英文摘要 |
ASEAN Economic Community (AEC) seeks to achieve a single market before the end of 2015. Observers see this goal differently. Some consider AEC would bring positive dynamic that facilitates the goal while others are more pessimistic due to ASEAN's weak institutional capability, the low shared ASEAN identity in the region, the lack of necessary resources, huge divergent in many aspects among member states and the harassment resulting from great power politics in Asia. This article investigates the future of AEC by examining the achievement level of goals set by the AEC's blueprint. It involves the dynamic for economic growth and the reduction of development gap and distribution inequality. This paper assumes that should the achievement level is high, AEC could improve its legitimacy for further development; otherwise, it might confront great obstacle ahead. Based on this analytical framework, evidence shows that AEC significantly promotes trade volumes and inward foreign direct investment, but it does not push up economic growth to another level. There's no significant difference of growth momentum before and after the AEC’ introduction. In the distribution aspect, after AEC starts, national income distribution remains unequal in several member states. The distribution of trade benefits, growth momentum and income distribution among states had seen slight improvement but the income gap among AEC members remains extremely huge. |