Economic progression of ASEAN - a comparative analysis of selected ASEAN economies

Laique, Usama; Abdullah, Fahad; Khan, Shahwali; Rehman, Ijaz Ur

doi:10.1504/ijepee.2019.098701

Cited by 3 publications

(2 citation statements)

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“…The construction of toll roads is considered one of the investments of government that can create new jobs, reduce transportation and production costs, develop community social activities, and increase economic growth and living standards. The results of several studies show that there is a positive relationship between infrastructure development and economic productivity (Annala et al, 2008;Aschauer, 1989;Esfahani & Ramírez, 2003;Laique et al, 2019). Infrastructure development can be a means of community economic activities.…”

Section: Introductionmentioning

confidence: 99%

The Effect of the Operational Exit Tolls on the Welfare of the Local Community

2022

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Infrastructure is a part of accelerating economic growth. Theconstruction of toll roads can provide positive and negative impacts.The existence of toll roads can reduce transportation and productioncosts, which will increase domestic and international marketefficiency. However, the construction of toll roads is feared can killsmall businesses. Studies of the effect of operational exit tolls onwelfare are still limited in Indonesia. This study was conductedto identify the impact of toll roads on community welfare in thePandaan-Malang exit tolls area. Using paired t-test and the clusteranalysis method showed that the positive and negative impacts oftoll roads construction on the community in the exit tolls area arevaried for each cluster. This study can be used as the basis forformulating policies for communities affected by operational exit tolls,in particular. Creating new economic centers in the exit tolls based onlocal uniqueness can minimize the negative impacts on communities.How to Cite:Dwiputri, I.N., Allo, A.G., Yusida, E. & Seprillina, L. (2022). The Effect of the Operational Exit Tolls on the Welfare of the Local Community. Signifikan: Jurnal Ilmu Ekonomi, 11(1), 73-82. https://doi.org/10.15408/sjie.v11i1.22108.

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Section: Introductionmentioning

confidence: 99%

The Effect of the Operational Exit Tolls on the Welfare of the Local Community

2022

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“…Many scientists explore economic progression of ASEAN (Laique et al, 2019) due to China's trade and investment expansion (Thaib, Hakimah, and Yolanda, 2020) as well as Taguchi et al (2014) and others do. In the last decade, China's export share has risen in ASEAN countries trade turnover, reflecting their strengthening trade linkages with China as a global manufacturing base.…”

Section: Literature Reviewmentioning

confidence: 99%

The Belt and Road Initiative as a New China’s Foreign Economic Policy towards the ASEAN Countries

Maxim¹,

Elena²,

Anna³

et al. 2020

IJEBA

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Purpose: The article deals with an ambitious transport and economic project "the Belt and Road Initiative" (BRI), also known as "One Belt One Road" or "New Silk Road". It entails achievement of economic prosperity by the countries along the Silk Road, their sustainable economic development and strengthening the cooperation between the regions. Design/Methodology/Approach: The subject of this research allows for using a combination of various methods and approaches, such as comparative method, statistical, systematic approach, structural and dynamic analysis, which form the methodological basis of the research. Content analysis and synthesis methods were applied to identify the ideological content and essence of the Chinese BRI towards the ASEAN countries. Findings: The authors have identified that the ASEAN countries are involved in the BRI due to development of China Indochina Peninsula Economic Corridor (CICPEC) and the 21st Century Maritime Silk Road. Strategic areas, such as sustainable infrastructure, digital innovation, seamless logistics, and people mobility have been investigated to build up a regional network of people and infrastructure. The authors have come to the conclusion, that CICPEC has a great impulse to launch a new era of China-ASEAN cooperation. Practical implications: On the basis of the analysis of the China-ASEAN cooperation, the authors have pointed out the most prospective spheres for further strengthening their links. Besides, the authors have evaluated the potential risks for both sides. Originality/Value: The analysis of evolution of the China-ASEAN relations provides the understanding of China's interests in the ASEAN partnership.

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