannot remain silent in facing the ASEAN Economic Community (AEC).
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Tran, Thao Quoc, and Tham My Duong. "Intercultural communicative competence: A vital skill in the context of ASEAN economic community." Global Journal of Foreign Language Teaching 5, no. 1 (2015): 15. http://dx.doi.org/10.18844/gjflt.v5i0.37.
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ASEAN countries are about join in a single market and production base known as ASEAN Economic Community (AEC) 2015, which will enhance freer flows of goods, services, investment, capital, and people. This will enable the process of regional integration in which people from diverse cultures will live, meet, and work together. Accordingly, culture clash and shock and communication breakdown would seem to be unavoidable if people in ASEAN community are not well prepared in terms of intercultural communicative competence (ICC) in order to effectively and appropriately function in multicultural situations. Therefore, this paper discusses the reasons why ICC is a must-to-have in AEC, and gives some implications to promote ICC among people in terms of English language education. Keywords: English language (EL), ASEAN Economic Community (ACE), Intercultural communicative competence (ICC).
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Utami, Tanti Kirana. "ANALISIS TENTANG PENDIDIKAN DAN PELATIHAN TERHADAP PENINGKATAN KOMPETENSI PEGAWAI NEGERI SIPIL DALAM MENGHADAPI MASYARAKAT EKONOMI ASEAN (MEA)." Jurnal Hukum Mimbar Justitia 2, no. 1 (2019): 743. http://dx.doi.org/10.35194/jhmj.v2i1.567.
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Asean Economic Community (AEC) / AEC (Asean Economic Community) in 2015 is a program that has long been prepared all members of ASEAN which aims to improve the economic stability in the ASEAN region and form the economic area among ASEAN countries is strong. One important aspect that needs to be prepared quickly this nation is the human resources competent civil servants . The program to improve the competence of employees is done through education and training programs training. Education and training of personnel contributed to the increase in productivity , efektitas and organizational efficiency . Keywords: Competency Enhancement, Civil Servants, the Asean Economic Community.
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Sumitro, Sumitro. "THE EFFECTIVENESS OF ASEAN ECONOMIC COMMUNITY." JURNAL INFORMATIKA 3, no. 3 (2019): 20–32. http://dx.doi.org/10.36987/informatika.v3i3.220.
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Free trade agreement of ASEAN Economic Community (AEC) immediately will be implementedin the region. The four pillars of the AEC concept is a reference in the enforcement process. All memberstates have made preparations including Indonesia. Small and Medium-sized Enterprises also makepreparations. The preparation of the Indonesian government in the deal and how the measures taken toprotect Small and Medium-sized Enterprises is a discussion in the review of this article. Policies madeby the government, including the measures taken for businesses Small and Medium-sized Enterprises,still found some difficulties in implementation.Because entirely not going well then the nomination acceleration trade policies comprehensivelyneeds to be activated immediately so that the various policy papers that the government made will be ableto work together with entreperenurs. This study also found unrediness of national products, especiallySmall and Medium-sized Enterprises in competing due to human resources, inadequate infrastructureand the investment climate.
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Prasetyo, Christianus Yudi. "SIAPKAH INDONESIA MENGHADAPI MEA?" JURNAL ILMU EKONOMI & SOSIAL 8, no. 2 (2017): 81–90. http://dx.doi.org/10.35724/jies.v8i2.646.
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Countries that are members of the Association of South East Asian Nations (ASEAN) are facing an era where ASEAN turn into market and single production base, a highly competitive regional economic, equitable economic development, and a region fully integrated into global economy. That era is known as the ASEAN Economic Community (AEC), which take effect on January 2016. This literature survey was conducted to determine the position of Indonesia compared to other ASEAN countries based on existing statistical data so as to determine the readiness of Indonesia to face the AEC. Comparison is made on 6 ASEAN countries with the highest economic growth, namely: Singapore, Malaysia, Indonesia, Thailand, Philippines, and Brunei. It is important to know because many people are still not aware this intense competition in the era of AEC. Based on World Economic Forum, Indonesia is in 4th position after Singapore, Malaysia and Thailand in terms of competitiveness.
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Fitriyanti Zulaikha, Zulaikha, Hasan Hariri, Riswanti Rini, and Sowiyah Sowiyah. "Analysis of vocational education curriculum in ASEAN Economic Community: a literature review." Journal of Social, Humanity, and Education 1, no. 3 (2021): 157–70. http://dx.doi.org/10.35912/jshe.v1i3.357.
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Purpose: In 2015, ASEAN economic community was formed to turn the area into a single market and a competitive superior production base to make the region prosperous and stable. The how to do that is through education and applying the appropriate curriculum for industry's needs. This study analyzed and elaborated the curriculum used in vocational schools, especially in countries around ASEAN Economic Community or AEC. Research methodology: This descriptive content analysis study method was done by implementing a literature review. This literature review was to review and analyze the curriculum used in vocational education around AEC in order to fulfill the standards of AEC industry's needs. Results: This study finds that curriculum for vocational schools around ASEAN Economic Community set priority in standard skills and soft skills. Limitations: This study is limited to vocational schools, especially around ASEAN Economic Community. Contribution: This study could be useful for vocational schools around South East Asia and researchers researching curriculum, especially in Asia. Keywords: AEC, Curriculum, Vocational education
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Nguyen, Chien Van. "The Role of Economic Integration Policies in Increasing Economic Growth in Selected Southeast Asian Countries." Journal of Risk and Financial Management 18, no. 5 (2025): 229. https://doi.org/10.3390/jrfm18050229.
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Southeast Asian countries have come together to form the Association of Southeast Asian Nations (ASEAN), especially the formation of the ASEAN Economic Community (AEC) in 2015, which has united countries into an AEC economic bloc. The aims of the study are to assess the impact of integration policies and the role of the AEC on economic growth during the period 1970–2022. Using quantitative analysis methods through OLS, FEM, REM and long-term impact analysis through the ARDL panel, the research results show that a higher level in economic integration is consistent with a higher level of economic growth. Specifically, FDI has a positive impact on economic growth in the short term and the positive impact is stronger in the long term. At the same time, trade openness has a negative impact on growth in the short term, but this effect is no longer in the long term. The result affirms the very positive nature of the AEC for international integration and contribution to economic growth in the Southeast Asian region. Finally, this study has some policy implications for Southeast Asian countries in the context of implementing economic integration policies and setting growth targets.
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Rüland, Jürgen. "The ASEAN Economic Community and National Sovereignty." European Journal of East Asian Studies 16, no. 2 (2017): 193–219. http://dx.doi.org/10.1163/15700615-01602004.
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The article examines whether, and how far, the ASEAN Economic Community (AEC) has triggered a discourse on labour migration in ASEAN member countries which exhibits a tendency towards securitising the free flow of labour. It begins with the observation that fears linger in ASEAN’s member countries that market liberalisation may not only lead to a flooding with imported goods, but also intensify intra-regional labour migration. The ushering in of the AEC can thus be considered a critical juncture facilitating ideational changes and so exacerbating labour migration politicisation. Resting on the Copenhagen School’s securitisation theory and a discourse analysis of 72 newspaper articles, and based on a taxonomy of politicisation, the article’s major findings are that the level of politicisation is limited in the four countries under investigation. Surprisingly, it is higher in Indonesia than in Singapore and Malaysia where securitisation effects would have been expected. Explanations suggest that issues such as terrorism and maritime border concerns are currently more conducive for securitisation. In Indonesia and Singapore, the level of politicising post-AEC labour migration is higher than in Malaysia and the Philippines due to deeply inculcated vulnerability and survival discourses, which let elites respond seismically to global and regional developments.
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Chandra, Alexander Christian. "Regional Economic Building Amidst Rising Protectionism and Economic Nationalism in ASEAN." JAS (Journal of ASEAN Studies) 4, no. 1 (2016): 1. http://dx.doi.org/10.21512/jas.v4i1.878.
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Despite its ambitious ASEAN Economic Community (AEC) project, protectionism and economic nationalism are on the rise in ASEAN. Protectionism, however, is not new to Southeast Asia, with governments across the region employ such an inward-looking economic policy when they enjoy economic stability, and pursue economic reform when confronted with major economic challenges. Unfortunately, embryonic industries will always exist in the region, and governments will find excuses to safeguard their existence. Consistent with the so-called 'Murdoch Schoold of critical political-economy' approach, this article mainly argues that the inclination towards protectionism in ASEDAN is primarily rooted in the domestic political-economy of ASEAN Member States. Apart from bringing about domestic regulatory changes, major economic liberalisationinitiatives of ASEAN, such as the ASEAN Free Trade Area and the AEC, significantly redistribute power and resources, and ignite struggles between competing domestic economic influences, many of which are in favour of government's protection. Whilst existing technical initiatives to address protectionism are useful, major crises that encourage major structural adjustments in all AMS might be needed to overcome fundamental protectionist inclination in the region
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Kanaev, Evgeny A., Pavel S. Shaternikov, and Ekaterina А. Vaseneva. "The ASEAN Economic Community in the Priorities of Japanese Companies: the Role of Singapore as a Point of Market Entry." South East Asia: Actual problems of Development, no. 3 (48) (2020): 176–88. http://dx.doi.org/10.31696/2072-8271-2020-3-3-48-176-188.
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The article explores the potential of Singapore as a point of entry to the market of Association of Southeast Asian Nations (ASEAN) within the framework of the ASEAN Economic Community (AEC). Starting from an analysis of the specificity of AEC as a multilateral project, the paper proceeds with revealing the institutional links between Singapore Business Federation and AEC to finally turn to identifying the extent to which Japanese companies see Singapore’s institutions as mechanisms to expand their presence to the rest of Southeast Asia. In the authors’ opinion, from the ASEAN market entry perspective the potential of Singapore, for all its outstanding achievements as an area of doing business excellence, should not be overestimated.
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Louangrath, P.I., and Chanoknath Sutanapong. "ASEAN Economic Community: A Case Study of Failed Economic Integration." Inter. J. Res. Methodol. Soc. Sci. 4, no. 3 (2018): 77–117. https://doi.org/10.5281/zenodo.1461709.
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In 2015, the ASEAN 10 countries launched their economic integration effort called the ASEAN Economic Community (AEC). The purpose of this paper is to assess the effect of that integration four years after its implementation. We used the percentage change of the GDP and percentage change of export volume from 2005 to 2018 as the data. The study divided the data into two periods; ten years before integration and 4 years after integration. In the post-integration period, we are limited to four years because only four years had passed since the AEC integration in 2005. The secondary data was extracted from the IMF’s World Economic Outlook Report 2018. The paper employed series of tests to verify the significance of changes in GDP and export growth. The T test for pre- and post-integration shows that there was no significant difference in the GDP growth (<em>p</em> = 0.7090), but there was significant reduction in export growth (<em>p</em> = 0.0047). For the ASEAN countries, there was a net loss of -0.88 ± 1.36 percentage points in the GDP growth and -1.70 ± 4.33 percentage point in export growth. We concluded that the AEC integration created a net loss for the ASEAN countries. We identified two countries who sustained significant loss in the annual GDP growth: Malaysia (T = 1.98; <em>p</em> = 0.0198), and Singapore (T = -2.98; <em>p</em> = 0.0004). No country experienced significant gain in the GDP growth. Statistical test for export growth showed that Malaysia had significant gain in export growth while four countries had significant loss: Brunei (<em>p</em> = 0.0335 ), Laos (<em>p</em> = 0.0000 ), Myanmar (<em>p</em> = 0.0000 ), and Singapore (<em>p</em> = 0.0065).
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Aini, Desy Churul, and Siti Azizah. "Capacity Building Pemahaman Tentang Asean Economic Community (AEC) di MAN 1 Bandar Lampung dalam Menyongsong Indonesia Emas 2045." Jurnal Sumbangsih 2, no. 1 (2021): 8–14. http://dx.doi.org/10.23960/jsh.v2i1.60.
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Era Globalisasi saat sekarang ini telah menjadi kenyataan yang menyatukan seluruh negara di dunia ini melalui aktifitas ekonomi, ilmu pengetahauan dan teknologi, politik, dan sosial budaya. Salah satu dampak globalisasi adalah munculnya Regional Economic Integration diberbagai belahan dunia ini salah satunya adalah Masyarakat Ekonomi ASEAN (MEA). Kelanjutan komitmen seluruh negara ASEAN setelah memasuki MEA 2015 adalah MEA 2025. Cetak biru 2025 bertujuan meningkatkan kualitas integrasi dan pertumbuhan ekonomi di kawasan. Peningkatan integrasi ini akan dilakukan melalui lima Pilar MEA 2025 yaitu (1) Ekonomi ASEAN yang terintegrasi dan kohesif; (2) ASEAN yang kompetitif dan dinamis; (3) peningkatan konektivitas dan kerja sama sektoral; (4) ASEAN yang tangguh, inklusif, dan berorientasi serta fokus ke masyarakat; serta (5) ASEAN Global. Hal yang sungguh memprihatinkan adalah persoalan sosialisasi dan edukasi yang kurang gencar sehingga para stakeholders atau pemangku kepentingan banyak yang tidak mengetahui secara jelas berbagai skim perdagangan bebas tersebut. Sehingga, dengan demikian tidak ada persiapan matang menghadapi kompetisi bebas dalam MEA itu. Baru menjelang saat dilaksanakan kita kerja keras menyiapkan diri, sementara sebagian pesaing kita sudah jauh didepan dengan berbagai strategi untuk memenangkan atau mendapatkan keuntungan terbesar dari keterbukaan atau integrasi ekonomi yang terjadi. Capacity Building tentang Pemahaman Asean Economic Community (AEC) atau Masyarakat Ekonomi Asean kepada siswa-siswi Madrasah Aliyah Negeri (MAN) 1 Bandar Lampung adalah judul pelaksanaan penyuluhan tentang Capacity Building Asean Economic Community (AEC) dalam menyongsong Indonesia Emas 2045 di Madrasah Aliyah Negeri 1 Bandar Lampung, yang diselenggarakan pada hari Sabtu, tanggal 29 Agustus 2020 dapat disimpulkan sebagai berikut; Tingkat pengetahuan dan pemahaman siswa-siswi di Madrasah Aliyah Negeri 1 Bandar Lampung tentang Asean Economic Community (AEC) dalam menyongsong Indonesia Emas 2045 sebelum dilakukan sosialisasi masih rendah. Hal ini tercermin dari pertanyaan-pertanyaan yang diajukan kepada narasumber dari peserta penyuluhan. Pengetahuan dan pemahaman peserta penyuluhan tentang konsep Asean Economic Community (AEC) sebagai Upaya menyongsong Indonesia Emas 2045, sesudah penyuluhan meningkat. Indikator kesimpulan ini didapat dari terjawabnya dengan baik pertanyaan-pertanyaan yang diajukan oleh narasumber kepada para peserta sekitar masalah konsep Asean Economic Community (AEC).
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Permatasari, Ayu, Chatrina Febriani Pratiwi, and Medika Era Wijaya. "REVIEW OF INDONESIA'S EMPLOYMENT ARRANGEMENTS IN FACING ASEAN ECONOMIC COMMUNITY." Lampung Journal of International Law 3, no. 2 (2021): 63–72. http://dx.doi.org/10.25041/lajil.v3i2.2365.
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The AEC is the founder of the ASEAN Community and the formation of regional economic integration, which was implemented in 2015. The implementation of ASEAN is made up of the flow of services/goods on a single product and market basis, skilled labour, investment, and free capital flows between countries in the ASEAN region. As an opportunity at the time of employment and as a substitute for unemployment, the Indonesian state must be utilized free of skilled labour. The issues that have arisen are how the employment arrangements in Indonesia are? How to optimize Indonesia’s employment arrangements in the AEC era? The method of approaching this research is the normative juridical method. The research shows that there are arrangements in the field of manpower that help realize quality human resources and skilled labour. It also states that Law No. 13 of 2003 on Manpower and other policies that provide job training and certification of work competencies that optimize employment to be more qualified, skilled, and competitive and recognized by other ASEAN countries in facing the AEC.
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Ridwan, Ridwan. "MARGIN APRESIASI HARMONISASI HUKUM INDONESIA DALAM PERSPEKTIF EMPAT PILAR ASEAN ECONOMIC COMMUNITY1." Supremasi Hukum: Jurnal Penelitian Hukum 24, no. 2 (2017): 179–91. http://dx.doi.org/10.33369/jsh.24.2.179-191.
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ABSTRACTThe implementation of the AEC in 2015 will make ASEAN transformedin to pillars as a single market and production base, a highly competitive economic region, the region with equitable e conomic development and a region fully integrated into the global economy. The implentation of the AEC will also transform the Indonesian law that is necessary to change the law as a juridical instrument to implement the AEC. How to appreciate the AEC and legal change show it should be done? Appreciation and legal changes cannot be separated from the other pillars of the ASEAN Community, namely the security community and socio-cultural community. Thus, as the margin of appreciationis none other than the Pancasila and Indonesian state goals, as well as changes in the meaning of the law is the law harmonization. Thus implementation in the context of the AEC should utilize AEC aspirations for national interests, while protecting the interests of the peoples, as well as aligning with the AEC between national interests and global. Keywords: AEC, Transforms, Appreciation, Pancasila, the Stategoals, Harmonization.ABSTRAKImplementasikan AEC tahun 2015 akan mentansformasi ASEAN ke dalam pilar-pilar sebagai pasar tunggal dan basis produksi, kawasan ekonomi yang berdaya saing tinggi, kawasan dengan pembangunan ekonomi yang merata, dan kawasan yang terintegrasi ke dalam ekonomi global. Implementasi AEC juga akan mentranformasi hukum Indonesia sehingga perlu dilakukan perubahan hukum sebagai instrumen yuridis untuk mengimplementasikan AEC tersebut. Bagaimana mengapresiasi AEC dan perubahan hukum yang bagaimana harus dilakukan? Apresiasi dan perubahan hukum tidak terlepas dari pilar komunitas ASEAN yang lain yaitu komunitas keamanan dan komunitas sosial budaya. Dengan demikian, sebagai margin apresiasi tidak lain adalah Pancasila dan tujuan negara Indonesia, serta perubahan hukum adalah dalam arti harmonisasi hukum. Dengan demikian implementasi AEC harus dalam konteks yaitu memanfaatkan aspirasi AEC bagi kepentingan nasional, sekaligus menganyomi kepentingan rakyat, serta menyelaraskan antar kepentingan nasional dengan AEC dan global.Kata Kunci: AEC, Mentransformasi, Apresiasi, Pancasila, Tujuan Negara, Harmonisasi.
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Sugiharti, Harpa. "KESIAPAN MAHASISWA DALAM MENGHADAPI ASEAN ECONOMIC COMMUNITY 2015 (PERSEPSI MAHASISWA FAKULTAS EKONOMI, UNIVERSITAS INDONESIA)." Jurnal Riset Akuntansi dan Keuangan 2, no. 3 (2014): 427. http://dx.doi.org/10.17509/jrak.v2i3.6595.
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ASEAN Economic Community (AEC) in 2015 is one ofthe pillars whichis used as a tool in the achievement ofthe goal of ASEAN in the ASEAN Vision 2020.The objective of this study was to determine student treadinessin the face of employment in Indonesia when the AEC has been applied. This research is a descriptive qualitative research. Primary research data obtained by distributing questionnaires to students Faculty of Economic, University of Indonesia. The results showed that most of the students know how the impact of the implementation of the AEC and they have started to prepare for the competition.
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Bawana, Tate Agape, Fadillah Mansor, and Kamaruzaman Noordin. "INTERNATIONAL ISLAMIC BANKS’ POPULARITY AMIDST THE ASEAN ECONOMIC COMMUNITY: INSIGHTS FROM INDONESIA AND MALAYSIA." Journal of Central Banking Law and Institutions 3, no. 3 (2024): 471–94. http://dx.doi.org/10.21098/jcli.v3i3.269.
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The establishment of the ASEAN Economic Community (AEC) aimed to achieve regional integration among all ASEAN member states, with particular emphasis on financial integration. Islamic banking is in line with the broader goals of the AEC, as an alternative financial system, helping to build a more resilient and inclusive financial system in the region. Because of this resiliency and inclusiveness, Islamic banks have been encouraged to develop into international banks in the ASEAN region through increasing their assets and earnings. This paper aims to examine the position of International Islamic banks (IIb) in the AEC under its conventional banking services: OCBC Bank from Singapore, Maybank and CIMB Bank from Malaysia. Through the analysis of banking trends, this qualitative study compares the level of popularity of those banks in Indonesia and Malaysia, the two Muslim-majority countries in ASEAN, after the initial establishment of the AEC period in 2016 to 2024. The findings indicated that the most popular Islamic financial services in Malaysia are provided by Maybank, while the most well-known Islamic financial services under IIb in Indonesia are provided by CIMB Bank. This paper provides an overview of the globalisation of IIb in ASEAN and fills a research gap on the development of IIb, particularly within the AEC.
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Chia, Siow Yue. "ASEAN Economic Integration and Physical Connectivity." Asian Economic Papers 15, no. 2 (2016): 198–215. http://dx.doi.org/10.1162/asep_a_00438.
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Although the ASEAN Economic Community (AEC) was established at the end of 2015, some of the objectives remain for it to be fully realized, and many of the actions and measures in the AEC Blueprint have not been fully implemented and have to be carried forward to future years. Among these “works in progress” is transport and other physical infrastructure, which is necessary for the physical flows of goods and people. Analysis of free trade and economic integration agreements do not usually place emphasis on the importance of the physical delivery of the goods and people flows made possible by trade and investment liberalizations, particularly in geographically dispersed and diverse regions such as ASEAN. This paper examines the importance of physical connectivity to implement the AEC. It explores the various dimensions of land, maritime, and aviation connectivity with the complex agreements, national policies and regulatory frameworks and challenges of implementation and infrastructure financing, including the Chinese initiative of the One Belt-One Road and the Asian Infrastructure Investment Bank.
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Ma'arif, Hilman Mahmud Akmal, Baiq Ulva Rahmawati, and Muh Kamil. "ASEAN ECONOMIC DYNAMICS: ECONOMIC SOCIETY, OPPORTUNITY, AND CHALLENGE IN DISRUPTION ERA IN INDONESIA 2015-2020." Jurnal Politica Dinamika Masalah Politik Dalam Negeri dan Hubungan Internasional 14, no. 1 (2023): 75–90. http://dx.doi.org/10.22212/jp.v14i1.3397.
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The global economy keeps the wheels of the economy turning and countries are starting to assemble regional groups to keep up with the flow. The ASEAN Economic Community (AEC) is a form of realization of the free market in Southeast Asia that was born from the cross-regional association of countries. This article describes the dynamics of the economy in ASEAN which includes the economic community, its opportunities, and challenges. This article is examined using one of the concepts of international relations, namely regionalism integration. Because in this study the author sees the AEC phenomenon as an idea formed with an integral geographical background in the Southeast Asian region. The AEC's orientation is to form a highly competitive economic area with many policies, consumer protections, and various agreements to create competitive economic conditions. This article is reviewed through qualitative research methods sourced through books, scientific articles, news, and others.
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Nikomborirak, Deunden. "The ASEAN Economic Community (AEC): Myths and Realities." Asian Economic Papers 14, no. 2 (2015): 71–90. http://dx.doi.org/10.1162/asep_a_00348.
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ASEAN is considered one of the most successful economic regions, because it managed to dismantle many of the tariff barriers among the ten member states. Its more ambitious goal, however—of becoming not only a single trade area, but also a single production base by the year 2015—appears elusive. The investment liberalization goals stipulated in the ASEAN Economic Community Blueprint, a roadmap for regional economic integration, is meek, indicating unwillingness of member states to open up their cosseted and, at times, lucrative, service sectors. Moreover, current commitments of member states do not even match up with such goals. To be able to establish a regional production base, member states will have to stand up against local interest groups that benefit from the status quo, be they large domestic state and private companies operating in key service sectors such as telecommunications, energy and finance, or professional councils or professional associations that would like to reserve jobs exclusively for their members. If not, the region will certainly gradually but surely lose its economic flair.
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Pasierbiak, Pawel Mariusz. "Causes, Origins and Possible Effects of the ASEAN Economic Community (AEC)." JAS (Journal of ASEAN Studies) 6, no. 1 (2018): 1. http://dx.doi.org/10.21512/jas.v6i1.3897.
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In 2007, the Association of Southeast Asian Nations (ASEAN) at its 13th summit decided to create the ASEAN Economic Community (AEC). In assumptions, the common market was to be established by the end of 2015, and the introduction of free movement of goods, services, capital and skilled labor was to lead to an increase in the degree of market integration among member states. But the creation of a single market is not an easy process, as illustrated by the case of the European Community/European Union, where a process of single market creation has been implemented slowly and with numerous difficulties. On the other hand, if the process of a common market creation is successful, the integration brings benefits to the participating countries. The primary goal of this article is to indicate potential effects as well as to show the progress of the implementation and functioning of the common market in the ASEAN Economic Community. To achieve the objective, the author will analyze the theoretical implications of a common market and the real implications, taking the European Union as an example. Having done this part of the analysis, the author will try to indicate and evaluate the possible effects of the process of the common market creation in the Association of Southeast Asian Nations.
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Pramono, Sugiarto, Anna Yulia Hartati та Adi Joko Purwanto. "Potential Conflict Among ASEAN Member States in The Implementation of The ASEAN Economic Community". Jurnal Ilmu Sosial dan Ilmu Politik 20, № 3 (2017): 236. http://dx.doi.org/10.22146/jsp.27208.
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The findings in this article defy the common assumption that the free market, including the formation of the ASEAN Economic Community (AEC) in Southeast Asia, is correlated with the creation of a spillover and complex interdependency, reducing conflicts between countries in the region. This finding could well contribute as a theory in the academic sphere and as policies in the practical world. The author uses a theoretical framework of structural realism to explain the potential conflict between countries of the Southeast Asian region. There are four potential conflict situations among countries in the implementation of AEC: firstly, the structure of economic disparity. This situation would construct an identity of in-group – out-group or “us” versus “them” in the context of who gains and loses in the AEC. Secondly, similarity of natural resources. This fact led the Southeast Asian countries to compete and create standardization wherein each party is in hostile competition to claim valid findings and arguments associated with efforts to reduce or stop the flow of imports into their respective countries. Thirdly, competition among businesses, in which AEC constructed free market could potentially provoke the emergence of regional trading cartel. Fourthly, the structure of military power. Historical records show that any economic growth occurring in a country will be accompanied by the growth of its military budget.
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Sa-ngiamwibool, Amporn, and Kittipol Wisaeng. "ASEAN Economic Community and its impacts: Opportunities, challenges, and implications for higher education." Problems and Perspectives in Management 19, no. 3 (2021): 247–60. http://dx.doi.org/10.21511/ppm.19(3).2021.21.
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The vision of the ASEAN Economic Community (AEC) envisaged as a global ASEAN has impacts on all sectors, including higher education (HE), a key driver to the goal. However, it is still debatable whether HE can achieve it. This study aimed to draw insights into its impacts with a focus on opportunities, challenges, and implications for HE. This study employed qualitative, comparative, interpretive, and in-depth analysis of documents. The findings revealed that the progress of AEC has a great impact on HE in three areas. Prospective opportunities comprise the services sector and internal cooperation and collaboration. The sector accounted for approximately 50% of the real output in 2018. The top three countries were Singapore (68.9%), Thailand (59.9%), and the Philippines (57.8%). However, a crucial challenge is an inequitable access to digital-driven education due to inequitable access to the Internet among member countries. The gaps of subscribers and cellular phones lie between 94.6 and 33.1 and between 180.2 and 51.9 respectively. Singapore, the regions’ best education and labor mobility destination, has the highest rates of subscribers (100) and cellular phone usage (88.2). For implications, policymakers should foster interconnectivity and digitalization through innovation-driven education. A feasible roadmap for strategic management is also proposed for AEC engagement.
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Kanaev, E. A. "Artificial Intelligence and Emerging Vulnerabilities in the ASEAN Economic Community 2025." Outlines of global transformations: politics, economics, law 18, no. 1 (2025): 18–34. https://doi.org/10.31249/kgt/2025.01.02.
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This paper analyzes the policy of the Association of Southeast Asian Nations (ASEAN) regarding the adaptation of artificial intelligence (AI) tools to its principal prospective project – the establishment of the ASEAN Economic Community (AEC). It examines the salient features of the ASEAN integration model, of which the AEC is a central component, traces the evolution of ASEAN’s digital initiatives, and assesses their outcomes. The paper outlines the AI-related policy directions pursued by the Association and its member states in synergy with the AEC’s development. Special attention is given to the vulnerability factors of the AEC in the context of its AI agenda. The author argues that the successful implementation of the AEC’s AI-related initiatives is impeded by the mutually reinforcing shortcomings of ASEAN’s digital and non-digital integration. This multiplier effect is further exacerbated by the rapid advancement of AI systems and technologies, as well as by ASEAN’s limited capacity to effectively formulate and implement an AI agenda amidst significant disparities in readiness among its member states. In the author’s view, ASEAN faces a strategic zugzwang: both accelerating the development of its AI agenda and deferring it are likely to increase the region’s dependence on extra-regional partners. The research is based on an interdisciplinary approach, incorporating general scientific, specialized scientific, and disciplinary methods. Given that this specific perspective has not been the subject of focused attention in Russian or international scholarship – and that related aspects have only been explored sporadically and in a fragmented manner – the article presents a clear contribution in terms of academic novelty, relevance, and practical significance.
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Mubasyaroh, Mubasyaroh. "DEVELOP QUALITY PEOPLE THROUGH DA’WAH IN THE FACE OF THE ASEAN ECONOMIC COMMUNITY (AEC)." ADDIN 10, no. 2 (2016): 449. http://dx.doi.org/10.21043/addin.v10i2.1785.
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Recent decades, we often hear the advent of the Asean Economic Community (AEC) which is a community that is struggling in the field of free market economies in particular, so it requires some readiness; economic, capital, and the equally important need readiness of human resources as the party who run the economy. For Indonesia alone, MEA will be an opportunity for trade barriers will tend to diminish even be non-existent. This will impact on increasing exports, which in turn will increase the GDP of Indonesia. On the other hand, the Muslims as the vast majority of Indonesia's population must face the Asean Economic Community (AEC). In this case Indonesian Muslims should be careful and ready to face the AEC. Campaigners Indonesian economy began to prepare for the era of free markets that will be enforced. The era of the free market itself is the result of the formation of the Asean Economic Community (AEC). The free market itself covering the areas of capital, goods and services, and labor. In this regard, please note that the mission is a process conducted by a conscious and planned to invite the people to the path of Allah, to improve the situation for the better (da’wah is the promotion and development) in order to achieve certain goals, namely to live happily in the world hereafter. In this paper will attempt to peel da’wah efforts in developing the quality of the people in the face of the Asean Economic Community (AEC).
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Daite, Richard. "The ASEAN Economic Community 2015 and Regional Trade: Some Prospects for ASEAN Agriculture." Asian Journal of Agriculture and Development 12, no. 2 (2015): 17–32. http://dx.doi.org/10.37801/ajad2015.12.2.2.
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The establishment of the ASEAN Economic Community 2015 (AEC) is seen as a bold effort to promote regional cooperation among the ASEAN member states. It covers not only the usual trade policy prescriptions of lowering tariffs and other trade barriers, but other policy measures to create a single market for unhampered flow of goods, services, investments, labor, and capital. With the ASEAN countries' extensive intra- and extra-regional trade in agricultural products, the AEC can help further facilitate trade under its first pillar of economic integration. There also remains greater prospects for cooperation on technology transfer, facilitating regional investments in agricultural industries, strengthening agricultural cooperatives, trade in services allied with modern agricultural sectors, and food and nutrition security.
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Darajati, Muhammad Rafi. "PENGATURAN HUKUM DI INDONESIA TERKAIT ASEAN COMPREHENSIVE INVESTMENT AGREEMENT DALAM RANGKA MENGHADAPI ASEAN ECONOMIC COMMUNITY." Riau Law Journal 4, no. 1 (2020): 1. http://dx.doi.org/10.30652/rlj.v4i1.7833.
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AbstrakSejak tahun 2016, negara-negara yang tergabung dalam ASEAN telah memasuki era baru dengan mulai berlakunya ASEAN Economic Community (AEC). Dalam rangka mewujudkan pasar bersama dan integrasi ekonomi dibuatlah suatu cetak biru yang berfungsi sebagai rencana induk yang koheren. Salah satu elemen yang tercantum dalam cetak biru tersebut adalah aliran bebas investasi. Tulisan ini akan memfokuskan mengenai bagaimana pengaturan hukum di Indonesia terkait kebebasan berinvestasi dalam rangka menghadapi AEC serta terkait juga dengan isu pengharmonisasian hukum mengenai investasi di wilayah ASEAN. Hasil tulisan ini menunjukkan bahwa hadirnya payung hukum dibidang investasi ASEAN yakni ASEAN Comprehensive Investment Agreement (ACIA) memberikan keuntungan bagi lingkungan investasi dan sektor bisnis. Terkait hal investasi, Indonesia sudah mempunyai UU No. 25 Tahun 2007 tentang Penanaman Modal yang telah menggambarkan bahwa Indonesia menerima kegiatan investasi dalam bentuk penanaman modal asing maupun dalam negeri.Kata kunci: Investasi, ASEAN, Harmonisasi hukum AbstractSince 2016, ASEAN countries have entered a new era with the entry into force of the ASEAN Economic Community (AEC). In order to realize a shared market and economic integration, a blueprint has been made. One of the elements listed in the blueprint is the free flow of investment. This paper will focus on how the legal arrangements in Indonesia related to freedom of investment in the context of facing the AEC and also related to the issue of legal harmonizing regarding investment in the ASEAN region. The results of this paper indicate that the presence of a legal framework in the ASEAN investment sector namely the ASEAN Comprehensive Investment Agreement (ACIA) provides benefits for the investment environment and the business sector. Related to investment, Indonesia already has Act No. 25 of 2007 concerning Investment which has illustrated that Indonesia receives investment activities in the form of foreign and domestic investment.Keyword: Investment, ASEAN, legal harmonization
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Adhariani, Desi. "The influence of the ASEAN economic community on the future of the management accounting profession." Meditari Accountancy Research 28, no. 4 (2020): 587–611. http://dx.doi.org/10.1108/medar-04-2019-0476.
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Purpose The purpose of this paper is to explore the perceptions of Indonesian management accountants (MAs) regarding the Association of South East Asian Nations (ASEAN) – ASEAN economic community (AEC), an integration initiative in Southeast Asia, and its impact on their profession. More specifically, this study presents the perceptions on Indonesian MAs’ capabilities for facing challenges and opportunities in the AEC era, as well as identifies skills needed and training or development programmes that could support the achievement of qualification standards. Design/methodology/approach A survey was distributed and administered by using a convenience sampling method, resulting in 191 valid responses. The respondents’ answers were then analysed quantitatively using the descriptive and regression analysis. Findings It was revealed that the top skills needed in the AEC era, as identified by respondents, are soft skills, technical accounting capabilities and language skills. Language capabilities and soft skills were deemed as the most lacking, and training in these areas is considered important. Skill and knowledge upgrades are needed to reap the benefits of the opportunities offered by AEC to Indonesian businesses, especially among professional accountants who will join a bigger market not limited by borders. Research limitations/implications Findings from this study can guide executives and national leaders in developing the capacity and capability of Indonesian MAs to face competition in the ASEAN region. Originality/value Although research on the AEC has been conducted in previous studies, analysis of the impact on the MA cohort has not been much explored, which creates the research gap this study wishes to fill.
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Nico Hanna Lumanauw, Erick Risky. "CONTEMPORARY ISSUES ON ASEAN LIBERALIZATION OF LEGAL SERVICE FROM INDONESIA PERSPECTIVE." Transnational Business Law Journal 1, no. 2 (2020): 148–51. http://dx.doi.org/10.23920/transbuslj.v1i2.369.
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Kuala Lumpur meeting in 1997 has established and concepted three pillars in ASEAN known as ASEAN Economic Community (AEC), ASEAN Security Community (ASC), and ASEAN Socio-Cultural Community (ASCC). AEC has been established based on ASEAN Economic Blueprint 2015, to reach the target of ASEAN Vision 2020 targets, ASEAN member states made several cooperation agreements such as Preferential Trade Agreement (PTA), ASEAN Free Trade Area (AFTA), ASEAN Framework Agreement on Services (AFAS), ASEAN Investment Area (AIA 1998), and etc. Related to AEC nowadays, massive investment occurred in the ASEAN region, economic growth reached 5% in this region. There's various kinds of bussiness development of the services sector, mainly in legal service, in facing globalization and liberalization of business movement after Free Trade Agreement comes into force in ASEAN. The differences of the governmental system, geographical condition, and the divergence of jurisdiction also reflecting in the ASEAN Countries to regulate each national law regulation. This paper explain the comparison existing ten ASEAN countries national legislation, government decree relating to the liberalization of national legal services in each country. This research was expecting to help Indonesian government re-evaluate the Authorities and regulation related in modern business sector development, in result from the demand of capable attorneys by endorsing foreign lawyers to get practices in Indonesia to transfer knowledge to local attorneys.
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Kanaev, E. A., S. M. Akhmanaeva, and E. A. Vaseneva. "Achieving the Vision of the ASEAN Economic Community-2025: The Role of ASEAN Business Advisory Council." South East Asia: Actual problems of Development, no. 1(46) (2020): 13–28. http://dx.doi.org/10.31696/2072-8271-2020-1-1-46-013-028.
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The paper analyses the role of ASEAN Business Advisory Council (ABAC) in stimulating transnational commercial exchanges in Southeast Asia as part of the establishment of the ASEAN Economic Community-2025. In like with this analytical focus, the authors start from revealing the specificity of the ASEAN Economic Community as a multilateral project tracing it from AEC-2015 to AEC-2025. The article argues that the role of the ABAC remains and will be defined by the overall evolution of ASEAN’s modality of cooperation reflecting its potential and limitations.
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Delanova, Mariane. "STRATEGI PENGEMBANGAN INDUSTRI KREATIF BANDUNG OLEH PEMERINTAH KOTA BANDUNG DALAM MENGANTISIPASI IMPLEMENTASI ASEAN FREE TRADE AREA DAN ASEAN ECONOMIC COMMUNITY." Jurnal Dinamika Global 4, no. 01 (2019): 66–122. http://dx.doi.org/10.36859/jdg.v4i01.101.
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ASEAN Free Trade Area (AFTA) and ASEAN Economic Community (AEC) has been implemented since 2015. It means ASEAN make a step into a new era, called free trade era, which is reducing all trade barriers, include tariff and non tarrif barriers. ASEAN has a vision, by implementing AFTA and EAC, to make Southeast Asia region can improve its economic sector, also improving economic sector of its member states, and so Indonesia.
 This research focuses on the strategic of Pemerintah Kota Bandung (The Local Government of Bandung City) to develop and improve the creative industres of Bandung City, especially in the era of AFTA and AEC. Also this research will explore the obstacles of creative industries of Bandung City in the era of AFTA and AEC. Creative industres of Bandung City have to reach the benefit from the implementing of AFTA and AEC, so creative industries of Bandung City will contribute to Indonesia�s national income, especially increasing Bandung City�s income.
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Sirait, Yohanes Hermanto, and Ai Permatasari. "Regulation on Foreign Workers and Principle of Non – Discrimination in ASEAN Economic Community (AEC) based upon Nationality." UIR Law Review 2, no. 1 (2018): 223–34. http://dx.doi.org/10.25299/uirlrev.2018.2.01.1299.
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Abstrak
 Setiap Negara wajib menjamin ketersediaan pekerjaan bagi warga negaranya sehingga prioritas pekerja lokal utamanya dilakukan. Meskipun demikian, dengan disahkannya Masyarakat Ekonomi ASEAN (AEC) di awal tahun 2016 in ASEAN, setiap Negara anggota terikat untuk membuka kesempatan bagi tenaga kerja asing untuk bekerja di seluruh Negara anggota ASEAN. Kesepakatan ini dapat saja membawa pada suatu benturan antara kebiajakan nasional yang harus mengutamakan tenaga kerja lokal dengan kewajiban arus bebeas tenaga kerja di ASEAN, khususnya pekerjaan yang diatur dalam Mutual Recognition Arrangements (MRAs). Tulisan ini bertujuan untuk mengkaji peraturan mengenai tenaga kerja asing dan implementasi prinsip non-diskriminasi berdasarkan kebangsaan di AEC. Penelitian ini tentunya berkaitan dengan peran Negara dalam menjamin stabilitas tenaga kerja asing dan kesuksesan dari AEC. Pada akhirnya, tulisan ini mendorong setiap Negara anggota ASEAN untuk melakukan harmonisasi guna membuat suatu standar baru bagi tenaga kerja asing berdasarkan MRAs.
 Kata kunci: Masyarakat Ekonomi ASEAN; Tenaga Kerja Asing; Kebangsaan; Prinsip Non-Diskriminasi
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Yoshimatsu, Hidetaka. "Material Interests and Social Norms: Regional Economic Integration in Southeast Asia." International Studies Review 6, no. 2 (2005): 65–84. http://dx.doi.org/10.1163/2667078x-00602004.
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Ever since the early 1990s, the members of the Association of Southeast Asian Nations (ASEAN) have deepened regional economic integration, advancing the main programs from the creation of an ASEAN Free Trade Area (AFTA) to the formation of the ASEAN Economic Community (AEC). This article identifies underpinning factors that have qualified ASEAN's such efforts for regional economic integration. In particular, it highlights the evolving perception of material interests due to external environments and socially shared norms as factors influencing ASEAN's efforts to promote economic integration. I argue that external threats deriving from moves towards stronger regionalism in other parts of the world or the rapid economic growth of the neighboring countries induced ASEAN members to strengthen their own regional economic cohesion. In addition, ASEAN's particular set of norms, such as consensus-building, flexible incrementalism, and informality, were effective in drawing willingness from members with diverse differences to participate in cooperative programs. However, in the process of shifting from AFT A to the AEC, ASEAN members reconsidered some of these norms by adopting more formal implementation methods, including stronger dispute settlement mechanisms.
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Nguyen, Hien Thi Diem. "Some issues to Vietnam’s commercial banks upon Vietnam’s accession to ASEAN economic Community." Science and Technology Development Journal 19, no. 1 (2016): 71–87. http://dx.doi.org/10.32508/stdj.v19i1.529.
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On November 22, 2015, ASEAN leaders signed Kuala Lumpur Declaration on the establishment of ASEAN Economic Community (AEC), to which ten ASEAN member countries would form a market of approximately 630 people since January 1, 2016. Vietnam’s enterprises in general and commercial banks in particular are expected to face both opportunities and challenges when the banking sector will be fully open and all barriers, subsidies will be removed until 2020. The paper is to analyze the performance of Vietnam’s commercial banks in comparison with those of other AEC countries’ on economic and financial criteria, thereby proposing some suggestion so as to enhance the competitiveness of Vietnam’s commercial banks.
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Sari Dewi, Retno, Surjanti Surjanti, Widowati Widowati, Bambang Slamet Eko S, and Erly Pangestuti. "The Role of Mediators in ASEAN Trade Disputes in Consumer Protection Law Perspective." Proceedings of the International Seminar on Business, Education and Science 1 (October 18, 2022): 241–51. http://dx.doi.org/10.29407/int.v1i1.2648.
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The presence of the AEC (ASEAN Economic Community) is an integration of countries in the Southeast Asian region in particular, which aims to reduce the gap between ASEAN countries in terms of economic growth. This has led to increased competition between ASEAN countries in terms of products and services which led to disputes. The role of the mediator is very important to resolve consumer disputes. This paper discusses the role of the mediator in terms of the perspective of consumer protection law.
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Itang, Itang. "PETA KEKUTAN EKONOMI SYARIAH DALAM MENGHADAPI MASYARAKAT EKONOMI ASEAN (MEA)." ALQALAM 32, no. 2 (2015): 331. http://dx.doi.org/10.32678/alqalam.v32i2.1393.
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This paper examines the economic power of sharia that is not only able to survive but also can grow in the free market zone in Southeast Asia (ASEAN Economic Community (AEC)). The Islamic economic strength in Indonesia can be based on several reasons namely: 1). Muslim population. As the country with the largest Muslim population of about (87-90%), Indonesia should be the pioneer and the great power of Islamic finance in the world 2). Inherent Islamic doctrine and human resources. 3). Regulation of Islamic Economics as a tool that can legalize all policies the implementation of Islamic Economics. 4). Actors of Islamic Economics that come from various backgrounds such as practitioners, academics and customers. 5). Islamic Financial Industry Development. According to the data from Bank Indonesia in October 2013, there are 11 Islamic Banks, 23 Islamic Banks in the form of Sharia Business Unit , and 160 small sharia banks that distribute the fund for the people. Islamic banking assets currently has reached Rp. 228 trillions. The development of Islamic financial institutions does not only reach Islamic banks but also Islamic non banks such as insurance and pawnshop. Therefore we are optimistic that sharia economy can grow in ASEAN Economic Community (AEC).Key word: sharia economy , islamic finance, AEC , ASEAN ,