How can ASEAN and Japan mutually benefit from ASEAN economic integration?

Hitoshi. Satō
Authors registered in the RePEc Author Service: Hitoshi Sato

ILO Working Papers from International Labour Organization

Abstract: This paper reviews the evolution of the economic and political relationship between the Association of Southeast Asian Nations (ASEAN) Member States and Japan since the 1970s, from the perspectives of trade in goods and services, foreign direct investment (FDI) and international labour movements. ASEAN economic integration is likely to yield mutual benefits for both ASEAN Member States and Japan. The larger ASEAN market will not only attract new Japanese FDI but also encourage Japanese multinational enterprises to relocate their affiliates, enhancing the agglomeration effect and productivity in the new host economy’s. To fully realize these gains, approrpirate monitoring of the integration process is important. Some extensions of the ASEAN Economic Community deserve consideration to enhance the effect of integration. They include further liberalization in services trade and FDI, arrangements on government procurement and expansion of the scope of international labour movements.

Keywords: economic integration.; regional cooperation; foreign investment.; productivity.; wages; human resources development.; labour migration; trend; intégration économique; coopération régionale; investissement étranger; productivité; salaire; développement des ressources humaines; migrations de main-d'oeuvre; tendance; integración económica; cooperación regional; inversiones extranjeras; productividad; salario; desarrollo de los recursos humanos; migraciones laborales; tendencia (search for similar items in EconPapers)
Pages: 38 pages
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in ILO Asia-Pacific working paper series

Downloads: (external link)
http://www.ilo.org/public/libdoc/ilo/2014/486388.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:ilo:ilowps:994863883402676

Access Statistics for this paper

More papers in ILO Working Papers from International Labour Organization Contact information at EDIRC.
Bibliographic data for series maintained by Vesa Sivunen ().