UNIVERSITAS AIRLANGGA



Detail Article

Jurnal Analisis Hubungan Internasional

ISSN 2302-8777

Vol. 5 / No. 3 / Published : 2016-03

Order : 19, and page :226 - 238

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Original Article :

Upaya asean menghadapi disparitas finansial dalam proses integrasi finansial regional: studi kasus asean banking integration framework (abif)

Author :

  1. Marchella Dwi Permatasari*1
  1. Mahasiswa Fakultas Ilmu Sosial dan Ilmu Politik

Abstract :

Financial disparity that is faced by ASEAN is one of many factors that hampers the process towards financial integration under the name of ASEAN Banking Integration Framework (ABIF). ABIF is an financial and banking integration framework that is overseen by ASEAN Financial Integration Framework (AFIF). In the year 2011, ABIF was adopted as a pillar intended to support AFIF’s integration project. ABIF were intended to open a freer access to market transactions  in ASEAN. Other than that, countries that intends to integrate into ABIF, must register their banks for qualifiqation to be listed as Qualified ASEAN Banks (QABs). QABs is a group of banks from ASEAN that had fulfilled preconditions according to the agreement ratified by ASEAN countries. The needs for these procedures is because ABIF integration will be conducted in bilateral and multilateral in which there will be differences in the capabilities of ASEAN countries in conductiong integration as between ASEAN5 (Indonesia, Singapore, Malaysia, Phillipine, and Thailand) and BCLMV (Brunei Darussalam, Cambodia, Laos, Myanmar, and Vietnam). Hence, this paper is intended to find out what kind of efforts conducted by ASEAN towards overcoming financial disparity in relations to the financial and banking integration, ABIF. the author will use functionalism theory to look at things which hampers integration and ASEAN policymaking mechanisms.  Eventually, we will see how ASEAN deals with the challenges towards conducting banking and financial integration.

Keyword :

MEA, ABIF, Financial Disparity, Functionalism Theory, Financial Integration,


References :

Thomas Gehring,(1996) Integrating Integration Theory: Neo-Fuctionalism and International Regimes Integration vol. 10 No.1 : Global Society





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