The Potential Development of Trade on Services by Micro Small Medium Enterprises in ASEAN

Koesrianti Koesrianti, Tri Andjarwati

Abstract

Micro, Small and Medium Enterprises (MSMEs) in ASEAN are the backbone of ASEAN economic development regarding to their share of total establishment and absorb employment. The majority type of business of MSMEs in ASEAN, however, is mainly trade of goods. The establishment of the AEC in 2015 will attract investment from foreign countries that provide MSMEs in the region with good prospects including trade on services. MSMEs however have not explored yet the chances offered by free flow of services that expected to bring enormous benefits to MSMEs in ASEAN. The increasing trade on services in this economic globalized digital era, may be construed as economically sound that tends to have efficient allocation of MSMEs resources as economic actors in the AEC scheme. This paper discusses the opportunity of MSMEs in trade on services provided by the AEC economic integration and liberalization through global value chains that would have been achieved by Global ASEAN. It explores trade on services in particular its’ potential in ASEAN single market and production base. It also discusses the Priority Integration Sectors (PIS) of ASEAN as only five service sectors have been agreed in PIS. This became challenge and opportunities for MSMEs in the region.

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Paper Citation


in Harvard Style

Koesrianti K. and Andjarwati T. (2018). The Potential Development of Trade on Services by Micro Small Medium Enterprises in ASEAN.In Proceedings of the 2nd International Conference Postgraduate School - Volume 1: ICPS, ISBN 978-989-758-348-3, pages 708-711. DOI: 10.5220/0007550107080711


in Bibtex Style

@conference{icps18,
author={Koesrianti Koesrianti and Tri Andjarwati},
title={The Potential Development of Trade on Services by Micro Small Medium Enterprises in ASEAN},
booktitle={Proceedings of the 2nd International Conference Postgraduate School - Volume 1: ICPS,},
year={2018},
pages={708-711},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0007550107080711},
isbn={978-989-758-348-3},
}


in EndNote Style

TY - CONF

JO - Proceedings of the 2nd International Conference Postgraduate School - Volume 1: ICPS,
TI - The Potential Development of Trade on Services by Micro Small Medium Enterprises in ASEAN
SN - 978-989-758-348-3
AU - Koesrianti K.
AU - Andjarwati T.
PY - 2018
SP - 708
EP - 711
DO - 10.5220/0007550107080711