What are the pros and cons of ASEAN integration?
Here are some of the pros and cons regarding the integration:
- Pros:
- Larger market. With the merging of available markets within the ASEAN region, everyone gets a fair chance of capturing a bigger flag. …
- More investors. …
- Cons:
- Fiercer competition. …
- Costly labor. …
- Hone your English communication skills. …
- Go for their markets.
What are the disadvantages of ASEAN?
As a regional grouping, ASEAN has four major weaknesses: The tendency to prioritize national over regional interests, weak leadership, ineffective bureaucratic structure and purely emulating the Western approach.
What are the challenges and implications for ASEAN as it moves towards regional integration?
The paper suggests that in these efforts ASEAN faces five major issues and challenges: enlargement, regional security cooperation, economic issues and cooperation, leadership transitions in ASEAN’s members, and the renewed problems in Cambodia.
What are the negative effects of ASEAN integration in agriculture?
“Failure to modernize and diversify makes Philippine agriculture unable to compete in the Asean free market,” Ofreneo said. “Declining investments – both public and private — in agriculture have led to declining productivity, deficient value addition and poor job creation,” he said.
What are the disadvantages of economic integration?
Disadvantages
- Trade diversion may occur.
- Small members may become a depressed region of the group.
- As a result of this, large members may become inefficient.
- Smaller high cost producers could be taken over or go out of business.
What are the obstacles to a regional integration in Asia?
Among weaknesses it should be mentioned little trade among member countries, diversity of culture, norms and politic systems in each member countries, language barrier, lack of proper public utility system in some countries, banks’ structural inefficiencies and weak financial infrastructures in some countries, lack of …
What is the role of ASEAN in regional cooperation?
ASEAN has also played a major role as sponsor of wider regional cooperation groupings which provide forums for the Southeast Asian states, the major powers and other interested countries (including Australia) to discuss and coordinate approaches to regional issues.
Why ASEAN is a regional organization?
ASEAN’s aim is to economic growth, social progress, cultural development among its members and protection of regional peace stability. … With the entry into force of the ASEAN Charter, ASEAN established its legal identity as an international organization and took a major step in its community-building process.
What are the aims of ASEAN regional cooperation?
The ASEAN Declaration states that the aims and purposes of the Association are: (1) to accelerate economic growth, social progress and cultural development in the region and (2) to promote regional peace and stability through abiding respect for justice and the rule of law in the relationship among countries in the …