Vietnam in ASEAN: trade, investment and other economic effects

Article Abstract:

Vietnam's participation in the Association of Southeast Asian Nations (ASEAN) will result in trade creation, which may come from reduction of intra-ASEAN tariff by Vietnam. Trade creation may occur when Vietnam shifts its imports from the expensive supplying countries of centrally-planned economies to countries of ASEAN-6. Vietnam's membership will have minimum effect on trade diversion. The original ASEAN-6 will derive benefits from investment opportunities in Vietnam. The widening of Vietnam's market will create possibilities for exploiting economies of scale.

Evaluation, Foreign investments, Economic aspects, Membership, Vietnam, Association of Southeast Asian Nations

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The AFTA-CER dialogue

Article Abstract:

The negotiation for a tie-up between the ASEAN Free Trade Area (AFTA) and the Australia-New Zealand Closer Economic Relations Agreement (CER) is bound to bring economic benefits to both regions. An AFTA-CER agreement would increase New Zealand and Australia's access to the Southeast Asian market. Two-way trade was estimated to reach $12.5 billion in 1996. Furthermore, it is expected to foster political goodwill and regional security.

Analysis, Australia, New Zealand, Regional economics, Southeast Asia, Trade negotiations

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• Abstracts: AFTA and intra-industry trade. ASEAN during the crisis. The need for common investment measures within ASEAN

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