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34th FAEA Conference, Phnom Penh , Cambodia 2009 35th FAEA Conference, Bali-Indonesia 2010 TOWARDS STRONGER ASEAN ECONOMIC COOPERATION 1. Introduction Southeast Asian economy has been growing fast since last three decades which bring some countries in this region, transforming significantly from developing to modernized and industrialized countries. The other remaining countries are also transforming from less developed to developing and even semi-industrialized countries. Southeast Asian countries have formed the well-known Association of Southeast Asian Nations (ASEAN) since 1967 that somehow contributed to the rapid economic growth in member countries. Economic growth in this region has brought the ASEAN member countries better in terms of welfare and prosperity. However, since the 1997 economic crisis, the Southeast Asian Economy is always facing many different challenges. This indicates that economic foundation is not strong enough and remains questionable in the future of the region. Southeast Asia is also not immune toward external factors. For example, the recent global financial affects this region directly which creates some difficulties for the domestic economy of the countries in this region. At the Bali Summit in October 2003, the leaders of Association of Southeast Asian Nations (ASEAN) have declared that the ASEAN Economic Community (AEC) shall be the goal of regional economic integration (Bali Concord II) by 2020. Member countries have agreed to develop a single coherent blueprint for advancing the AEC by identifying the characteristics and elements of the AEC by 2015 consistent with the Bali Concord II with clear targets and timelines for implementation of various measures as well as pre-agreed flexibilities to accommodate the interests of all ASEAN member countries. In particular, the leaders agreed to transform ASEAN into a region with free movement of goods, services, investment, skilled labor, and freer flow of capital. In establishing the AEC, ASEAN shall act in accordance to the principles of open, outward-looking, inclusive, and market-driven economy consistent with multilateral rules as well as adherence to rules-based systems for effective compliance and implementation of economic commitments. The AEC will establish ASEAN as a single market and production based making ASEAN more dynamic and competitive with new mechanisms and measures to strengthen the implementation of its existing initiatives; accelerating regional integration in the priority sectors; facilitating movement of business persons, skilled labor and talents; and strengthening the institutional mechanism if ASEAN. In short, the AEC envisages the following characteristics: (a) a single market and production base, (b) a highly competitive economic region, (c) a region of equitable economic development, and (d) a region fully integrated into the global economy. The Federation of ASEAN Economist Association (FAEA) will hold the 35 th Annual Conference in Bali, Indonesia, discussing the main theme of “Towards Stronger ASEAN Economic Cooperation” to examine further the academic basis and policy perspectives of economic cooperation among member countries and to contribute to the broader objectives of ASEAN Economic Cooperation. 2. Objectives The objectives of the 35 th FAEA Annual Conference cover the following:
3. Themes The themes of 35 th FAEA Annual Conference Prioritizing Agenda for the ASEAN Summit 2011
(Trade, Investment, Finance, Service, Food, Tourism, Energy, Governance) • Place and Date The Conference will be hold in Bali, Indonesia, 1-3 December 2010 (Wednesday to Friday). The Indonesian Economist Association would like to cordially invite academicians, policymakers and practitioners participate in the conference • Deadline and Guidelines Important Dates: Submission of abstarct: September 24, 2010 Guidelines:
Please submit your papers by email to: sekretariat@isei.or.id and aden.budi@yahoo.com If the interests to participate exceed the expectation and time/slots available, a poster presentation session could be introduced. For further information please contact: Aden Budi 34th FAEA Conference, Phnom Penh , Cambodia 2009 The 34 th Annual Conference of the Federation of ASEAN Economic Association was held in Phnom Penh, Cambodia on 15 th - 16 th December 2009. This year's conference theme is “The Global Economic Downturn: Opportunity or Crisis?” The presentation was outlined into three (3) sub-themes as follows:
The ESS Delegation was headed by Professor Euston Quah (ESS, President), Dr Kampon Adireksombat (ESS, Honorary Secretary), Professor Chew Soon Beng (Division of Economics, NTU) and Dr. Aekapol Chongvilaivan (Fellow, ISEAS Singapore). There are 2 papers submitted and presented in the Conference: “Policy Response to Global Financial Crisis for a Small Open Economy: The Case of Singapore” by Professor Chew Soon Beng (Division of Economics, NTU) and the “Global Financial Crisis and Growth Prospects in Asia-Pacific: A Sectoral Analysis” by Dr. Aekapol Chongvilaivan (Fellow, ISEAS). Next year's host for the 35 th FAEA Conference 2010 will be Indonesia. 33rd FAEA Conference, Hanoi 2008 The 33rd FAEA Conference was held in Hanoi, Vietnam on 27th & 28th of November 2008. The theme of the conference is “ASEAN’s Co-operation and Agricultural and Rural Development in the Globalization Era”. For we know that, ASEAN as a whole community are producers and exporters of agricultural products. In this conference academicians and policy-makers are given opportunity to exchange research findings, opinions and experiences in socio-economic impacts of globalization, agricultural and rural development. ESS delegation was headed by Mr Yit Fan Wong and Mr Alvin Eng together with Mr Tomoki Fujii (Singapore Management University), Dr Aekapol Chongvilaivan (Fellow, ISEAS Singapore) and Professor Yothin Jinjarak (Dept Economics, NTU). Three papers were submitted and presented at the conference. The “Impact on Inflation on the Poor in the Philippines” by Mr Tomoki Fujii, “Do the World Energy Price Shocks Explain Thailand’s Rice Price Turmoil?” (A Co-integration Analysis) by Dr Aekapol Chongvilaivan and “Openness and Regional Phillips Curve: The Evidence from Rural-Urban Indonesia” by Professor Yothin Jinjarak. 32nd FAEA Conference, Bangkok 2007 The 32nd FAEA Conference was held in Bangkok from 7-8 December 2007. The conference theme “Politics and Economic Development of ASEAN” reflects what is expected to be the most important structural economic development this century, with profound global and regional implications that are already being felt even today. The ESS delegation, led by Dr Khor Hoe Ee, comprised Mr Foo Suan Yong (ESS Honorary Secretary), Dr Lorraine Carlos Salazar (Visiting Research Fellow, ISEAS), Ms Sanchita Basu (Research Associate, ISEAS), Dr Park Donghyun (Associate Professor, NTU; Asian Development Bank) and Dr Michael Lim (Senior Fellow, Nippon Foundation, Asian Public Intellectuals Program). A total of four papers submitted from the ESS, were presented at the Conference:
32nd FAEA Conference, Singapore 2006 Please click here About the Federation of ASEAN Economic Associations (FAEA) In 1976 the Society initiated the founding of the Federation of Asean Economic Associations (FAEA), consisting of the respective national economic societies of Indonesia, Malaysia, Philippines, Singapore and Thailand. Emeritus Professor Lim Chong Yah, then President of the ESS wrote to his counterparts in the other ASEAN countries advocating the formation of such a Federation. The objective of this Federation is to promote the study of economic science in ASEAN countries on a cooperative and coordinated basis. Emeritus Professor Lim Chong Yah was later conferred the "FAEA Founder's Distinguished Award," an award in recognition of him being the founder of the Federation. In 2002, Vietnam joined the FAEA. The FAEA now comprises of economic associations of the seven ASEAN countries – Singapore, Thailand, Vietnam, Cambodia, Indonesia, Malaysia, and Philippines. The FAEA endeavors to provide useful inputs to economic policy-making in each member country and to contribute to the economic development of the region. It does this through the annual regional conference, which is hosted by each member economic association on a rotational basis. During the Conference, economists from the various associations exchange views on issues and share country experiences. Previously, ESS had hosted the 20th and 25th FAEA Conferences in 1995 and 2000 respectively, with Mr Goh Chok Tong, then Prime Minister of Singapore, being the Keynote Speaker for the former. Last year, Singapore once again hosted the 31st FAEA Annual Conference: "Future of Asian Cities". For more information, please click here. |
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