Southeast Asia: actual problems of development

[Yugo-Vostochnaya Azia: aktualnye problemy razvitiya] ISSN 2072-8271

Articles

Kanaev Evgeniy , , Vaseneva Ekaterina

The ASEAN Economic Community in the Priorities of Japanese Companies: the Role of Singapore as a Point of Market Entry

ЮГО-ВОСТОЧНАЯ АЗИЯ: АКТУАЛЬНЫЕ ПРОБЛЕМЫ РАЗВИТИЯ, 2020, №3(48), 176-188

Рубрика: АКТУАЛЬНЫЕ ПРОБЛЕМЫ РАЗВИТИЯ ОТДЕЛЬНЫХ СТРАН

 
Annotation: The article explores the potential of Singapore as a point of entry to the market of Association of Southeast Asian Nations (ASEAN) within the framework of the ASEAN Economic Community (AEC). Starting from an analysis of the specificity of AEC as a multilateral project, the paper proceeds with revealing the institutional links between Singapore Business Federation and AEC to finally turn to identifying the extent to which Japanese companies see Singapore’s institutions as mechanisms to expand their presence to the rest of Southeast Asia. In the authors’ opinion, from the ASEAN market entry perspective the potential of Singapore, for all its outstanding achievements as an area of doing business excellence, should not be overestimated.

Keywords: ASEAN Economic Community, market entry, institutions, economic initiatives, Singapore Business Federation, Japanese companie

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