
Synopsis
As we set our eyes on the long horizon of economic integration we should not neglect the important role ASEAN can play in the wider region today.
Commentary
RSIS – THIS HAS been a year of high expectations and of disappointment in Southeast Asia. Rarely has the economic and strategic importance of the region been as apparent. As China’s economy transitions towards “a new normal” marked by lower growth, structural and financial reform, and as the other BRICS markets have also slowed, investors have looked to ASEAN, with its favourable demographics and market-oriented economies, as both an alternative and a complementary market to China.