AFTA: The Way Ahead (hard cover)

AFTA: The Way Ahead (hard cover)
Date of publication:  1992
Publisher:  Institute of Southeast Asian Studies
Number of pages:  160
Code:  ICEA6

About the publication

The formation of the ASEAN Free Trade Area (AFTA), agreed upon at the Fourth ASEAN Summit in January 1992, reflects both developments within ASEAN and the changing international economic and political environment. Rapid industrialization in all the ASEAN countries has given rise to greater intra-ASEAN trade. Such trade has also become more complementary than competitive. In the international sphere, the emergence of regional trading blocs such as the Single European Market (SEM) and the recently concluded North American Free Trade Agreement (NAFTA) have also had a major impact on ASEAN's perceptions of a global trading system. Fears of trade and investment diversion, coupled with increasing competition for foreign direct investments, have forced ASEAN to forge closer economic ties amongst its members. This timely volume focuses on the issues concerning the practical aspects of implementation of AFTA, and the ways and means of bringing AFTA to fruition within the 15 year frame. In addition, broader global and regional issues are analysed to provide a more comprehensive discussion of the prospects and problems of AFTA.


  • AFTA: The Way Ahead (hard cover)
    [Whole Publication, ISBN: 9789814379199]
  • Preliminary pages
  • 1. Chapter 1: Shaping Factors & Business Conditions in the Post-Fourth ASEAN Summit Period, by Rolf J. Langhammer, author
  • 2. Commentary on Chapter 1, by Tan Kong Yam, author
  • 3. Chapter 2: The Political Economy of the ASEAN Free Trade Area, by Narongchai Akrasanee, David Stifel, authors
  • 4. Commentary on Chapter 2, by Mohamed Ariff, author
  • 5. Chapter 3: The Long & Winding Road Ahead for AFTA, by Seiji Naya, Pearl Imada Iboshi, authors
  • 6. Commentary on Chapter 3, by Lee Tsao Yuan, author
  • 7. Chapter 4: Policy Issues & the Formation of the ASEAN Free Trade Area, by Sree Kumar, author
  • 8. Commentary on Chapter 4, by Chia Siow Yue , author
  • 9. Chapter 5: Institutional Requirements of ASEAN with Special Reference to AFTA, by Jacques Pelkmans, author
  • 10. Commentary on Chapter 5 (1), by Chng Meng Kng , author
  • 11. Commentary on Chapter 5 (2), by P.J. Davidson, author
  • Contributors

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