Economic Integration in Southeast Asia: The Case of the ASEAN Power Grid

• 발행기관: 세종대학교 경제통합연구소
• 저자명: Xunpeng Shi Lixia Yao
• 간행물 정보: 『Journal of Economic Integration』제35권 제1호, 152~171쪽, 전체 20쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2020.03.31

영문 초록

The Association of Southeast Asia Nations (ASEAN) Power Grid (APG) is an interesting case study on how and why beneficial economic integration may not proceed smoothly. This paper explores the discrepancy between the feasible and beneficial prosperity and the current modest progress for the APG, and its reasons and possible solutions informed by lessons from European power market integration. It compares Europe s experiences in energy market integration with the ASEAN s and identifies two models of regional power connectivity: the European Union (EU) and the Nordic Power Pool, respectively. The bottom-up approach in the Nordic Power Pool suggests that the ASEAN could still promote regional power connectivity even without a supranational authority as in the EU. The paper further suggests that the APG should not be limited by political boundaries. Full benefit recognition, cost-benefit sharing, soft enforcement mechanisms, and human capacity building are the ways forward for the ASEAN to attain power connectivity.

목차

I. Introduction

II. Regional Power Connectivity in the ASEAN

III. Approaching Regional Power Connectivity: The European Experience

IV. Europe s Lessons and the Implications for ASEAN Power Market Integration

V. Conclusions

키워드

Economic Integration Power Connectivity ASEAN Power Grid Southeast Asia Europe