ASEAN
This presentation is the property of its rightful owner.
Sponsored Links
1 / 27

Enabling Business. Empowering Consumers. PowerPoint PPT Presentation


  • 52 Views
  • Uploaded on
  • Presentation posted in: General

ASEAN. INTEGRATION. ///////////////// 2015. Undersecretary Nora Kakilala Terrado Department of Trade and Industry. 2 June 2014 Marco Polo Plaza Hotel Cebu City. Enabling Business. Empowering Consumers. ASEAN . ECONOMIC . COMMUNITY. 2 0 1 5.

Download Presentation

Enabling Business. Empowering Consumers.

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Enabling business empowering consumers

ASEAN

INTEGRATION

///////////////// 2015

Undersecretary Nora Kakilala Terrado

Department of Trade and Industry

2 June 2014

Marco Polo Plaza Hotel

Cebu City

Enabling Business. Empowering Consumers.


Enabling business empowering consumers

ASEAN

ECONOMIC

COMMUNITY

2 0 1 5

Enjoy the Video Presentation: GET READY FOR THE AEC


Characteristics of aec

Characteristics of AEC

Single Market

and

Production Base

Competitive Economic Region

Equitable Economic Development

Integration into Global Economy


Enabling business empowering consumers

LEVELS OF ECONOMIC INTEGRATION

Economic Union

Common market status plus harmonization of fiscal & monetary policies

ASEANis FTA-Plus:

Conventional areas of goods and services;

PLUS

other areas such as investments, government procurement, competition, intellectualproperty, et al.

Common Market

Customs union status plus free movement of labor & capital

Customs Union

Free trade among members and

adopt common external trade policies

Free Trade Area

All trade barriers in Goods & Services removed among members but each retain own barriers with the

Rest of the World (ROW)

Preferential Trading Area

Lower trade barriers among members


Enabling business empowering consumers

Economic Partnership Agreement (EPA) Conventional areas of goods and services;

plus other areas such as investments, government procurement, competition, intellectual property, etc.

Free Trade Area

  • All trade barriers in Goods & Services removed among members but each retain own barriers with ROW

  • Free Trade Area

  • All trade barriers in Goods & Services removed among members but each retain own barriers with ROW


Enabling business empowering consumers

THE AEC BLUEPRINT

Adopted by ASEAN leaders in 2007, it lays down the roadmap toward an ASEAN Community in 2015

Political-Security

Economic

Socio-Cultural


Enabling business empowering consumers

AEC BLUEPRINT COMPLIANCE

`

  • ASEAN Trade in Goods Agreement (ATIGA)

    • Trading of up to 99.65% of goods at zero tariff

    • Since 2010

  • ASEAN Framework Agreement in Services (AFAS)

    • Mutual Recognition Arrangements (MRAs)

      (1) Accountancy services (2) Architectural services (3) Dental practitioners (4) Engineering services (5) Medical practitioners (6) Nursing services (7) Surveyors (8) Tourism

ASEAN neighbours are continually improving their competitiveness


Enabling business empowering consumers

ASEAN Ranking in Global Competitiveness

Innovation and Sophistication Factors

Basic Requirements

Efficiency Enhancers

Ref. The Global Competitiveness Report 2013-2014 by the World Economic Forum


Philippines global competiveness index

PhilippinesGlobal Competiveness Index

Ref. The Global Competitiveness Report 2013-2014 by the World Economic Forum


Areas of strengths weaknesses in labor market efficiency

Areas of Strengths & Weaknesses in Labor Market Efficiency

PhilippinesGlobal Competiveness Index

Ref. The Global Competitiveness Report 2013-2014 by the World Economic Forum


Comparative labor market efficiency

Comparative Labor Market Efficiency

Ref. The Global Competitiveness Report 2013-2014 by the World Economic Forum


Pattern of labor migration in asean

Pattern of Labor Migration in ASEAN

Countries of Destination:

Thailand

Malaysia

Singapore

  • Push Factors

    • Slow growth

    • High unemployment rate (origin)

    • Better wages (destination)

    • Labor export policy

  • Pull Factors

    • Rapid growth

    • Labor shortage

    • Changing demographics

    • Labor market needs

`


Enabling business empowering consumers

RESTRICTIONS ON PROFESSIONALS’ MOBILITY

  • “Free” flow of skilled labor

    • Most member states apply domestic rules and regulations and impose restrictions on foreign nationals

    • Mobility of ASEAN professionals dependent on member states’ unilateral moves to change domestic rules and regulations


Prospects and challenges

Prospects and Challenges

  • Prospects

    • Labor exports

      • strong inward remittances

    • Opportunity to enhance the labor markets

      • quality/quantity of labor

      • education

    • Labor cooperation and dialogues with partners

    • Brain gain & Brain re-gain

  • Challenges

    • Competitive pressures

    • Paucity of talents needed for our growth

    • Social effects

    • Brain Drain


Nature of competitive advantage

NATURE OF COMPETITIVE ADVANTAGE

1 = low cost labor or natural resources; 7 = unique products and processes

3

5

6th of 10 in ASEAN

67th of 148 globally

2

1

4

Source: The Global Competitiveness Report 2013-2014


Recommended focus areas on our way forward in aec 2015

PEOPLE DEVELOPMENT

Recommended Focus Areas on our Way Forward in AEC 2015

COMPETITIVENESS

INNOVATION

REGULATORY REFORMS

CHANGE IN MINDSET


Enabling business empowering consumers

Thank you.

Enjoy the Video Presentation: ASEAN Song


Enabling business empowering consumers

Annexures


Extent of staff training

EXTENT OF STAFF TRAINING

1 = not at all; 7 = to a great extent

3rd of 10 in ASEAN

27th of 148 globally

Source: The Global Competitiveness Report 2013-2014


Reliance on professional management

RELIANCE ON PROFESSIONAL MANAGEMENT

1 = usually relatives or friends without regard to merit;

7 = mostly professional managers chosen for merit and qualifications

3rd of 10 in ASEAN

32nd of 148 globally

Source: The Global Competitiveness Report 2013-2014


Capacity for innovation

CAPACITY FOR INNOVATION

1 = not at all; 7 = to a great extent

5th of 10 in ASEAN

48th of 148 globally

Source: The Global Competitiveness Report 2013-2014


Effect of taxation on incentives to work

EFFECT OF TAXATION ON INCENTIVES TO WORK

1 = not at all; 7 = to a great extent

7th of 10 in ASEAN

40th of 148 globally

Source: The Global Competitiveness Report 2013-2014


Pay and productivity

PAY AND PRODUCTIVITY

1 = significantly reduce the incentive to work; 7 = do not reduce incentive to work

9th of 10 in ASEAN

44th of 148 globally

Source: The Global Competitiveness Report 2013-2014


Country capacity to retain talent

COUNTRY CAPACITY TO RETAIN TALENT

1 = the best and brightest leave to pursue opportunities in other countries;

7 = the best and brightest stay and pursue opportunities in the country

8th of 10 in ASEAN

71th of 148 globally

Source: The Global Competitiveness Report 2013-2014


Country capacity to attract talent

COUNTRY CAPACITY TO ATTRACT TALENT

1 = the best and brightest leave to pursue opportunities in other countries;

7 = the best and brightest stay and pursue opportunities in the country

9th of 10 in ASEAN

86th of 148 globally

Source: The Global Competitiveness Report 2013-2014


Flexibility of wage determination

FLEXIBILITY OF WAGE DETERMINATION

1 = by a centralized bargaining process; 7 = by each individual company

9th of 10 in ASEAN

109th of 148 globally

Source: The Global Competitiveness Report 2013-2014


Hiring and firing practices

HIRING AND FIRING PRACTICES

1 = heavily impeded by regulations; 7 = extremely flexible

10th of 10 in ASEAN

117th of 148 globally

Source: The Global Competitiveness Report 2013-2014


  • Login