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Full-Text Articles in Business
An Evaluation Of Indonesian Capital Market Co-Integration With Asean 4 To Enter The Asean Capital Market Integration In Accordance To Asean Economic Community (Aec) 2020 Scheme: Should Indonesia Enter Or Postpone?, Barli Suryanta
The Indonesian Capital Market Review
Association of South East Asian Nations (ASEAN) Economic Community (AEC) 2020 has already been declared on 7 October 2003 by ASEAN Concord II in Bali, Indonesia. In general, AEC was designed to prepare ASEAN countries for ASEAN economic integration within the next 10-15 year. ASEAN Free Trade Area (AFTA) had actually been launched since 1992 though was not comprehensive enough and kept ASEAN only partially integrated. To overcome it, ASEAN proposed inancial integration through capital market integration based on AEC commitment in order to reach comprehensive ASEAN economic integration. Indonesia is one of the ASEAN members that is linked by …