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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)

Abstract: 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.
Date: 2013-10
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