| dc.description.abstract | ASEAN Economic Community 2015 scheduled free flow of goods, services and human resources among its member countries. Therefore, in the presence of economic cooperation of ASEAN+6, it is important to investigate further the readiness of the services sector especially financial sector among ASEAN+6 members toward AEC 2015. This research attempts to analyze the relationship among financial development variables and trade to the economic growth of ASEAN+6 using panels static data and the comparative advantage of the financial service sector ASEAN+6 using RCA (Revealed Comparative Advantage). The results shows that the variables such as Domestic Credit Provided by Banking Sector (DCBS), Broad Money (M2), and Trade strongly affect to economic growth of ASEAN+6’s developed countries, otherwise DCBS, Government Expenditure (GOV) and Trade strongly affect to economic growth of ASEAN+6’s developing countries. The best comparative advantage of financial service sector owned by Singapore, while Indonesia has not shown the optimal comparative advantage. | en |
