Abstract

In 2007, ASEAN member states decided to accelerate the process of regional economic integration by advancing the implementation of the ASEAN Economic Community (EAC) from 2020 to 2015. Statistics from the ASEAN Secretariat in 2019 showed that intra ASEAN trade in the 2015 AEC period did not increase consistently and tended to stagnate at 20-24 percent. Meanwhile in 2020, it is expected that intra ASEAN trade can grow by up to 30 percent. This article aims to analyze why there is a phenomenon of inconsistency in the increase in intra-ASEAN trade during the 2015 AEC period taking into account domestic politics and economic interdependence of ASEAN countries. The methods used in this writing are qualitative methods that are analyzed descriptively. Data collection techniques are carried out through library studies, namely the acquisition of data from various sources both books, official news, articles, and other relevant documents. This study shows the results that ASEAN economic integration in addition to being influenced by domestic factors, is also influenced by the economic interdependence of ASEAN countries.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.