Hostname: page-component-78c5997874-fbnjt Total loading time: 0 Render date: 2024-11-15T13:02:10.694Z Has data issue: false hasContentIssue false
  • English
  • Français

Asean and EC-1992

Published online by Cambridge University Press:  26 March 2020

Jacques Pelkmans
Jacques Pelkmans*
Affiliation:
Centre for European Policy Studies, Brussels
Get access Rights & Permissions [Opens in a new window]

Extract

ASEAN, the Association of South East Asian Nations, comprises the fastest growing countries of the world economy. Apart from including the only NIE (newly industrialising economy), not having encountered domestic political or social growth constraints—Singapore, with 11 per cent real growth in 1988, 9.2 per cent in 1989 and 10 per cent, first quarter 1990—it consists of recent record holder Thailand (with growth rates above 10 per cent for three years), Malaysia (growth in the 7 per cent—9 per cent range), Indonesia (recent growth 6–7 per cent), Philippines (oscillating growth due to internal instability) and Brunei (an oil-exporting sultanate). The ASEAN countries do not owe their growth to the integration of ASEAN countries into a free trade area, a customs union or a common market. Intra-group trade liberalisation and economic cooperation are still modest. These growth marvels owe their performance to exports, especially to the OECD countries. The quality and very high growth rates of exports were and still are fostered by foreign investment and imports of intermediate inputs from the target markets.

Type
Articles
Information
National Institute Economic Review , Volume 134 , November 1990 , pp. 99 - 109
Copyright
Copyright © 1990 National Institute of Economic and Social Research

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.)

Footnotes

This paper examines the effects of the European Community's 1992 programme for completing the internal market on economic relationships with the ASEAN countries. These relationships involve not just trade in goods but trade in services, such as air transport and very importantly, investment. Although there may be problems in some sectors the analysis concludes that the likely growth of the EC and the very rapid growth of ASEAN both as a market and a producer will ensure a favourable impact all round. Even integration with Eastern Europe is unlikely to alter that picture.

References

Balassa, B., (1977), ‘Effects of commercial policy on international trade, the location of production and factor movements’, in, Ohlin, B. et al, ed 5, The International Allocation of Economic Activity, London, Macmillan.CrossRefGoogle Scholar
Beuter, R. and Pelkmans, J. (1989), ‘The external dimension of the internal market, a survey’, paper presented to EC-ASEAN conference on 1992, Kaula Lumpur, July.Google Scholar
Davenport, M. (1988), ‘EC trade barriers to tropical agricultural products’, ODI Working Paper, 27, London, Overseas Development Institute.Google Scholar
Davenport, M. and Page, S., (1989) ‘Regional trading agreements: the impact of the implementation of the single European market on developing countries’, Report to UNCTAD, London, ODI.Google Scholar
EC, (1988), ‘The economics of 1992’, European Economy, no. 35, March.Google Scholar
Hiemenz, U. (1988), ‘Expansion of ASEAN-EC trade in manufactures: pertinent issues and recent developments’, The Developing Economies, vol. 26,4 (Dec.)CrossRefGoogle Scholar
Kol, J. (1989), ‘The EC after 1992 and the developing countries’, (in Dutch) Economisch-Statistische Berichten, 26 July.Google Scholar
Langhammer, R. (1989), ‘The EC internal market and ASEAN-EC trade in services’, in Wagner, N., ed, ASEAN and the EC, the Impact of 1992, Singapore, ISEAS, (forthcoming).Google Scholar
Matthews, A. and McAleese, D. (1989), ‘LDC primary exports to the EC: prospects post 1992’, paper for The Hague conference of Dutch Ministry of Foreign Affairs, October.CrossRefGoogle Scholar
McAleese, D. (1990), ‘The EC internal market programme: implications for the external trade’, in Wagner, N., ed ASEAN and the EC, the Impact of 1992, Singapore, ISEAS, (forthcoming).Google Scholar
Nieva, C. and Faigal, G., (1988), ‘Processed agrictultural products: issues for negotiation between ASEAN and the EC’, in Langhammer, R., and Rieger, H.C., eds, ASEAN and the EC, Trade in Tropical Agricultural Products, Singapore, ISEAS.Google Scholar
Page, S. (1990), ‘Some implications of Europe 1992 for developing countries’, Paper presented at the OECD Development Centre, Paris, June.Google Scholar
Pelkmans, J. (1990), ‘Completing the EC internal market: an update and problems ahead’, in Wagner, N., ed, ASEAN and the EC, the Impact of 1992, Singapore, ISEAS (forthcoming).Google Scholar
Schmitt-Rink, G. and Lilienbecker, T., (1990), ‘An analysis of EC-ASEAN trade in textiles and electronics, 1980-8, in: Wagner, N., ed, ASEAN and the EC, the Impact of 1992, Singapore, ISEAS (forthcoming).Google Scholar
Volker, E. ed, (1987), Protectionism and the EC, Deventer, Kluwer, (revised version)Google Scholar
Wyatt, D. and Dashwood, A., (1990), The Substantive Law of the EEC, London, (Sweet and Maxwell).Google Scholar