asean intro

7/23/2019 Asean Intro

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ASEAN

The Association of Southeast Asian

Nationsis a political and economic

organization of ten Southeast

Asiancountries. It was formed on 8 August

1967 b Indonesia! "alasia! the #hilippines!

Singapore! andThailand. Since then!

membership has e$panded to

include %runei! &ambodia! 'aos! "anmar

(%urma)! and *ietnam. Its aims include

accelerating economic growth! social

progress! and sociocultural e+olutionamong

its members! protection of regional peace

and stabilit! and opportunities for member

countries to resol+e di,erences peacefull.

AS-A co+ers a land area of /./ million s0uare ilometers! 23 of the

total landarea of the -arth. AS-A territorial waters co+er an area about

three times larger than its land counterpart. The member countries ha+e a

combined population of appro$imatel 645 million people! 8.83 of the

worlds population. In 415! the

organizations combined nominal

:#had grown to more than;Srance and the ;nited ?ingdom.
https://en.wikipedia.org/wiki/Southeast_Asiahttps://en.wikipedia.org/wiki/Southeast_Asiahttps://en.wikipedia.org/wiki/Indonesiahttps://en.wikipedia.org/wiki/Malaysiahttps://en.wikipedia.org/wiki/Philippineshttps://en.wikipedia.org/wiki/Singaporehttps://en.wikipedia.org/wiki/Thailandhttps://en.wikipedia.org/wiki/Bruneihttps://en.wikipedia.org/wiki/Cambodiahttps://en.wikipedia.org/wiki/Laoshttps://en.wikipedia.org/wiki/Myanmarhttps://en.wikipedia.org/wiki/Myanmarhttps://en.wikipedia.org/wiki/Vietnamhttps://en.wikipedia.org/wiki/Economic_growthhttps://en.wikipedia.org/wiki/Social_progresshttps://en.wikipedia.org/wiki/Social_progresshttps://en.wikipedia.org/wiki/Sociocultural_evolutionhttps://en.wikipedia.org/wiki/Landhttps://en.wikipedia.org/wiki/Nominal_GDPhttps://en.wikipedia.org/wiki/Nominal_GDPhttps://en.wikipedia.org/wiki/Southeast_Asiahttps://en.wikipedia.org/wiki/Southeast_Asiahttps://en.wikipedia.org/wiki/Indonesiahttps://en.wikipedia.org/wiki/Malaysiahttps://en.wikipedia.org/wiki/Philippineshttps://en.wikipedia.org/wiki/Singaporehttps://en.wikipedia.org/wiki/Thailandhttps://en.wikipedia.org/wiki/Bruneihttps://en.wikipedia.org/wiki/Cambodiahttps://en.wikipedia.org/wiki/Laoshttps://en.wikipedia.org/wiki/Myanmarhttps://en.wikipedia.org/wiki/Myanmarhttps://en.wikipedia.org/wiki/Vietnamhttps://en.wikipedia.org/wiki/Economic_growthhttps://en.wikipedia.org/wiki/Social_progresshttps://en.wikipedia.org/wiki/Social_progresshttps://en.wikipedia.org/wiki/Sociocultural_evolutionhttps://en.wikipedia.org/wiki/Landhttps://en.wikipedia.org/wiki/Nominal_GDPhttps://en.wikipedia.org/wiki/Nominal_GDP


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ASEAN INTEGRATION

@+er the past 5 ears the economic landscape of Southeast Asia has

been transformed b rapid economic growth and demographic transitions.

%ut countries in the region ha+e also been shaped b institutions for regional

cooperation. The oldest and best nown is the Association of Southeast Asian

ations (AS-A)! which is now entering a new era as it reaches a maor

milestone in 415 B the formation of the AS-A &ommunit.

Strong economic performance has enabled all ten AS-A "emberStates to achie+e signiCcantl higher li+ing standards for its 6 million

women and men. e+ertheless! per+asi+e +ulnerabilit! gender disparities

and high outh unemploment persist in the regions labour marets. This

contrasts with the o+erall purpose of the AS-A &ommunit to build a region

with Dsustained economic growthE accompanied b Dlasting peace! securit

and stabilit as well as shared prosperit and social progressE. 1 An


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important part of the AS-A &ommunit +ision is the establishment of a

globall integrated and competiti+e single maret and production base! built

on the principles of e0uitable economic de+elopment and shared prosperit!

through the AS-A -conomic &ommunit (A-&).4 The A-& reFects the

contemporar economic challenges that "ember States face including

building resilience to global economic +olatilit! maintaining competiti+eness

with the rise of &hina and India! promoting full and producti+e emploment!

and mitigating e$cessi+e ine0ualit. Gowe+er! AS-A actions towards

regional economic integration must not onl respond to maretHrelated

changes in global and regional demand! in+estments! and suppl chains.

The must also constitute selfdetermined and coherent e,orts in deli+ering

on the social obecti+es of the AS-A &ommunit. hether or not the A-&

accelerates social progress in the region will depend hea+il on its labour

maret e,ects. The A-& will impact labour marets directl through the freer

Fow of silled labour and indirectl through trade and in+estmentliberalization measures. Increased openness will also ha+e important

implications for the structure of economies! obs! sills! wages and labour

mobilit. ;nderstanding this dnamic between the A-& and labour marets is

critical in determining whether regional cooperation will beneCt all women

and men in AS-A.

asean intro

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