ASEAN Economic Community (AEC): An Empirical Impact Analysis

The ASEAN economic community and medical qualification

BACKGROUND In the regional movement toward ASEAN Economic Community (AEC), medical professions including physicians can be qualified to practice medicine in another country. Ensuring comparable, excellent medical qualification systems is crucial but the availability and analysis of relevant information has been lacking. OBJECTIVE This study had the following aims: 1) to comparatively analyze ...

Building the ASEAN Economic Community: Challenges and Opportunities for Myanmar

In recent years, ASEAN has been accelerating its efforts to establish the ASEAN Economic Community (AEC) by 2015. As a member of ASEAN, Myanmar has a mandate to implement a number of policy reforms, as agreed to in the AEC Blueprint. Key reforms include trade liberalization and facilitation in accordance with the ASEAN Trade in Goods Agreement (ATIGA), investment liberalization and facilitation...

Economic Effects of Democracy. An Empirical Analysis

This research analyses through the use of instrumental variables estimation whether democracy has an effect on variables belonging to three different categories: fiscal policy, inequality in income distribution and political instability. It shows there is no stable relation between democracy and fiscal policy variables between countries of the sample in the 1978-1988 period. Democracy, on the o...

An Empirical Study of Export and Economic Growth in India since 1960: A Co integration Analysis

Does competition improve financial stability of the banking sector in ASEAN countries? An empirical analysis

This study examines the influence of competition on the financial stability of the commercial banks of Association of Southeast Asian Nation (ASEAN) over the 1990 to 2014 period. Panzar-Rosse H-statistic, Lerner index and Herfindahl-Hirschman Index (HHI) are used as measures of competition, while Z-score, non-performing loan (NPL) ratio and equity ratio are used as measures of financial stabili...