Tag Archives | ASEAN
Energy, Environment, Governance, Infrastructure

Propelling ASEAN towards clean coal technology

Propelling ASEAN towards clean coal technology
Coal, the most abundant and reliable energy resource, will continue to be the dominant energy source in power generation to meet the fast-growing electricity demand in the emerging economies of the Association of Southeast Asian Nations (ASEAN). The share of coal use in power generation was 32% in 2015, and this is projected to increase to 42% by 2040. Read more.

Economics, Energy, Environment, Governance, Infrastructure

Electrifying emerging ASEAN through off-grid distributed renewable energy systems

Electrifying emerging ASEAN through off-grid distributed renewable energy systems
Some 134 million people in the Association of Southeast Asian Nations (ASEAN) region do not have access to electricity (IEA and ERIA, 2013). At the end of 2015, the ASEAN Community declared that the lack of power and energy access could threaten the region’s economic growth and its economic transition. Read more.

Regional Cooperation, Trade

TPP and RCEP – friends not foes

TPP and RCEP – friends not foes
Talks just concluded in Auckland, New Zealand on Saturday show that plans for the Regional Comprehensive Economic Partnership (RCEP) are advancing. Just as both Hillary Clinton and Donald Trump, the next potential leaders of the Trans-Pacific Partnership’s (TPP) biggest partner—the US—have distanced themselves from the agreement. Some even suggest that the US Congress won’t ratify the TPP agreement, and warn that the world economy risks US isolationism. Read more.

Economics

Structural reforms to sustain Asia’s growth

Structural reforms to sustain Asia's growth
Economic growth in both developing and advanced economies has slowed since the global financial crisis. Developing Asia’s growth also moderated after the crisis, to a large extent driven by the slowdown in the People’s Republic of China (PRC). The region’s economy expanded on average 7.6% annually during 2001–2010, but growth slowed to an annual average of 6.5% during 2011–2015. ADB is projecting further deceleration to 5.7% in each 2016 and 2017. Read more.

Regional Cooperation, Trade

RCEP – a life raft for trade liberalization in Asia

RCEP - a life raft for trade liberalization in Asia
There seems to be a pushback against trade agreements in the post global financial crisis era. The Trans-Pacific Partnership (TPP) was signed in early 2016, but US presidential candidates have spared no effort criticizing it so near-term ratification is highly uncertain. The WTO Doha Round is in the deep freeze after 14 years of negotiations. Unilateral trade liberalization has virtually come to a standstill. Read more.

Finance

4 ways to boost SME access to finance from commercial banks in ASEAN

Seamstresses working for a small garment-making business in Indonesia
Concerns about moderating economic growth and rising income inequality in ASEAN economies have brought small and medium-sized enterprises (SMEs) into the policy limelight. Arguing that SMEs have significant potential for creating jobs, some commentators are suggesting a host of industrial policies such as financial subsidies and local content rules to promote SMEs. However, government failure may result from heavy-handed state intervention for SMEs. Read more.

Public-Private Partnership

PPPs in ASEAN: Why I’m excited, and how to keep the momentum

PPPs in ASEAN: Why I’m excited, and how to keep the momentum
Discussions I’ve had around public-private partnerships (PPPs) in Asia have typically focused on India and the PRC because of their strong deal volumes. Having listened to and interacted with agencies in several ASEAN countries, I believe ASEAN is at an inflection point that could soon make it the bustling PPP market ADB has long been working toward. Read more.

Regional Cooperation, Trade

AEC is due—but what about institutions?

AEC is due—but what about institutions
A pressing policy question facing Association of Southeast Asian Nations (ASEAN) leaders at their summit in April 2015 and beyond is whether the ASEAN Economic Community (AEC) can be sustained without more effective institutions. This article explores the link between achieving the AEC agenda and institutional effectiveness. To remedy the implementation gridlock, it proposes reforms to the leadership and the technical level of ASEAN bodies, prioritization of new institutions, an effective monitoring mechanism, and an empowered ASEAN Secretariat. Read more.

Economics

ASEAN Economic Community 2015: What is next?

ASEAN Economic Community 2015
In 2007, the 10-member Association of Southeast Asian Nations (ASEAN) bloc adopted the goal of creating an integrated economic region—termed the ASEAN Economic Community (AEC)—by December 2015. However, concerns have been expressed that the regional integration project’s 2015 deadline will be missed due to an overly ambitious timeline and too many ill-thought-out initiatives. With the AEC deadline looming, this article critically assesses the progress that has been made, charts some of the main challenges, and suggests the next steps for the AEC. Read more.