AIA, AFTA and domestic private investment: evidence from Malaysia

The ASEAN Free Trade Area (AFTA) was proposed in 1992 and followed by the introduction of the ASEAN Investment Area (AIA) in 1998. Both are meant to promote regional economic prosperity through improvements in regional trade and investment. Unfortunately, to date, there is no clear sign that eithe...

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Main Author: Tajul Ariffin Masron
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2012
Online Access:http://journalarticle.ukm.my/6347/1/jeko_47-1.pdf
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author Tajul Ariffin Masron,
author_facet Tajul Ariffin Masron,
author_sort Tajul Ariffin Masron,
collection UKM
description The ASEAN Free Trade Area (AFTA) was proposed in 1992 and followed by the introduction of the ASEAN Investment Area (AIA) in 1998. Both are meant to promote regional economic prosperity through improvements in regional trade and investment. Unfortunately, to date, there is no clear sign that either AFTA or the AIA can really trigger regional economic activity and, therefore, spur regional economic development. The main point often neglected in literature concerning the implications of AFTA and AIA on regional economic development is the role and development of domestic private investment (DPI). In other words, AFTA and AIA will only result in positive and sustainable economic impacts on regional economic development if such developments followed or supported by the development of domestic private investment in each ASEAN member country. Hence, this study aims to investigate the implication of AFTA and AIA on Malaysian DPI.
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spelling ukm.eprints-63472016-12-14T06:40:55Z http://journalarticle.ukm.my/6347/ AIA, AFTA and domestic private investment: evidence from Malaysia Tajul Ariffin Masron, The ASEAN Free Trade Area (AFTA) was proposed in 1992 and followed by the introduction of the ASEAN Investment Area (AIA) in 1998. Both are meant to promote regional economic prosperity through improvements in regional trade and investment. Unfortunately, to date, there is no clear sign that either AFTA or the AIA can really trigger regional economic activity and, therefore, spur regional economic development. The main point often neglected in literature concerning the implications of AFTA and AIA on regional economic development is the role and development of domestic private investment (DPI). In other words, AFTA and AIA will only result in positive and sustainable economic impacts on regional economic development if such developments followed or supported by the development of domestic private investment in each ASEAN member country. Hence, this study aims to investigate the implication of AFTA and AIA on Malaysian DPI. Penerbit Universiti Kebangsaan Malaysia 2012 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/6347/1/jeko_47-1.pdf Tajul Ariffin Masron, (2012) AIA, AFTA and domestic private investment: evidence from Malaysia. Jurnal Ekonomi Malaysia, 46 (2). pp. 93-99. ISSN 0127-1962 http://www.ukm.my/fep/jem/content/2012-2.html
spellingShingle Tajul Ariffin Masron,
AIA, AFTA and domestic private investment: evidence from Malaysia
title AIA, AFTA and domestic private investment: evidence from Malaysia
title_full AIA, AFTA and domestic private investment: evidence from Malaysia
title_fullStr AIA, AFTA and domestic private investment: evidence from Malaysia
title_full_unstemmed AIA, AFTA and domestic private investment: evidence from Malaysia
title_short AIA, AFTA and domestic private investment: evidence from Malaysia
title_sort aia afta and domestic private investment evidence from malaysia
url http://journalarticle.ukm.my/6347/1/jeko_47-1.pdf
work_keys_str_mv AT tajulariffinmasron aiaaftaanddomesticprivateinvestmentevidencefrommalaysia