This paper applies Export Similarity Index to examine China’s export potential to ASEAN market by comparing China with six main ASEAN member countries (ASEAN 6) and the other main trade partners of ASEAN. It shows that competition is severe on industrial level in ASEAN market, and the bilateral trade potential is uncertain. While accounting for the factors of size, distance and integration etc....

I t seems to be an exciting moment for the ASEAN countries to enter the era of the ASEAN Community. For the ASEAN 600 million people (8.6% of the World population), this regional initiative is expected to bring about economic prosperity and development in socio-cultural well-being of the people. However, development policies do not always complement one another as we promote economic growth and...

Poverty alleviation lies at the very core of a strong and resilient ASEAN SocioCultural Community (ASCC). ASEAN Member Countries therefore strive, individually and collectively, to address the fundamental issue of poverty in the region. Embedded in the VAP 2004-2010, the ASCC Plan of Action sets the goal of building an ASEAN community of caring societies through among others accelerating the go...

The tourism sector, which has high inter-industry and cross-country linkages, is well suited to be the leading sector to accelerate regional economic growth and integration. International and domestic tourism are leading economic activities in the world today. Tourism has been known to generate goods and services directly and indirectly, attract foreign currency, stimulate employment, and provi...

Without a perception of a common threat from China and in the presence of the continuing tensions and disputes among ASEAN countries, intra-ASEAN defense cooperation remains limited. Over the past decade, all ASEAN decisions related to defense expenditures, weapon acquisitions, and force modernization have been made on a national basis without intra-ASEAN coordination, reflecting ASEAN interest...

Solar water heating (SWH) systems are gaining popularity in ASEAN in the midst of increasing number of affluent population in society and environmental concerns from seemingly unchanged reliance on fossil-based fuels. The penetration of these systems and technologies into ASEAN markets is a welcome development; however there is a need for the method of assessment of their thermal performances. ...

This research uses 10-year (2004-2013) publication and citation data related to plant biotechnology to assess the research performance, impact, and collaboration of member states of the ASEAN in plant biotechnology. Findings indicate increased scientific output of ASEAN countries in plant biotechnology as well as increased research collaborations by individual member states and with internation...

a r t i c l e i n f o JEL classification: O43 O16 E44 E31 Keywords: Banking sector Stock market Economic growth Granger causality ASEAN countries This paper examines the relationship between banking sector development, stock market development, economic growth, and four other macroeconomic variables in ASEAN countries for the period 1961–2012. Using principal component analysis for the construc...

The Association of Southeast Asian Nations (ASEAN) is highly diverse. It is also divided. The most striking example is the development divide that separates ASEAN’s newer members of Cambodia, the Lao People’s Democratic Republic, Myanmar, and Viet Nam—the CLMV countries—from the organization’s original members, or ASEAN-6. More rapid growth in Cambodia, Lao People’s Democratic Republic, and Vie...

In similar fashion to western countries, ASEAN countries are also gearing up towards deregulation. Despite potentially different motivating drivers, the ultimate objectives are free market competition leading to efficient pricing signals as well as providing customers with the freedom to choose their electricity provider and benefit from competitive prices. This paper provides an ASEAN electric...