Publication Type

Magazine Article

Version

Publisher’s Version

Publication Date

11-2014

Abstract

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.

Keywords

ASEAN Economic Community, Southeast Asia, economic conditions, economic potential, economic growth

Discipline

Asian Studies | Behavioral Economics | Growth and Development

Publication

Asian Management Insights (Singapore Management University)

Volume

1

Issue

2

First Page

56

Last Page

60

ISSN

2315-4284

Publisher

Singapore Management University, Centre for Management Practice

City or Country

Singapore

Embargo Period

2-7-2017

Copyright Owner and License

Singapore Management University

Additional URL

https://cmp.smu.edu.sg/ami/article/20161111/unleashing-asean%E2%80%99s-potential-through-aec

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