22 April, 2014 | (01 hr)
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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, and the performance and prospects of East Asia, his...Full Bio
Bart van Ark
Bart van Ark is executive vice president and global chief economist of The Conference Board, a global business research think tank headquartered in New York...Full Bio