AIA, AFTA and domestic private investment

Evidence from Malaysia

Tajul Ariffin Masron, Abu Hassan Shaari Md Nor

Research output: Contribution to journalArticle

Abstract

The ASEAN Free Trade Area (AFTA) was proposed in 1992 and followed by the introduction of the ASEAN Investment Area (AIA) in 1998. Both are meant to promote regional economic prosperity through improvements in regional trade and investment. Unfortunately, to date, there is no clear sign that either AFTA or the AIA can really trigger regional economic activity and, therefore, spur regional economic development. The main point often neglected in literature concerning the implications of AFTA and AIA on regional economic development is the role and development of domestic private investment (DPI). In other words, AFTA and AIA will only result in positive and sustainable economic impacts on regional economic development if such developments followed or supported by the development of domestic private investment in each ASEAN member country. Hence, this study aims to investigate the implication of AFTA and AIA on Malaysian DPI.

Original languageEnglish
Pages (from-to)93-99
Number of pages7
JournalJurnal Ekonomi Malaysia
Volume46
Issue number2
Publication statusPublished - 2012

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Private investment
Malaysia
Free trade area
Regional economic development
Regional economics
Trigger
Economic activity
Economic impact
Prosperity

Keywords

  • AFTA
  • AIA
  • Domestic private investment

ASJC Scopus subject areas

  • Business, Management and Accounting (miscellaneous)

Cite this

Masron, T. A., & Md Nor, A. H. S. (2012). AIA, AFTA and domestic private investment: Evidence from Malaysia. Jurnal Ekonomi Malaysia, 46(2), 93-99.

AIA, AFTA and domestic private investment : Evidence from Malaysia. / Masron, Tajul Ariffin; Md Nor, Abu Hassan Shaari.

In: Jurnal Ekonomi Malaysia, Vol. 46, No. 2, 2012, p. 93-99.

Research output: Contribution to journalArticle

Masron, TA & Md Nor, AHS 2012, 'AIA, AFTA and domestic private investment: Evidence from Malaysia', Jurnal Ekonomi Malaysia, vol. 46, no. 2, pp. 93-99.
Masron, Tajul Ariffin ; Md Nor, Abu Hassan Shaari. / AIA, AFTA and domestic private investment : Evidence from Malaysia. In: Jurnal Ekonomi Malaysia. 2012 ; Vol. 46, No. 2. pp. 93-99.
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