ASEAN External Orientation and PRC'S Growing Influence Post-AEC, Trade in Goods Perspectives

Wibisono, Hanif and Sudiarto, Tatok Djoko (2024) ASEAN External Orientation and PRC'S Growing Influence Post-AEC, Trade in Goods Perspectives. Artikel Karya Ilmiah Mahasiswa.

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Abstract

This study investigates the ASEAN trade interdependency both with intra-regional and extraregional partners before and after the implementation of the ASEAN Economic Community (AEC). Specifically, the study focuses on the People’s Republic of China (PRC) and its influence on ASEAN trade in goods (TIG). By analysing statistical trends from 2016 to 2022, author compares the postAEC period with the decade preceding AEC implementation in 2006-2015. This research deploys statistics as a pivotal role in addressing the research questions, considering their reliability and precision. Statistics were the primary tool for verification and clarification of the export and import trends across prominent markets. Additionally, the study scrutinizes commodities of strategic importance and explores the complex dynamics that shape trade interdependency. This study relies on perspectives from neoliberalism school of thoughts taking into consideration its strong relevance with the ASEAN Dialogue Partners dynamic relations. Key findings include: 1) the share of intra-regional trade within ASEAN remained stagnant pre- and post- AEC. On the other hand, ASEAN-PRC TIG experienced rapid growth post-AEC, eliminating its substantial gap with intraregional trade, 2) Post-AEC, PRC had a more pronounced impact on ASEAN imports rather than exports, 3) Vietnam was most important driver of ASEAN-PRC enhanced trade relation over the two periods, and 4) Electronics emerged as the primary driver of ASEAN-PRC TIG growth, maintaining market concentration in both regional exports and imports. This research sheds light on the evolving aspects of ASEAN trade and underscores the significance of the ASEAN-PRC relationship in the context of regional economic integration.

Item Type: Article
Subjects: J Political Science > JZ International relations
Divisions: Fakultas Falsafah dan Peradaban > Hubungan Internasional-S2
Depositing User: Mr Aditio Setyawicaksono
Date Deposited: 02 Aug 2024 02:42
Last Modified: 02 Aug 2024 02:42
URI: http://repository.paramadina.ac.id/id/eprint/1659

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