Search

This book provides unique insight into economic development within the ASEAN region and its recovery from the COVID-19 pandemic. With a particular focus on Indonesia, it highlights the historic importance of manufacturing within the region and how the sector remains vital, despite the Asian financial crisis, and central to sustainable and inclusive economic growth. The growing influence of digital technologies, including remote work, online services, and digital marketplaces, are highlighted, particularly in relation to economic mitigation and recovery from the COVID-19 pandemic. Broader issues, such as FDI, human development, regional integration, R&D spillovers, labour productivity, and bilateral trade, are also discussed.This book highlights how ASEAN economies can be strengthened by innovation, trade, and increased productivity. It will be relevant to students and researchers interested in development and international economics.

This timely volume chronicles and analyses the intersection of rice policies and the pandemic through case studies of a diverse range of Southeast Asian countries: rice exporters, rice importers and city-states. There is no group of eminent researchers better suited to carrying out this work, and they conduct the analysis by illuminating the historical context that is essential to an understanding of rice policies in the region. This volume is a must-read for anyone interested in rice policies and politics in contemporary Southeast Asia

ASEAN's real gross domestic product (GDP) had declined sharply due to the COVID-19 pandemic. The economic downturn and the uncertainty about the future reduced the new investments in green projects drastically. Besides this, many governments rolled back environmental regulations and taxes and increased fossil-fuel intensive infrastructure and electricity to stimulate economic growth. Post-Pandemic Green Recovery in ASEAN consists of several empirical studies using fresh data, with regional and country-level perspectives on ways to keep the greenness of the economic recovery plans. The chapters look at various aspects and sectors, including tourism, infrastructure, energy, small and medium enterprises (SMEs), employment, and livelihood, by assessing the effectiveness of various tools and instruments, including green finance, carbon taxation, green Sukuk, credit guarantee, cash transfer payment, power purchase agreements, and the related policies. They also provide practical policy recommendations useful for the ASEAN member states and other developing regions for the green recovery in the post-pandemic. Reiterating the importance of green and low-carbon mechanisms and climate change tackling policies besides the usual economic recovery strategies, this book is a precious resource for the researchers of economics, finance, ASEAN and Asian studies, and policymakers.

The COVID-19 pandemic has impacted about 1 billion migrants (both international and domestic) in a variety of ways, and this book demonstrates how COVID-19 has widened the gaps between citizens, non-migrant and migrant populations in terms of income, job retention, freedom of movement, vaccine etc.While there is an emerging literature studying the impacts of COVID-19 on migration, the situation in Southeast Asia has not received much scholarly attention. This book fills the literature gap by studying the experiences of migrants and citizens in Brunei, Malaysia and Singapore and highlighting how the pandemic has exacerbated inequalities between and within the groups. These three countries are studied due to their high reliance of migrants in key economic sectors. Findings in this volume are derived from a qualitative approach, complemented by secondary data sources.This book is appropriate for undergraduate and postgraduate students of population studies, epidemiology, political science, public policy and administration, international relations, anthropology, psychology, sociology, and migration and refugee studies. Migration and labour scholars benefit from the nuanced comprehension about how a pandemic could cause a schism between migrants and the population at large. Policymakers may consider the proposed recommendations in the book to improve the migration situation.

This book assesses the progress in the implementation of Sustainable Development Goals (SDGs) in ASEAN, India and China using the above framework conditions in the context with three main propositions. First, translating the SDGs into regional economic integration strategies during the pandemic recovery can enhance the link between global objectives and the multifaceted reality of an ASEAN community building process, and providing a strategic option to strengthen the regional approaches. Secondly, a regional approach on complementarities to SDGs can facilitate the definition of relevant targets/indicators and enhance the monitoring and evaluation framework. In so doing it could also offer the scope to integrate more closely ASEAN community's social and environmental concerns into existing economic, social and political frameworks. Thirdly, focusing just on the geo-economic sphere – the area where south east and East Asian economic integration is relatively more advanced – will prove the hypothesis that effective regional integration through mega trade agreements such as the Regional Comprehensive Economic Partnership (RCEP) can support the Asia's transformation agenda and foster more inclusive and sustainable growth.

The novel coronavirus (COVID-19) pandemic was reported in China in December 2019, and later spread to other parts of the world. Countries in Southeast Asia were some of the first nations affected by the pandemic due to their geographical proximities and trade relations with China. In January 2020, the virus spread to some countries within the Association of Southeast Asian Nations (ASEAN). The number of confirmed cases kept increasing within ASEAN and other countries of the world. Consequently, countries in ASEAN introduced preventive and containment measures to cope with the pandemic, which include quarantines, lockdowns, restrictions of movements and large gatherings, as well as school and business closures.Beyond the efforts of preventing and containing the spread of the virus, ASEAN's most significant challenges are the social and economic crisis of historic proportions that are beginning to unfold. COVID-19 pandemic has brought interruptions in all sectors of ASEAN economies. It is, therefore, imperative to assess the extent to which the pandemic has impacted the social and economic aspects of the region. This book intends to highlight the social and economic impacts of the COVID-19 pandemic in ASEAN and suggest ways on how to mitigate them. It covers how the shocks from COVID-19 have impacted production, supply chains, demand, commodity prices, consumer behaviour, financial markets, employment, services, transportation and community, and the various policies that ASEAN authorities should put in place to mitigate the effects of the pandemic.

This book presents the main ideas on shifting the economy, finance, and banking sectors among ASEAN countries into a new paradigm. Since the economy and finance, as well as the banking sector in the ASEAN region, have been growing years by years, there is the need for the policymakers and relevant agencies to study the ideas on shifting the ASEAN economy, finance, and banking towards globalization through a new paradigm. Furthermore, the recent COVID-19 pandemic has affected not just human lives but also the economic and financial sectors. Because of COVID-19, most countries around the world have imposed lockdown and moving control order (MCO) as well as conditionally moving control order (CMCO). In this book, we tackle the main ideas on shifting the economy, finance, and banking sectors among ASEAN countries into a new paradigm. The researchers used econometric, mathematics, statistics, and quantitative sciences to study many economic, finance, and banking issues such as cryptocurrency, consumer preferences, and good governance. This book presents various new and novel results, methods, and algorithms. The findings of this book shall benefit the ASEAN policymakers, investors, and other relevant agencies. This book is also suitable for postgraduate students, researchers, and other scientists who work in econometric, finance, banking, and numerical simulation.