Wednesday, August 3, 2011

ASEAN members start moves to harmonize policies

1. To improve and harmonize trade and investment policies
2. ERIA is the Economic Research Group for ASEAN and East Asia and they plan to help countries identify commitments that will deliver the best results toward integration
3. The ASEAN Economic Community, for which ERIA is reviewing financial standards
4. Trade and Transport, Services and Investment Facilities
5. Every year
6. Possible tools members can use to pursue effective reforms
7. Dato Lim Jock Hoi (Brunei Ministry of Foreign Affairs Permanent Secretary) Brunei has a population of 401890 and a GDP of $20382000000000, the population is smaller but the GDP larger than those of Australia
8. A more linked consensus on policy making and economic reform
9. I think it is terrible for Australia to be tied to economies so slow in their reform (with the exceptions of Singapore and Brunei) and it would be detrimental is our policies (meant for our country alone) were to be replaced with a larger plan for a collective economy that clearly won't work.