Date Published: June 2019
Summary: The fifth issue of the ASEAN Economic Integration Brief (AEIB), and the first for this year, will feature an overview of the global and regional economic outlook, a summary of latest updates and progress of the ASEAN Economic Community (AEC), and the latest statistics. Highlighting one of the emerging issues facing the AEC, this issue of the AEIB presents a short article on ASEAN’s work in the area of Good Regulatory Practice (GRP). The article makes an argument for ASEAN Member States (AMS) to observe GRP and the overall vision of ASEAN integration agenda in designing or reviewing existing national and/or sectoral regulations, rules, or initiatives. The Issue also features a contribution from the Under-Secretary-General of the United Nations and the Executive Secretary of the Economic and Social Commission for Asia and the Pacific, Dr. Armida Salsiah Alisjahbana, who underscores the complementarity between the ASEAN Community Vision 2025 and the United Nations 2030 Agenda for Sustainable Development. Dr. Alisjahbana further argues that, moving forward, there is an opportunity to combine the collective knowledge of both the ASEAN and ESCAP secretariats to enable AMS to navigate better their future, which will be highly influenced by emerging phenomenon such as the Fourth Industrial Revolution.