ECONOMIX 8TH ACFTA Influences toward Asia's Economic Growth

ECONOMIX 8TH

ACFTA Influences toward Asia's Economic Growth

Sunday, December 30, 2012

2:34 PM

-ini adalah paper pertama saya di tingkat internasional. Waktu itu masih semester 2 akhir..hehe.dengan modal bahasa inggris pas-pasan, dan kemampuan menulis yang otodidak. Untuk widi anak AFS satu ini mau diajakin jadi tim..senangnya:). Banyak belajar dari widi…

Paper ini dibuat di Bukittinggi-Padang-Solok..sembari mengisi liburan semester…kita ganti-gantian ketemuan karena kita tingal di kota yang berbeda di Sumatera Barat. Alhamdulillah…jadi semifinalist…bersyukur banget banyak pengalaman..apalagi kenalan dengan student dari luar Indonesia-

“An Overview of Influence of ACFTA to China – ASEAN –Asia Relations: Prospect and Challenge” 

By:

Rahma Suci Sentia 0906558874 (Accounting 2009)

Widya Fitri 0906561446 (International Relationship 2009)

  

Abstract: China is a big economic actor play a significant role in any investment exchanges and international trade recently in greater trade and investment volume, especially after ACFTA first term conduction in the beginning of 2010. This agreement influence not only ASEAN and China but also Asia social, economic, politic sector. This paper discusses an overview of influence of ACFTA to China, ASEAN, and Asia. Firstly, the paper shows Asia's recent economic outlook and ASEAN – China relations in economic term. Then, it provides several representative Asia's countries in developed, developing and under developing categories and looks influence of ACFTA to Asia's member's economic growth.

Last but not least, it analyzes the prospects and the challenges that are going to be faced in the future by members and non-members of ACFTA. This paper supports ACFTA's implementation due to the reason that ACFTA contains a good aspect on supporting Asia's economic growth. But Asia must prepare maturely in facing influence of ACFTA. Moreover, China must modify free trade system so it can be suitable with Asia’s environment and condition, such as most Asia’s country that is still in developing and under developing countries categories and also the existence of Islamic economic in Asia.

Keyword: ACFTA, Asia, relations, prospect, challenge