Unleashing ASEAN's potential through AEC

• Main Author: ZINK, Michael
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2014
• Subjects: ASEAN Economic Community; Southeast Asia; economic conditions; economic potential; economic growth; Asian Studies; Behavioral Economics; Growth and Development
• Online Access: https://ink.library.smu.edu.sg/ami/32; https://ink.library.smu.edu.sg/context/ami/article/1018/viewcontent/Unleashing_ASEAN.pdf
• Institution: Singapore Management University

The Association of Southeast Asian Nations (ASEAN) has set an ambitious goal to integrate the economies of its ten members by 2015, a move that is aimed at boosting the bloc’s competitiveness and creating development across the region that is more equitable. With the target date for Southeast Asia's countries to create a single economic market just months away, increasing attention is being paid to the region's vast economic potential. If successful, the formation of the ASEAN Economic Community (AEC) will not only create one of the world’s largest integrated economic spheres, but will add vastly to the appeal of a region that is already benefiting from a trio of powerful global trends: globalisation, urbanisation and digitisation.