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Article

Institutional Change and Macroeconomic Variables in the ASEAN—Indonesia, Vietnam, and Cambodia: The Effects of a Trade War between China and USA

Faculty Economics and Business, Atma Jaya Catholic University of Indonesia, Jakarta 12930, Indonesia
Academic Editors: E. M. Ekanayake and Bruce Morley
Economies 2021, 9(4), 195; https://doi.org/10.3390/economies9040195
Received: 26 October 2021 / Revised: 30 November 2021 / Accepted: 2 December 2021 / Published: 9 December 2021
(This article belongs to the Special Issue Foreign Direct Investment and Investment Policy)
A trade war between the United States and China resulted in an increase in trade tariffs on imported goods entering each of these countries. Southeast Asian countries that have trade relations with the two countries, especially in terms of non-oil and gas exports of 25% to 35%, will be affected by export demand. Furthermore, the effects of the trade war will reduce gross domestic product (GDP) in Southeast Asian countries or the ASEAN and increase the current account deficit. On the other hand, the effects of the trade war that led to the decision of foreign investors to move their manufacturing base out of China will produce a flow of foreign investment that is ready to be captured by every ASEAN country. View Full-Text
Keywords: institutional change; macroeconomic variables; trade war; ASEAN countries institutional change; macroeconomic variables; trade war; ASEAN countries
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MDPI and ACS Style

Aba, F.X.L. Institutional Change and Macroeconomic Variables in the ASEAN—Indonesia, Vietnam, and Cambodia: The Effects of a Trade War between China and USA. Economies 2021, 9, 195. https://doi.org/10.3390/economies9040195

AMA Style

Aba FXL. Institutional Change and Macroeconomic Variables in the ASEAN—Indonesia, Vietnam, and Cambodia: The Effects of a Trade War between China and USA. Economies. 2021; 9(4):195. https://doi.org/10.3390/economies9040195

Chicago/Turabian Style

Aba, Fransiskus Xaverius Lara. 2021. "Institutional Change and Macroeconomic Variables in the ASEAN—Indonesia, Vietnam, and Cambodia: The Effects of a Trade War between China and USA" Economies 9, no. 4: 195. https://doi.org/10.3390/economies9040195

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