ASEAN Law in the New Regional Economic Order: Global Trends and Shifting Paradigms

doi:10.1017/9781108563208

The fast-growing last decade of strong economic growth of the Association of Southeast Asian Nations (ASEAN) has played a critical role in Asia-Pacific regionalism and global trade. This book explores the concept of ASEAN law under the normative framework of the new regional economic order. It examines the roadmap of the new ASEAN Economic Community Blueprint 2025 by evaluating the impact of ASEAN trade agreements on domestic legislation on professional services, financial integration, investment disputes and digital trade. More importantly, it sheds light on the legal implications of ASEAN's agreements with China and India and the potential developments of mega-regional trade agreements such as the CPTPP and the RCEP. Hence, the legal analysis and case studies in the book offer a fresh view of Asia-Pacific integration and bridge the gap between academia and practice.

‘This volume makes a valuable contribution to debates on regional and international economic integration at a time when both are under threat. The editors have assembled an outstanding list of legal experts from across Asia and beyond to reflect on ASEAN, exploring questions of global relevance in areas including digital trade, investment liberalization, and financial integration.'

Tania Voon - University of Melbourne

‘Edited by two leading experts in international economic law and regional integration, this volume is an indispensable resource for anyone interested in understanding ASEAN's implications for regional governance, as well as its impact on the future of goods, services and investment regulations in the Asia-Pacific and beyond.'

Markus Wagner - University of Wollongong and Executive Vice President, Society of International Economic Law

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Contents

ASEAN Law in the New Regional Economic Order
pp i-ii
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ASEAN Law in the New Regional Economic Order - Title page
pp iii-iii
Global Trends and Shifting Paradigms
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Copyright page
pp iv-iv
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Contents
pp v-vii
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Figures
pp viii-viii
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Tables
pp ix-ix
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Notes on Contributors
pp x-xviii
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Preface
pp xix-xx
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Abbreviations
pp xxi-xxiv
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Part 1 - ASEAN Agreements in the Global Context
pp 1-82
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1 - ASEAN Law in the New Regional Economic Order: an Introductory Roadmap to the ASEAN Economic Community
pp 3-21
- By Pasha L. Hsieh, Bryan Mercurio
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2 - The ASEAN Trade in Goods Agreement: Evolution and Regional Implications
pp 22-45
- By Minh Hue Nguyen, Deborah Elms, N Lavanya
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3 - Building toward the RCEP? Reflections on the ASEAN-China FTA
pp 46-63
- By Heng Wang
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4 - Dispute Settlement Provisions in ASEAN’s External Economic Agreements with China, Japan and Korea
pp 64-82
- By Henry Gao
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Part 2 - Services Trade and Financial Integration
pp 83-206
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5 - Moving toward Liberalization: the ATISA and Beyond
pp 85-110
- By Bryan Mercurio
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6 - Challenges of ASEAN MRAs on Professional Services
pp 111-128
- By Yoshifumi Fukunaga
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7 - Banking Integration in ASEAN and the Challenges of Regulatory Cooperation
pp 129-148
- By Federico Lupo-Pasini
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8 - The Shifting Sands of Capital Market Development and Integration in ASEAN: the Case of the Philippines and Indonesia
pp 149-167
- By Michelle Dy
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9 - Transnational Legal Services in Asia: Legal Implications of the AEC and the CPTPP
pp 168-185
- By Pasha L. Hsieh
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10 - ASEAN Air Transport Integration and Liberalization: A Slow but Practical Model
pp 186-206
- By Jae Woon Lee
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Part 3 - Investment Liberalization and Protection
pp 207-314
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11 - Investment Liberalization in ASEAN: Moving from Myths to Reality
pp 209-231
- By Sufian Jusoh
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12 - The ACIA: Much More Than a BIT of Protection for Foreign Investors?
pp 232-251
- By Julien Chaisse
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13 - Fragmented Approaches to Investor-State Dispute Settlement Mechanisms in Intra-ASEAN And Extra-ASEAN Investment Treaties
pp 252-270
- By Trinh Hai Yen
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14 - Pro-Development Dispute Resolution Mechanisms and Norms for Investment and Commercial Disputes in ASEAN
pp 271-291
- By Man Yip
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15 - The AEC and Regulatory Reforms in CLMV Countries with a Special Focus on Myanmar
pp 292-314
- By Nimnual Piewthongngam
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Part 4 - Intellectual Property, Digital Trade and Consumer Protection
pp 315-420
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16 - Free Movement of Goods and Intellectual Property Exhaustion in ASEAN: a Road Block in the ASEAN Way?
pp 317-341
- By Irene Calboli
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17 - Legal and Regulatory Challenges to Facilitating e-Commerce in ASEAN
pp 342-370
- By Eliza Mik
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ASEAN Law in the New Regional Economic Order

Global Trends and Shifting Paradigms

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