The ASEAN Integration Report (AIR) 2015 provides a comprehensive analysis of the progress and achievements, including evaluating the impact, of implementation of the ASEAN Economic Community (AEC) Blueprint since its adoption in 2007.
What is ASEAN integration all about?
ASEAN economic integration is the economic integration as a development strategy. The goal was to participate in the global supply chain and measures to achieve that goal were attracting foreign capital and concluding FTAs with countries outside the region.
What is the main goal of ASEAN 2015?
The ASEAN Declaration states that the aims and purposes of the Association are: (1) to accelerate economic growth, social progress and cultural development in the region and (2) to promote regional peace and stability through abiding respect for justice and the rule of law in the relationship among countries in the …
What is the benefits of ASEAN integration?
Facilitate the movement of goods, services, investments, capital, and skills. Increase trade (goods and services) and investment among Member States. Promote and expand regional production sharing and network. Promote higher level of transparency and predictability.
What are the features of the ASEAN 2015?
Apart from expanding its membership, ASEAN has evolved to embrace an ambitious economic agenda. Its latest project is to establish an ASEAN Community by 31 December, 2015, consisting of three components: Economic, Political-Security, and Social Cultural.
Why is integration important?
Integration ensures that all systems work together and in harmony to increase productivity and data consistency. In addition, it aims to resolve the complexity associated with increased communication between systems, since they provide a reduction in the impacts of changes that these systems may have.
How does ASEAN integration affect you as a student?
The socio-cultural aspect concentrates on developing regional identity, raising quality of life, and promoting Southeast Asian studies. It also promotes accessibility to education, life-long education, and the goals of “Education for All” initiative.
How does the ASEAN integration help in the growth of our local firms?
In essence, the ASEAN integration was made with the intention to promote economic growth by expanding markets and fostering better foreign relations. The integration is a unification of the participating countries’ markets which makes trading and working in the member countries easier.
What is ASEAN and why it is important for Southeast Asia?
ASEAN was established in August 1967 with the purpose of accelerating the economic growth, social progress, and cultural development in the region, and promoting regional peace and stability.
What is ASEAN integration and globalization?
The establishment of ASEAN (Association of Southeast Asian Nations) as one of the most highly-integrated regional organizations is the reflection of the process of globalization. This high integration is characterized by international cooperation in economic, social and political policies.
Why is ASEAN integration important to the Philippines?
With the full integration of the ASEAN countries, investments, services, job skills and a free market would enable the Philippines to have economic prosperity and the benefits will eventually trickle down to the citizens’ benefit. … Cooperation is the key ingredient to make ASEAN a success.
How will ASEAN integration affect the Philippines?
ASEAN contributes to the advancement of the Philippines as a whole. … Each step taken with ASEAN is another step taken closer to a better and stabler economy. Be it travel, goods and services, education and work opportunities — the Philippines is getting closer to tapping into its great potential.
How do ASEAN integration promotes global education?
Aside from being a powerful driver of social and economic development, education has the potential to raise ASEAN awareness and foster a regional identity. ASEAN supports global and regional commitments in education by promoting lifelong learning underpinned by the principles of equity, inclusion and quality.
What is ASEAN Integration 2015 Philippines education?
The ASEAN Integration 2015 compels member countries to align and harmonize their educational system with each other.
How does ASEAN 2015 affect the market competition?
In 2015, the ASEAN Economic Community (AEC) came into effect, establishing a common market that dramatically reduced tariffs and non-tariff barriers across ASEAN member countries. This resulted in the freer movement of goods, services, investment, skilled labor and capital.