Southeast Asia: Is Regional Integration to the Benefit of Global Competitiveness?
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22 April, 2014 | (01 hr)
While there is wide diversity in performance across countries in the region, the Southeast Asian economy is showing itself as an increasingly strong contender in terms of growth and competitiveness compared to, for example, China or India. Despite more intense cooperation within ASEAN, the economies have mostly focused on positioning themselves individually in the global value and supply chains, benefiting from their comparative strengths through exports of energy, commodities, agricultural products, or low-cost manufacturing.
Will the creation of the ASEAN Economic Community (ACE) by 2015, which will support free trade in goods and services and greater mobility of capital and labor, help to create a stronger economy, domestically and internationally, in Southeast Asia?
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Vikram Nehru is a senior associate in the Asia Program and Bakrie Chair in Southeast Asian Studies at the Carnegie Endowment for International Peace. An expert on development economics, growth, poverty reduction, debt sustainability, governance, a... Full Bio
Bart van Ark, Ph.D.
Bart van Ark is executive vice president, chief economist & chief strategy officer of The Conference Board. He leads a team of almost two dozen economists in New York, Brussels and Beijing who produce a range of widely watched economic indicat... Full Bio