Abstract

Abstract:

Over the past five decades, the Association of Southeast Asian Nations (ASEAN) has made tremendous economic progress. While the continuous improvements in the region’s macroeconomic indicators might give the impression that this growth trend can be sustained smoothly in the long run, that might not necessarily be the case. In this paper, three imminent challenges are discussed — changing patterns of investment, slowing productivity, and the China factor. For the Association to cope with these risks and forge new development paths, structural reforms within, and deeper integration between its member states are imperative.

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Additional Information

ISSN
2339-5206
Print ISSN
2339-5095
Pages
pp. 2-12
Launched on MUSE
2018-05-03
Open Access
No
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