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dc.contributor.authorAbonyi, David
dc.contributor.authorAbe, Masato
dc.coverage.spatialMYANMAR
dc.coverage.spatialSOUTHEAST ASIA
dc.creatorUN.ESCAP
dc.date.accessioned2021-04-27T18:31:34Z
dc.date.available2021-04-27T18:31:34Z
dc.date.issued2017
dc.identifier.isbn9789211207118
dc.identifier.urihttps://hdl.handle.net/20.500.12870/3072
dc.description.abstractWith the ASEAN Economic Community (AEC) coming into effect, the main purpose of this publication is to serve as a resource to businesses, particularly in Myanmar and the other CLMV countries, in navigating the coming changes. The guidebook is divided into three main parts: the introduction provides the background and context of the AEC's development; Section I outlines the main AEC policies and attempts to explain the real-world outcomes of such policies; and Section II then analyses how the policies of the AEC will affect businesses, with a greater focus on SMEs, as they make up the vast majority of businesses in Myanmar and other CLMV countries. The central conclusion of this guidebook is that despite the numerous opportunities the AEC will provide to the private sector, the reality for most CLMV businesses is that they will need to focus, at least initially, primarily on remaining competitive domestically in a more open and regionally integrated environment. This is due to several disadvantages they face in comparison to companies from the more economically powerful countries in the region. This includes underdeveloped domestic and cross-border infrastructure, less competitive human resources, lower quality technology and equipment, and a more challenging business environment. Thus, while some CLMV businesses may be able to benefit from the opportunities to export or link to more efficient production networks, the majority should place greater emphasis on being able to compete against foreign-based businesses expanding into their domestic markets. Although the ASEAN Economic Community has often been discussed as "AEC 2015", it has become increasingly clear that many reforms will not be in place by the official launch date, and that the year 2020 would be a more realistic target for full implementation of the agreement. Consequently, CLMV businesses still have time to prepare for the advent of the AEC by, for example, increasing training of their employees, focusing on product and process innovation, and incorporating more advanced technologies and processes. There is time, too, for CLMV governments and development organizations to address the main impediments to the private sector, such as lack of access to finance, corruption, and insufficient infrastructure.
dc.format.extentxvII, 124 p.
dc.format.mimetypeapplication/pdf
dc.language.isoeng
dc.publisherUnited Nations
dc.relation.ispartofseriesStudies in Trade, Investment and Innovation
dc.rightsThis publication may be reproduced in whole or in part for educational or non-profit purposes without special permission from the copyright holder, provided that the source is acknowledged. The ESCAP Publications Office would appreciate receiving a copy of any publication that uses this publication as a source.
dc.rightsUse may not be made of this publication for resale or any other commercial purpose whatsoever without prior permission. Applications for such permission, with a statement of the purpose and extent of reproduction, should be addressed to the Secretary of the Publications Board, United Nations, New York.
dc.titleWhat the ASEAN economic community will mean for businesses : a look at the case of Myanmar
dc.typeText
dcterms.accessRightsOpen Access
dc.rights.holderUnited Nations
dc.subject.unbistTRADE POLICY
dc.subject.unbistBUSINESS ENTERPRISES
dc.subject.unbistECONOMIC UNIONS
dc.subject.unbistREGIONAL ECONOMICS
escap.publisherPlaceNew York
escap.doctypeReport
escap.programmeOfWorkTrade, Investment & Innovation
escap.programmeOfWorkSubregional Office for South-East Asia
escap.libBibNumber40233
escap.bibLevelSerial
escap.libCallnumberA X(5-012):337.91(59) Uni wh 2016
escap.link.internalLinkhttps://www.unescap.org/publications/what-asean-economic-community-will-mean-businesses-look-case-myanmar-studies-trade-and
escap.countryMyanmar
escap.subregionSouth-East Asia
escap.contactPhone+66 2 288-1234
escap.contactEmail[email protected]
escap.contactUnitTrade, Investment and Innovation Division
escap.ispartofseriesnoStudies in Trade, Investment and Innovation ; No. 86
dc.date.escap2015-12-28
dc.relation.ispartofseriesnoNo. 86


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