Association of Southeast Asian Nations (ASEAN) integration monitoring report : a joint report by the ASEAN Secretariat and the World Bank (English)

This report examines the progress and challenges in ASEAN's trade facilitation, services trade, and investment, focusing on policy and market integration outcomes. It highlights significant gains from ASEAN integration, such as increased intra-regional trade and foreign direct investment (FDI), and the development of the services sector. However, there are areas where implementation has been limited, including the elimination of non-tariff barriers, services integration, and some aspects of trade facilitation. The report suggests that ASEAN acts as a trade-creating block, with integration leading to increased trade within the region and with the rest of the world. The analysis uses comprehensive measures of trade costs and examines the impact of various factors on these costs, including logistics performance and connectivity. The report also provides policy recommendations for furthering ASEAN's integration goals.

(Generated with the help of GPT-4)

The research method used in the report involves both qualitative and quantitative analysis. It includes a review of ASEAN's policy commitments, assessment of trade facilitation conditions, analysis of trade and production data to infer trade costs, and econometric modeling to decompose trade costs into observable component parts. The report also utilizes surveys, such as the Logistics Performance Index (LPI) and the World Bank's Doing Business project, to gauge private sector perceptions of trade facilitation performance. Additionally, it employs gravity modeling and inverse gravity methodology to estimate the sensitivity of trade flows to trade cost factors and to calculate all-inclusive trade costs.

(Generated with the help of GPT-4)

Categories: Asean geographic scope | southeast asia geographic scope | English publication language | Foreign Direct Investment | Investment | Logistics Performance | Services Trade | Trade Costs | Trade Facilitation | the world bank