What are some of the challenges towards political security and economic integration in ASEAN?

Essential complex challenges faced include the rise of China, unresolved territorial conflicts and maritime disputes, rigid application of non-interference principles in the internal affairs of the local states, and the failure of ASEAN in protecting human rights regionwide.

Is ASEAN political globalization?

Abstract. The establishment of ASEAN (Association of Southeast Asian Nations) as one of the most highly-integrated regional organizations is the reflection of the process of globalization. This high integration is characterized by international cooperation in economic, social and political policies.

What are the challenges of ASEAN integration?

ASEAN is also constrained by other key challenges, including corruption, demographic changes, uneven social development, disparities in economic development and technology adoption, environmental degradation, and other issues related to politics and the rise of authoritarianism.

What is the purpose of the Asean economic Community?

So while companies may access cross-border exchanges with increasing ease on the one hand, they may still face distinct and possibly conflicting laws and regulations on the other. Alongside the AEC’s goals of free movement of goods are concerns for intellectual property right (“IPR”) protection for those goods.

What is the biggest challenge to Asean identity building?

But ASEAN’s identity-building project is now being challenged by both internal and external challenges, including intra-ASEAN tensions, the rise of China and India, economic globalisation, transnational threats, and the spectre of renewed great power Page 13 37 The Evolution and Limitations of ASEAN Identity (US–China) …

Why ASEAN is important economic and political asset?

ASEAN was established in August 1967 with the purpose of accelerating the economic growth, social progress, and cultural development in the region, and promoting regional peace and stability.

What is the purpose of Asean Economic Community?

ASEAN ECONOMIC COMMUNITY Its goal is to create a stable, prosperous and highly competitive ASEAN economic region in which there is a free flow of goods, services, investment and a freer flow of capital, equitable economic development and reduced poverty and socio-economic disparities in year 2020.