Skip to main content Accessibility help
×
Hostname: page-component-78c5997874-ndw9j Total loading time: 0 Render date: 2024-11-18T10:49:56.665Z Has data issue: false hasContentIssue false

6 - Conclusion: Issues and Challenges

Published online by Cambridge University Press:  21 October 2015

Get access

Summary

This chapter will be divided into two parts; issues and challenges relating to ASEAN and those relating to Myanmar's accession to ASEAN.

ISSUES AND CHALLENGES RELATING TO ASEAN

As mentioned in previous sections, ASEAN has had more success in political than in economic cooperation while functional cooperation has become the weakest link. There has been relative peace and stability in the region since 1967 when ASEAN was established. Its credibility is firmly established in international forums. Its economic cooperation in terms of intra-ASEAN total trade as a percentage of its total trade with the world increased from 17 per cent in 1990 to 22.3 per cent in 1996 and 23.2 in 2000, but it fell to 21.2 per cent in 2001 (Table 7). As far as ASEAN's inward FDI is concerned, in the period between 1992 and 1997, it more than doubled — from US$12 to US$26 billion. However, compared with similar free trade areas such as EU, NAFTA and MERCOSUR, ASEAN lags far behind in both political and economic cooperation (Table 2.4). It is also important to note that integration has been slow as it took ASEAN 25 years to agree to establish a free trade area.

Extra-ASEAN trade has been more successful than intra-ASEAN trade since the APEC countries continue to be the most significant trading partners of ASEAN.

Externally, “(b)uilding on its economic and political achievements, ASEAN had considerable success in engaging major powers through sub-groupings as the Asia Pacific Cooperation (APEC), the ASEAN Regional Forum (ARF) and the Asia-Europe Meeting (ASEM)” (Tay 1999, p. 5). Many analysts attributed this success and that of ASEAN enlargement to the pursuit of an “ASEAN Way”. The ASEAN Way has emphasized, among other things, “the norm of non-interference in other states’ affairs, preferred consensus and non-binding plans to treaties and legalistic rules, and relied on national institutions and actions, rather than creating a strong central bureaucracy” (ibid., p. 5).

Institutionally, because of this ASEAN Way, especially the norm of noninterference and aversion to a strong bureaucracy, ASEAN, in fact, was more an association than an institution. It was only after 1992 with the Singapore Declaration and the establishment of AFTA that ASEAN introduced greater coordination and institutionalization.

Type
Chapter
Information
Myanmar in ASEAN
Regional Cooperation Experience
, pp. 121 - 126
Publisher: ISEAS–Yusof Ishak Institute
Print publication year: 2005

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×