Nov 19, 2007

One Asean One Market –Too Fast and Furious




NOVEMBER 19th of 2007. Early this month, Southeast Asian civil society leaders met at the third ASEAN and Civil Society Conference in Singapore. On that event, the 10 leaders of the Association of the Southeast Asian Nations (ASEAN) will sign a historical charter and declaration of the Economic Community Blueprint when they meet at the 13th ASEAN Summit here (Jakarta Post on Tuesday). What is ASEAN Charter? From wikipedia, stated that The ASEAN Charter is a proposed constitution for the Association of South East Asian Nation or ASEAN. The intention to draft the constitution was formally tabled at the 11th Asean Summit held in December 2005 in KL, Malaysia. Ten ASEAN leaders, one each from each member state, called the Asean Eminent Persosns Groups has been assigned to produce a draft of the charter. In the 12th ASEAN Summit held in January 2007 in Cebu the Philippines, several basic proposals were made public. One of the proposals includes the removal of non-interference policy that is central to the regional group since its formation in the 1960. "The high point of the summit will be the signing of the ASEAN Charter," host Singapore Foreign Minister George Yeo said. "It will take us an important step forward in regional integration, to a higher level." The long-overdue ASEAN Charter is aimed at formally turning the 40-year-old organization - often derided as a powerless talk shop - into a rules-based legal entity. That means ASEAN can sue and be sued, and will be held accountable for all the treaties andagreements it signs. The charter still needs to be ratified by parliaments of member countries, a process that will take a year.
It is hoped the charter would help transform the grouping into a more cohesive and rules-based organization, while the economic blueprint will pave the way for a single market and production base in the region by 2015.
Singapore Prime Minister Lee Hsien Loong said Saturday the charter would make ASEAN a more cohesive and dynamic organization and help promote a culture that supports the effective implementation of agreements. He added it would also put a rules-based framework in place, which would include measures for monitoring compliance and provisions for the settlement of disputes. The ASEAN Economic Community Blueprint is a master plan that identifies the priority measures and actions to be undertaken to transform ASEAN into a region with free movement of goods, services, investments, skilled labor and flow of capital by 2015. The ASEAN secretariat said in a statement the blueprint was aimed at ensuring the full and effective functions of the ASEAN economic community in order to generate more growth and create more jobs.

1st Experience: European Integrity
Learning form European Market, Paul R Krugman and Maurice Obstfeld say that by now most of 1992’s market integration measures have been implemented (‘page 611). National economic barriers within EU Europe generally are lower than in the mid-1980s, but 1992 has been more effective in some areas than in others. Financial capital, for example, can move quite freely, not only within the European Union, but between the European Union and outside jurisdictions.
Krugman wrote on “International Economic” thaht the tprogress has been slower, however, in lowering barriers to the free movement of people within the European Union. EU workers are legally free to seek jobs or reside anywhere in the Union, but labor mobility remains limited. Several EU members feared illegal immigration from outside the European Union, however, and as a result the original goal to abolish passport checks at EU members’ common borders by January 1, 1993, was not fully met.
What we talked about “Integrity Market” is exactly the results of development of the global economy with all its fluctuations, cycles of boom and recession creates a wide range of efforts for identifying the outputs and the factors affecting it. While this development to the eighties was focused to the economic competition between West and East, the historical changes in the late of eighties rapidly changed this situation. World economy is transfering to the stage of its globalisation and by this new "game" are accepting quite new rules. The expansion of three centres of economic power (USA, Japan and European Community) are preparing new tools and measures for the wining of definite total economic supremacy. Obviously all three centres are trying to use their existing domestic advantages, but it vill be probably just new strategic elements which can decide who is definitely "number one" and who will win more on detriment of the others.
European has been implemented the one market as symbol of integrity mass of “need and give”, consumption and production from about 400 million people (two times up with Indonesia people). Adapted European phenomenon to Asean case is too fast, but it’s a tremendous trial if we want to implemented. Europe needs more/ less 40 years from 1957 to make an market unification. The ‘original’ EU members formed their custom union in 1957 was still incomplete 30 years later. The efforts culminated in the birth of the Euro on January 1, 1999. Two main motives inspired this integrity is: 1) To enhance Europe’s role in the world monetary system, 2) To turn the European Union into truly unified market. Europe needs 40 years, while Asean follow the idea just 10 years (from KL Meeting in 2005 until 2015 desire to implemented). Its too fast isnt it....

yuni andono- budi utami- nadiya andini pasha

my email at yuniando@yahoo.com

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