Research Article
Explaining Intensity of Trade Integration and Tax Policies Towards ASEAN Economic Integration in an Era of Global Competitiveness
@INPROCEEDINGS{10.4108/eai.1-10-2020.2305624, author={Saimul Saimul and Arif Darmawan and Resha Moniyana Putri}, title={Explaining Intensity of Trade Integration and Tax Policies Towards ASEAN Economic Integration in an Era of Global Competitiveness}, proceedings={Proceedings of the First International Conference of Economics, Business \& Entrepreneurship, ICEBE 2020, 1st October 2020, Tangerang, Indonesia}, publisher={EAI}, proceedings_a={ICEBE}, year={2021}, month={4}, keywords={asean economic integration intra-regional trade tariffs tax policies}, doi={10.4108/eai.1-10-2020.2305624} }- Saimul Saimul
Arif Darmawan
Resha Moniyana Putri
Year: 2021
Explaining Intensity of Trade Integration and Tax Policies Towards ASEAN Economic Integration in an Era of Global Competitiveness
ICEBE
EAI
DOI: 10.4108/eai.1-10-2020.2305624
Abstract
The ASEAN Economic Integration guide free flow of services, investment capital, goods, and skilled labor in the region. Highlighting the importance of enhancing intra-regional trade, ASEAN member countries need to diversify several potential sectors within regional offers. Moreover, tax policies among member countries may have contributed to the business cycle and reflect regional integration burdens. This paper ambitions is to address and find a correlation between the intensity of economic/trade integration, tax policies, and business cycle in the form of ASEAN Economic Integration. This paper apply data of real GDP, exchange exports and imports, percentage of tax of GDP, and total trade from five sample ASEAN member countries. The intensity of trade volume with the scheme of economic integration and tax policy changes directly bring impact for business actors. Bringing prosperity and new opportunity for growth engine to the region, the challenge remains to ensure the growth is most-likely inclusive.
