Reconstructing the Concept of "Single Market and Production Base" for ASEAN beyond 2015
Fukunari Kimura ()
No DP-2013-25, Working Papers from Economic Research Institute for ASEAN and East Asia (ERIA)
This paper examines the true meaning of the key word of ASEAN economic integration “single market and production base.” Heading for “single market” is a right direction to go, but “single market” cannot literally be achieved with two-dimensional development gaps: geographical and industrial. The paper claims that “single or integrated production base” should be prioritized to narrow the development gaps and direct ASEAN toward “single market.”
Keywords: economic integration; price equalization; factor mobility; development gaps; the 2nd unbundling (search for similar items in EconPapers)
JEL-codes: F15 O47 R12 (search for similar items in EconPapers)
Pages: 27 pages.
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Persistent link: https://EconPapers.repec.org/RePEc:era:wpaper:dp-2013-25
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