Inauguration of the AEC and Its Impacts on Relation between Singapore and Indonesia(5)

Comparative Research on Relationship of Singapore and Indonesia in the AEC Aspect

However, country-level reports are not easily seen as most studies have been focused on the investigation and prediction of the region's general economic situation in the wake of the AEC. In particular, comparative analysis centered on the relationship among the ASEAN members has rarely been made. My quest starts at this point. 

In this paper, at first, I will discuss the perception and the response of two distinguishing economies in the region, Singapore and Indonesia to the formation of the AEC. Singapore, the most advanced economy and Indonesia, the biggest economy has undoubtedly led the ASEAN so far.

Advent of the Era of the AEC and Its Impacts on Singapore and Indonesia(7)

Comparative Study on the Perception and Response of Singapore and Indonesia

My quest starts at this point. 

In this research, largely relied upon the papers from ‘Achieving the ASEAN Economic Community 2015: Challenges for Member Countries & Businesses’ by the ASEAN Studies Centre of the Institute of Southeast Asian Studies in Singapore and other publications of the ASEAN Secretariat in Indonesia, I will discuss the perception and response of two distinguishing economies in the region, Singapore and Indonesia to the formation of the AEC.

 

Advent of the Era of the AEC and Its Impacts on Singapore and Indonesia(5)

Comparative Study on the Perception and Response of Singapore and Indonesia

Under this circumstance, it is no wonder that academic attempts to browse the era of the AEC have been carried out over the past decade. Researches prospecting the possible changes and impacts that AEC may bring to the region have been mainly addressed.

However, country-level reports are not easily seen as most studies have been focused on the investigation and prediction of the region's overall economy in the wake of the AEC. In particular, comparison of the AEC's influence on individual ASEAN member states has rarely been made. My quest starts at this point.

 

Advent of the Era of the AEC and Its Impacts on Singapore and Indonesia(5)

Advent of the Era of the AEC and Its Impacts on Singapore and Indonesia

Under this circumstance, it is no wonder that academic attempts to browse the era of the AEC have been carried out over the past decade. Researches prospecting the possible changes and impacts that AEC may bring to the region have been mainly addressed. 

However, country-level reports are not easily seen as most studies have been focused on the investigation and prediction of the region's overall economy in the wake of the AEC. In particular, comparison of the AEC's influence on individual ASEAN member states has rarely been made. My quest starts at this point.