ASEAN Economic Community Research Articles

Improving economic position of Vietnam in Asean Economic Community (AEC) from the global integration perspectives

After participating in ASEAN, and through various dialogue mechanisms, Vietnam now has become a more important and comprehensive economic member of the ASEAN Economic Community. This study focuses on analyzing the process of participating in the ASEAN Community and the roles and contributions of Vietnam in this organization to affirms Vietnam's position in the process of forming the AEC and demonstrates Vietnam's priorities for the integration process. The paper uses the primary and secondary data by using tools of desk research of different data in relativeness and by the quantitative method by using the Cobb-Doughlas function with a logarithmic form. The paper confirms the integration of Vietnam's economy into the ASEAN Economic Community (AEC) is an inevitable development after the achieved results of ASEAN's cooperation and economic connection. The AEC is an open regional economic integration model. The implementation of the AEC will bring in multi-dimensional impacts on member countries, and the extent of these impacts will depend on the level of regional and international economic integration, competitiveness, and effectiveness of policy reform in each country.

ASEAN Economic Community and its impacts: Opportunities, challenges, and implications for higher education

The vision of the ASEAN Economic Community (AEC) envisaged as a global ASEAN has impacts on all sectors, including higher education (HE), a key driver to the goal. However, it is still debatable whether HE can achieve it. This study aimed to draw insights into its impacts with a focus on opportunities, challenges, and implications for HE. This study employed qualitative, comparative, interpretive, and in-depth analysis of documents. The findings revealed that the progress of AEC has a great impact on HE in three areas. Prospective opportunities comprise the services sector and internal cooperation and collaboration. The sector accounted for approximately 50% of the real output in 2018. The top three countries were Singapore (68.9%), Thailand (59.9%), and the Philippines (57.8%). However, a crucial challenge is an inequitable access to digital-driven education due to inequitable access to the Internet among member countries. The gaps of subscribers and cellular phones lie between 94.6 and 33.1 and between 180.2 and 51.9 respectively. Singapore, the regions’ best education and labor mobility destination, has the highest rates of subscribers (100) and cellular phone usage (88.2). For implications, policymakers should foster interconnectivity and digitalization through innovation-driven education. A feasible roadmap for strategic management is also proposed for AEC engagement.

Improving economic position of Vietnam in Asean Economic Community (AEC) from the global integration perspectives

After participating in ASEAN, and through various dialogue mechanisms, Vietnam now has become a more important and comprehensive economic member of the ASEAN Economic Community. This study focuses on analyzing the process of participating in the ASEAN Community and the roles and contributions of Vietnam in this organization to affirms Vietnam's position in the process of forming the AEC and demonstrates Vietnam's priorities for the integration process. The paper uses the primary and secondary data by using tools of desk research of different data in relativeness and by the quantitative method by using the Cobb-Doughlas function with a logarithmic form. The paper confirms the integration of Vietnam's economy into the ASEAN Economic Community (AEC) is an inevitable development after the achieved results of ASEAN's cooperation and economic connection. The AEC is an open regional economic integration model. The implementation of the AEC will bring in multi-dimensional impacts on member countries, and the extent of these impacts will depend on the level of regional and international economic integration, competitiveness, and effectiveness of policy reform in each country.

The Implementation of South Sumatera Industrial Downstreaming for Rubber Products Strategic Policy with The Establishment of Tanjung Api-Api Special Economic Zone

The downstreaming option to provide added value to local industries, especially developing countries in the Global Value Chain (GVC) era as a way to increase competitiveness and seizing global markets, is inevitable. This paper focus on the analysis of the developments and limitations faced in the implementation of the Strategic Policy of South Sumatra Rubber Product Downstreaming with the establishment of Tanjung Api-Api Special Economic Zone. At the regional level, the idea of developing SEZ (Special Economic Zone) aims to prepare investment institutions in improving the investment climate in Southeast Asia region and manifesting ASEAN as a single market and production base as a component of the 2015 ASEAN Economic Community. This study used an exploratory and descriptive qualitative research method, where the depth and context of the data are important. Data from this study consisted of secondary data through literature study and analysis of documents and primary data obtained from interview as well as through field research. The author concludes that the industrial downstreaming of rubber products in South Sumatra has not been maximally carried out, it was still segmented, it was not conducted linearly, both production and coordination between the central government and the locals. Tanjung Api-Api SEZ as a hub for international trade and industrialization of rubber commodities also encountered various obstacles including infrastructure (deep sea port) at this point was inadequate, certainty of fiscal incentives for companies relocating to SEZ and licensing.

Rethinking free skilled labour migration policies in CLMV countries: a qualitative systematic review

PurposeThere is an ongoing debate in the ASEAN Economic Community (AEC) Blueprint 2015 concerning the skilled labour migration policy regimes. This review aims to systematise the free flow of skilled labour migration policies in Cambodia, Lao PDR, Myanmar and Vietnam (CLMV) countries.Design/methodology/approachThis review utilised a qualitative systematic in peer-reviewed journals for the period 2015–2019. The initial search identified 28,874 articles. Of those articles, 10,612 articles were screened, 738 articles were checked, 150 articles were selected and 18 articles met the criteria. Data were analysed using thematic synthesis (e.g. coding, categorisation, synthesis and summarisation).FindingsThe review suggested that free movement from CLMV countries is the cause of the mass exodus of unskilled migration to high-income countries. The review found that the free flow of migration policy in the AEC Blueprint 2015 is associated with illegal, unauthorised and unskilled workers in the host country.Research limitations/implicationsA systematic review is qualitative in nature, in which the relevant existing literature lacks some empirical studies, and the results must be generalisable.Practical implicationsThe current systematic review provides a visual diagram for practical implications to isolate undocumented, illegal, unpermitted and unskilled migrant workers and further reduce the mass exodus of migration from CLMV countries.Originality/valueTo the authors' knowledge, this is the first review to extend the literature to the macro-level determinants of free flow of skilled labour migration policies in CLMV countries. The present review seeks to inform the policy responses of moving freely between sending and receiving countries.

STANDAR OPERASIONAL PROSEDUR (SOP) SEBAGAI UPAYA PENINGKATAN PRODUKSI BAGI PELAKU UMKM AGRITEPA ABADI DESA BANJARSARI KABUPATEN BOGOR

Micro, Small and Medium Enterprises, known as MSMEs, have many roles in poor members, reduce unemployment, and increase people's income so that they can independently support their economy. UMKM players must be able to develop and survive in line with the intense business competition. The ability to compete in trade is important so that the Indonesian economy remains strong, especially in facing the Asean Economic Community (AEC). Therefore the government continues to strive so that MSMEs in various regions can develop so as to support the economy of the small community by providing various things both in terms of marketing, other supporting facilities. The presence of the 4.0 industrial revolution has an impact on intense competition, MSMEs must be able to overcome this view creatively, product innovation, marketing, product packaging, human resource development and technology. The strategy for empowering MSMEs can be achieved through the role of the Government in issuing fiscal and non-fiscal policies, higher education institutions in carrying out services to educate and prosper the community and the supporting role of supporting MSMEs to be more self-reliant and innovative. Community service is focused on UMKM Adritepa Abadi, Banjarsari Village, Bogor Regency, is able to prepare Standard Operating Procedures (SOP) and is able to make plans in the budget for running a business.

Pelatihan Pengolahan Ikan menjadi Nugget di Desa Percut Kabupaten Deli Serdang

Businesses that want to continue to survive in the era of the Asian Economic Community must have the right decisions in determining production costs. Calculation of production costs has an important role in manufacturing companies because it will affect the selling price and can provide optimal profits for the company. Determination of the cost of goods manufactured is very important in the company as a basis for determining the cost of goods sold, so that it can compete with other companies. Activity Based Costing (ABC) system is a production cost calculation system based on the activities consumed by each product. The calculation of the cost of production at the Pelangi Bakery still uses manual calculations or the traditional system. Determination of the cost of production using the ABC system at the Sumber Rejeki bakery has not been able to determine the cost of production correctly because there are several obstacles. The result of calculating the cost of production per unit of the ABC system is greater than the traditional system.

Pelatihan Peningkatan Keterampilan Berbicara Bahasa Inggris Melalui Metode Task-Based Language Teaching Bagi Mahasiswa Ekonomi Syariah

Islamic Economics Department makes English as a basic subject so that the students can have basic skills in English. Having the ability to communicate English well of course becomes a precious value for their careers ahead considering that now days we come to the Era of the Asean Economic Community (AEC). The objectives of this community service activity are 1) introducing the Task-Based Language Teaching (TBLT) learning method to Islamic Economics Students of IAIN Metro; 2) improving the English speaking skills of Islamic Economics students at IAIN Metro. The target of this Community Service Activity is Islamic Economics Students (ESy) IAIN Metro. The methods used in this service are observations, interviews, and conducting training. The conclusions of this activity shows that 1) there is an improvement in knowledge and understanding of Islamic Economics students of IAIN Metro about Task-Based Language Teaching (TBLT) learning method and 2) there is an improvement of Islamic Economics students’ skills in speaking English.

PENINGKATAN DAYA SAING INDUSTRI KREATIF UNGGULAN SULAWESI UTARA MENGHADAPI MASYARAKAT EKONOMI ASEAN (MEA)

In 2015, Indonesia entered a new economic era in the Southeast Asian Region, namely the introduction to the Asean Economic Community (AEC). The role of the creative industry that is so large and significant must be maintained to be able to compete in the implementation of the AEC. This study aims to identify and recommend strategies for the creative and leading industries of North Sulawesi Province to improve competitiveness in the face of the AEC. To formulate alternative strategies to increase industrial competitiveness using SWOT analysis. Some creative industry players become informants through in-depth interviews. The list of questions consists of two parts. The first part deals with historical information on the establishment of a business. The second part is 26 question items that refer to the Diamond Model (DM). The results of the SWOT analysis, the pottery industry and the stage home industry are in quadrant I. It means that the company is implementing an SO strategy. The SO strategy is to utilize the company's internal strengths to attract external profits. In general, organizations will implement WO, ST or WT strategies to achieve situations where they can implement SO strategies. The existence of the ASEAN free market is a threat and also an opportunity that must be exploited. Human resources are a major factor in the creative industry. The results found a crisis of skilled and professional labor in the pottery industry and stilt houses. Most of the existing workforce is self-taught because it is a hereditary industry. Specifically for the stage home industry, attention needs to be paid to the continuity of wood raw materials and the licensing is simplified.

PENDAMPINGAN MASYARAKAT BERBASIS INFORMATION TECHNOLOGY (IT) PADA PIMPINAN RANTING MUHAMMADIYAH BANGUNJIWO BARAT DI TENGAH PERSAINGAN MASYARAKAT EKONOMI ASEAN

This community service aims to facilitate the economic sector for religious community organizations, especially towards the PRM Bangunjiwo Barat in the midst of competition from the ASEAN Economic Community (AEC). This community service is important because the Indonesian people generally lack awareness of the MEA. Empowerment in the economic sector, especially those based on micro, small and medium enterprises (SMEs) is very important when the flow of global capitalism into Indonesia is boundless and unstoppable. This is in line with the transformation of the theory of International Relations (IR) from traditional issues and high politics to issues based on non-traditional and community-based low politics, especially issues of development and human security. Human security issues include health security, food security, economic security, and others. The results of this community service have succeeded in facilitating partners and it is hoped that after the service they can increase their capacity in facing global competition, especially the AEC. Several important agendas were successfully implemented in the midst of the Covid-19 pandemic, for example video editing workshops, product photos, introduction to e-commerce including helping register products in the Grab-food application, and philanthropic activities

Building The Character of Indonesia's Sharia-Based Indonesian Human Resources as An Important Component in Dealing with the ASEAN Economic Community (MEA)

This study aims to analyze the character of Indonesia's sharia-based Indonesian human resources in the face of the Asean Economic Community (MEA). The data used is qualitative data, which is data collected from literature and other supporting sources. The approach used is qualitative approach using an in-depth approach to literature studies on aspects of Indonesian human resources based on sharia and MEA. The interesting thing about the findings is the internalization of strengthening tawhid (tawhid) as the main foundation for all practitioners / observers / economic communities consisting of: 1. Traders or entrepreneurs 2.Modal owner 3.Konsumen 4.Buruh.Furthermore, sharia competence and culture strongly support the process of building habits among all parties involved including the government as policy makers; especially those who support the realization of MEA as expected. In addition, the government also acts as a party that recommends rules and regulations. This research is relevant to explain how to build the character of Indonesia's sharia-based Indonesian human resources in dealing with the Asean Economic Community (MEA) in ASEAN. The new thing from this research is the internalization of strengthening tawhid (tawhid) as the main foundation for all practitioners / observers / economic communities consisting of 1). Traders or entrepreneurs 2). Owner capital 3). Consumer 4). Workers in Indonesian society.

Asean Law And Economic Growth Asean

The ASEAN Economic Community, commonly referred to as AEC (ASEAN Economic Community) in 2015, is a form of cooperation between ASEAN member countries by integrating the economic sector in a single market in the Southeast Asia region. This is also an answer to investors' questions regarding the accessibility of investment destination countries, including legal certainty. This study aims to analyze the effect of law enforcement on economic growth. The role of the government in law enforcement is expected to be able to support the economic development of a country. The data used in this study include economic growth, the rule of law, voice and accountability, foreign direct investment, employment, and the initial development of 10 ASEAN member countries for the 2007-2018 period. The method used is panel data regression and testing the significance of the model. The method used is the Random Effect Model. The results show that the rule of law, foreign direct investment, labor, and initial growth have a significant and positive effect on economic growth in ASEAN. In contrast, voice and accountability significantly impact ASEAN economic growth in the 2007-2018 period.

The Challenges of Micro, Small and Medium Enterprises in Indonesia in the Era of the ASEAN Economic Community

This study analyzes the challenges of Indonesian MSMEs under Law No. 20 of 2008 concerning Micro, Small and Medium Enterprises in the era of AEC 2015-2020 and the readiness of MSMEs under Law No.11 of 2020 concerning Job Creation (the Omnibus Law) in facing the era of AEC 2025. It adopted a normative legal research and found that MSMEs faced many challenges in the AEC era under the MSMEs Law. However, the amendment of this Law by the Omnibus Law constitutes a better strategy to improve and develop the Indonesian MSMEs to be ready in facing the AEC 2025.

Pengawasan Penggunaan Tenaga Kerja Asing Di Sumatera Barat

The Republic of Indonesia was founded, the Indonesian people have realized that work is a human need for citizens. This is stated and mandated in Article 27 paragraph (2) of the 1945 Constitution which states that "Every citizen has the right to work and a living that is decent for humanity". This has implications for the state's obligation to facilitate citizens to obtain decent work for humanity. However, recently the use of foreign workers has become one of the main issues in Indonesia. Foreign workers are foreign nationals holding visas with the intention of working in Indonesian territory. Constitutionally, the use of foreign workers in Indonesia is regulated in Law no. 13/2003 concerning Manpower and strengthened by Law no. 25 of 2007 concerning Investment. Thus the use of foreign workers cannot be avoided because it is constitutionally very possible. Another factor that influences the presence of foreign workers in Indonesia is the agreement of the ASEAN Economic Community (AEC) which began in 2015. This has provided opportunities for the free use of foreign workers for the ASEAN region. What has always been a problem is the high unemployment rate caused by the lack of employment opportunities for Indonesian citizens.

The Development Strategy for Preparing the Asean Economic Community of Small and Medium Enterprises (UMKM) to Get Business Credit in Kelurahan Medokan Ayu Surabaya

The Development Strategy for Preparing the Asean Economic Community of Small and Medium Enterprises (UMKM) to Get Business Credit in Kelurahan Medokan Ayu Surabaya

Analysis of vocational education curriculum in ASEAN Economic Community: a literature review

Purpose: In 2015, ASEAN economic community was formed to turn the area into a single market and a competitive superior production base to make the region prosperous and stable. The how to do that is through education and applying the appropriate curriculum for industry's needs. This study analyzed and elaborated the curriculum used in vocational schools, especially in countries around ASEAN Economic Community or AEC. Research methodology: This descriptive content analysis study method was done by implementing a literature review. This literature review was to review and analyze the curriculum used in vocational education around AEC in order to fulfill the standards of AEC industry's needs. Results: This study finds that curriculum for vocational schools around ASEAN Economic Community set priority in standard skills and soft skills. Limitations: This study is limited to vocational schools, especially around ASEAN Economic Community. Contribution: This study could be useful for vocational schools around South East Asia and researchers researching curriculum, especially in Asia. Keywords: AEC, Curriculum, Vocational education

Optimalisasi Peran Pembelajaran Bahasa dan Sastra Indonesia sebagai Wahana Pembentukan Karakter Peserta Didik dalam Menghadapi Masyarakat Ekonomi Asean (MEA)

<em><span lang="EN-US">The effectuation of ASEAN Economic Community as of 2015 has demanded education institution to prepare qualified graduates equipped with various competencies according to their own fields of professionalism and expertise. In the ASEAN Economic Community era, each nation is predicted to tightly compete as to be a qualitatively and quantitatively prominent nation in its products either in the economic sector, in the cultural sector, or in the scientific and technological sector. It is necessary to be aware that the excellence or superiority of a nation is measured not only on the natural resources owned but also on the excellence of its human resources, in this case, namely: graduates of education institutions who are capable of encountering and dealing with all the future challenges promptly amid the very tight competition. To produce graduates with such profiles, at least a certain model of education is required, namely: the education model which is effectively able produce graduates bearing the expected characteristics. Similarly, the Indonesian language education shall be able to prepare learners with quality and excellence in the ASEAN Economic Community era. The learners (graduates) who are well-prepared to encounter ASEAN Economic Community shall bear the following: (1) in-depth mastery of science and technology (content); (2) good communication ability between the people; (3) high cognition or reliable intelligence; and (4) the characterization of national culture. </span></em>

Sikap Gereja Terhadap Bahaya Neoliberalisme Kebijakan Masyarakat Ekonomi Asean Dalam Konteks Negara Kesatuan Republik Indonesia

The ASEAN Economic Community (MEA) is an ASEAN regional policy to establish market integration. To make this happen the government must minimize the market mechanism for the market to run freely and naturally. Consequently, in the MEA policy of the State institution which in this case the government is represented is tested because this policy may pose a danger to neoliberalism. Nevertheless, this policy is the only last resort to face global market expansion. The Church as a part of people’s life also retains the main attitude of rejecting all forms of colonialization or defamation of human dignity. A member of the Church is required to have an “added” value as a form of the ability to read the “signs of the times” in evangelization and the development of the life of faith. In the context of the MEA’s policy, members of the Church must be competitive- covenant, economical-subsidiary, adaptive-prophetic, and participatory- eschatological.

Keluarga Katolik, Mea Dan Sekularitas

Indonesia may be called a multi-religious country. Nevertheless, the State of Indonesia is not a State which makes religion its basis. The basis of the State of Indonesia is Pancasila and the issue of religion is placed as the number one issue in the order of Pancasila. With the above statement, it clearly affirms that the State of Indonesia is not at once a secular state or a State of religion. Likewise in all aspects of his life including family. But there is no denying the fact that the State and on the micro scale, the family has been much influenced by the flow of secularization. Today, there is also an economic awareness of the people of ASEAN region and finally forming a container called MEA (ASEAN Economic Community). This stream will in turn overwhelm the Catholic family and even urge the family to take part in the MEA flows. This context can shake the family order, including the Catholic family. Therefore, Catholic families must continue to be empowered through the radiance of the Eucharistic meaning. The family should always be reminded that the Eucharist is the culmination and source of the Christian faith. Catholic families must remain Eucharistic families

ISLAMIC CAPITAL MARKET INTEGRATION AND ASYMMETRIC INFORMATION: A STUDY IN THE FIVE ASEAN COUNTRIES FROM THE POST-GLOBAL FINANCIAL CRISIS

This study aims at examining the integration impact of the five ASEAN Islamic capital markets on asymmetric information for ASEAN Economic Community (AEC) development. Utilizing samples of market and financial panel data from 2009 to 2015 among the five ASEAN Islamic capital markets, and applying two-country portfolios of the Islamic capital markets among the five ASEAN countries to measure the different levels of Islamic capital market integration, this study suggests that the different levels of the Islamic capital market integration between Indonesia and Malaysia are found to result in asymmetric information negatively. The strongest Islamic capital market integration between Indonesia and Malaysia affect reduced asymmetric information more consistently than the other two-country portfolios, while the weakest level of integration between the Philippines and any other four Islamic capital markets that affects asymmetric information inconsistently is also supported. These results confirm an interplay between a modern portfolio theory, Efficient Market Hypothesis (EMH), contract theory, and general economic theory, and also provide new insights for stakeholders in investment decisions and strategies, cross-border regulation of economic resources, and other plentiful benefits.