Abstract

Terrorist Activities against Association of Southeast Asian Nations (ASEAN) and Exports from the United States to ASEAN Countries

Highlights

  • The Association of Southeast Asian Nations (ASEAN) was founded in 1967, with original member states: Indonesia, Malaysia, Philippines, Singapore and Thailand

  • ASEAN should be concerned with the terrorist attacks against its partners and must be able to assess the damages caused by global terrorism so that it can adjust its policies

  • Different from the above authors, we investigate terrorist activities that have occurred in the aforementioned ten ASEAN countries and examine the effects of these attacks on exports from the U.S Dutt and Traca [21] show empirically that corruption hurts trade in a majority of cases, inspiring us to investigate how corruption in ASEAN countries might affect the importation of US goods, which is the equivalency of US exports to these countries

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Summary

Introduction

The Association of Southeast Asian Nations (ASEAN) was founded in 1967, with original member states: Indonesia, Malaysia, Philippines, Singapore and Thailand. ASEAN currently is comprised of ten nations. Cambodia, Laos, Myanmar, and Viet Nam have joined ASEAN since 1967. With high export growth rates since the 1980s, ASEAN has harvested the fruits of its hard work. ASEAN should be concerned with the terrorist attacks against its partners and must be able to assess the damages caused by global terrorism so that it can adjust its policies

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