Over the last few decades, countries belonging to the Association of Southeast Asian Nations (ASEAN) all had to revise their intellectual property systems. These revisions resulted at first from bilateral pressure of major trading partners such as the US and EU, then from the WTO-TRIPS Agreement and more recently from bilateral Free Trade Agreements. To observe the IP developments in ASEAN over...

To strengthen the capital market, there is a need to integrate the capital markets within the region by removing legal or informal restriction, specifically, stock market liberalization. Thus the paper is to investigate the effects of the subsequent stock market liberalization on stock market integration in 4 ASEAN countries (Malaysia, Indonesia, Thailand, Singapore) and Korea from 1997 to 2007...

The Association of Southeast Asian Nations (ASEAN) has been leading economic integration within many structural changes in the world economy. ASEAN, established 1967, promoted regional since 1976. It started to work toward realizing ASEAN Free Trade Area (AFTA) 1992 and Economic Community (AEC) 2003. finally AEC at end 2015. is most developed advanced East Asia. deepening for next goal, 2025. a...

abstract:the paper begins by noting that proposals involving significant developments in the regional tradearchitecture are being developed within regional processes that in some cases are simultaneouslypursuing other dimensions of regional economic integration: monetary and financial cooperation inthe case of asean + 3, and the establishment of a common market in the case of asean. at leastthr...

The diplomatic ties between Africa and Southeast Asia (SEA) have historically been sporadic and erratic. The only country in the SEA that the first decades after independence maintained a relatively narrower link to some African countries was Indonesia, because of political and ideological reasons. Today, trade has gained momentum, being South Africa, Egypt and Nigeria, the largest trading part...

A multilateral currency union removes the intraregional exchange rates but not the union rate variability with the rest of the world. The intraregional exchange rate variability is thus latent. A two-step procedure is developed to measure the variability. The measured variables are used to model inflation and intraregional trade growth of individual union members. The resulting models form the ...

This study contributes to the on–going worldwide debate on the future form of banking systems by examining the performance of a socialist ASEAN system—Vietnam—with four other ASEAN but capitalist and transition economies—Thailand, Philippines, Indonesia and China. The study finds that over the 1996–2009 period, the Vietnamese banking system may have performed better than the comparator countrie...

In this paper, we examine the stock market efficiency of the members of the Association of South East Asian Nations (ASEAN). We use the conventional individual variance ratio tests like the Lo and MacKinlay (1988) test, Choi (1999) test, Wright (2000) test and Chen and Deo (2006)) test to check for the efficient market hypothesis in these markets. We also perform the spectral shape test of Durl...

46 Finance & Development / September 1998 OVERTY is both more widespread and more persistent in the Philippines than in neighboring ASEAN (Association of South East Asian Nations) countries. While the poverty rate has decreased in the Philippines over the past 25 years, the decline has been slower than in other ASEAN countries. Some of the blame for the Philippines’ slow progress in reducing th...