What are the biggest challenges identify at least 3 toward Asean economic integration?

What are the biggest challenges toward ASEAN economic integration?

ASEAN’s weaknesses. Development gaps between and within members in income, human capital, institutions, and infrastructure and the absence of regional distributive mechanisms; disparities in good governance and the rule of law; disparities in population growth and population aging, that together with disparities in …

What are the challenges of ASEAN integration?

ASEAN is also constrained by other key challenges, including corruption, demographic changes, uneven social development, disparities in economic development and technology adoption, environmental degradation, and other issues related to politics and the rise of authoritarianism.

What should happen in the ASEAN economic integration?

ASEAN economic integration is the economic integration as a development strategy. The goal was to participate in the global supply chain and measures to achieve that goal were attracting foreign capital and concluding FTAs with countries outside the region.

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What are the greatest challenges faced by the Philippines?

Poverty, lack of education, drug or substance abuse, vice, crime and unemployment are among the many problems that continue to batter them. Likewis:e, recent issues on the rising number of street children in urban centers, child abuse, forced-labor and pedophilia are quite alarming, aggravating the plight of the youth.

How will ASEAN integration affect the Philippines?

ASEAN contributes to the advancement of the Philippines as a whole. … Each step taken with ASEAN is another step taken closer to a better and stabler economy. Be it travel, goods and services, education and work opportunities — the Philippines is getting closer to tapping into its great potential.

What is ASEAN integration of Asean Economic Community?

The AEC is the realisation of the region’s end goal of economic integration. It envisions ASEAN as a single market and production base, a highly competitive region, with equitable economic development, and fully integrated into the global economy.

What are the disadvantages of economic integration?

Disadvantages

  • Trade diversion may occur.
  • Small members may become a depressed region of the group.
  • As a result of this, large members may become inefficient.
  • Smaller high cost producers could be taken over or go out of business.

What is the advantage of ASEAN economic integration to Philippines?

MANILA, July 30 — The Philippines has benefited from a substantial increase in trade and investments with the economic integration of the Association of Southeast Asian Nations (ASEAN) which created a wide choice of goods for consumers thus supporting local businesses to expand overseas.

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What do you think is the biggest contribution of ASEAN to the economic development of its member countries?

The bloc’s biggest success has been promoting economic integration among members. It also helped negotiate the RCEP agreement to create one of the world’s largest free trade blocs.

What are the challenges of AEC realization?

The biggest challenge to the AEC is the growth of anti-globalisation attitudes in the world in general and in ASEAN in particular.

What are economic issues in the Philippines?

Among the issues that they address are food insecurity, hunger and poor nutrition, poor quality of education, land and housing insecurity, and poor sanitation. claws of poverty, many poor and even nonpoor households remain vulnerable (Mina and Imai 2016).

What are the challenges faced by the Philippines in maintaining global security?

First, it identifies the major security challenges of the Philippines in the past year, namely: internal conflict, terrorism, maritime security, and nontraditional security threats such as natural disasters. It then proceeds by providing the major security policy developments in 2015.

What are the issues in the Philippines 2020?

PHILIPPINES 2020

  • Extrajudicial executions and impunity. …
  • Repression of dissent. …
  • Freedom of expression. …
  • Freedoms of assembly and association. …
  • Right to health. …
  • Abuses by armed groups. …
  • Death penalty. …
  • Lesbian, gay, bisexual, transgender and intersex (LGBTI) people.