AIA, AFTA and Domestic Private Investment: Evidence from Malaysia

Tajul Masron () and Abu Hassan Shaari Mohd Nor ()
Additional contact information
Tajul Masron: School of Management Universiti Sains Malaysia 11800 Pulau Pinang MALAYSIA
Abu Hassan Shaari Mohd Nor: Pusat Pengajian Ekonomi Fakulti Ekonomi dan Pengurusan Universiti Kebangsaan Malaysia 43600 Bangi Selangor MALAYSIA

Jurnal Ekonomi Malaysia, 2012, vol. 46, issue 2, 93-99

Abstract: The ASEAN Free Trade Area (AFTA) was proposed in 1992 and followed by the introduction of the ASEAN Investment Area (AIA) in 1998. Both are meant to promote regional economic prosperity through improvements in regional trade and investment. Unfortunately, to date, there is no clear sign that either AFTA or the AIA can really trigger regional economic activity and, therefore, spur regional economic development. The main point often neglected in literature concerning the implications of AFTA and AIA on regional economic development is the role and development of domestic private investment (DPI). In other words, AFTA and AIA will only result in positive and sustainable economic impacts on regional economic development if such developments followed or supported by the development of domestic private investment in each ASEAN member country. Hence, this study aims to investigate the implication of AFTA and AIA on Malaysian DPI.

Keywords: AFTA; AIA; Domestic Private Investment (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.ukm.my/jem/wp-content/uploads/2021/06/jeko_462-8.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ukm:jlekon:v:46:y:2012:i:2:p:93-99

Access Statistics for this article

More articles in Jurnal Ekonomi Malaysia from Faculty of Economics and Business, Universiti Kebangsaan Malaysia Contact information at EDIRC.
Bibliographic data for series maintained by Muhammad Asri Abd Ghani ().