Publication Type

Book Chapter

Version

acceptedVersion

Publication Date

3-2019

Abstract

The establishment of the AEC in December 2015 marked an important milestone in the acceleration of regional economic integration. In the next ten years, according to the AEC Blueprint 2025, an area of focus for ASEAN is the development and promotion of MSMEs. Transnational transactions within and with ASEAN will therefore continue to rise, which will undoubtedly lead to a concomitant increase in the volume as well as the complexity of disputes. This chapter explores the strategic development of innovative approaches to facilitate the resolution of investor-state and commercial disputes in ASEAN. It argues that the creation of new dispute settlement mechanisms will enhance the economic development of ASEAN states, drive the growth of small and medium enterprises and ultimately achieve the wider objective of more equitable and inclusive economic growth in the region.

Discipline

Asian Studies | Commercial Law | Dispute Resolution and Arbitration

Research Areas

Private Law

Publication

ASEAN Law in the new regional economic order: Global trends and shifting paradigms

Editor

Pasha Hsieh and Bryan Mercurio

First Page

271

Last Page

291

ISBN

9781108563208

Identifier

10.1017/9781108563208.015

Publisher

Cambridge University Press

City or Country

Cambridge

Copyright Owner and License

Authors

Additional URL

https://doi.org/10.1017/9781108563208.015

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