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E-raamat: Foundation of the ASEAN Economic Community: An Institutional and Legal Profile

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"ASEAN has undertaken the complex task of creating a single economic entity for Southeast Asia by 2015 in the form of the ASEAN Economic Community (AEC), but without regulators or supranational institutions, its implementation has been an inconsistent process. Through comparisons with the EU and NAFTA, this book illustrates the shortcomings of the current system, enabling readers to understand both the potential of regional economic development in ASEAN and its foundational and institutional deficiencies. The authors' analysis of trade in goods and services, investment, and dispute resolution in the AEC indicates that without strong regional institutions, strong dispute resolution or a set of norms, full and effective implementation of the AEC is unlikely to result. The book offers clear solutions for the ASEAN institutions to help the AEC reach its full potential. Written by two leading practitioners, this insightful book will interest policymakers, students and researchers"--

Muu info

A comprehensive review and analysis of the ASEAN Economic Community's legal and institutional foundations, insightful to policymakers, practitioners, and businesses.
List of figures
ix
List of tables
x
General editors' preface xi
1 Introduction
1(18)
1.1 Single market and single production base: prioritizing
2(5)
1.2 Matching the institutional tools to the AEC goals
7(12)
2 Overview of ASEAN
19(17)
2.1 Back to the origin: the foundations of ASEAN
19(5)
2.2 ASEAN Charter
24(3)
2.3 ASEAN economic agreements
27(9)
2.3.1 ATIGA
27(2)
2.3.2 ACIA
29(2)
2.3.3 AFAS
31(2)
2.3.4 EDSM
33(3)
3 Critical nexuses of law and policy
36(109)
3.1 The ASEAN Charter and ASEAN institutions
37(5)
3.2 The accompanying instruments to implement the ASEAN Charter
42(15)
3.2.1 Rule of law and role of law
43(3)
3.2.2 ASEAN Economic Community Blueprint
46(3)
3.2.3 ASEAN Economic Community Scorecard
49(8)
3.3 From AFTA to ATIGA
57(64)
3.3.1 AFTA
58(2)
3.3.2 ATIGA
60(61)
3.4 ACIA
121(3)
3.5 AFAS
124(5)
3.6 Dispute settlement
129(8)
3.7 Other policy areas affecting the AEC
137(8)
4 Improving ASEAN's institutional tools
145(45)
4.1 Status quo
146(5)
4.2 Administrative reform of the institutions
151(6)
4.3 Better implementation of agreements and rules
157(19)
4.3.1 Develop indigenous ASEAN law
157(5)
4.3.2 Develop hierarchy of legal norms
162(4)
4.3.3 Improved dispute resolution
166(3)
4.3.4 Private sector right of action
169(5)
4.3.5 Improved feedback and consultation
174(2)
4.4 A reviewed and revised ASEAN Charter
176(6)
4.5 Improved financial support for the ASEAN institutions
182(3)
4.6 Greater powers for another ASEAN entity
185(5)
4.6.1 Ombudsman/public advocate
185(1)
4.6.2 Permanent eminent persons group (EPG)
186(1)
4.6.3 Economic support institute
187(3)
5 Conclusions
190(7)
Executive summary 197(4)
Appendices 201(338)
Index 539
Stefano Inama is a Chief and trade lawyer at UNCTAD. He has been responsible for the preferences and trade laws section in UNCTAD and Coordinator of UNCTAD commercial diplomacy program. He has also provided trade policy advice for the last twenty years to Governments during the WTO negotiations and the implementation aspects of WTO agreements, as well as during negotiations of Free Trade Agreements such as the ASEAN-China, EU-South Africa, SADC and the Tripartite Free Trade area as well as FTA negotiations of Latin American and Caribbean countries with the EU. He is the author of Rules of Origin in International Trade (Cambridge University Press, 2009). Edmund W. Sim is a partner at Appleton Luff, Singapore and an Adjunct Associate Professor at National University of Singapore Law School, where he created the world's first course on ASEAN Economic Community (AEC) law. He has participated in more than 200 trade remedy proceedings and has advised government ministries on antidumping and countervailing duty laws, rules of origin, free trade agreements, and investment laws and their consistency with the WTO agreements.