Arbeitspapier

Is there a Southeast Asian development model?

The 10 states of Southeast Asia have combined to form the developing world's most successful and durable regional grouping, the Association of Southeast Asian Na-tions, ASEAN. Economic integration among them is high and increasing. The ambi-tious ASEAN Economic Community is scheduled to take effect from December 2015, and should further accelerate this integration. But the socio-economic and institution-al disparities among them are also very large. This paper therefore asks the ques-tion, does it make sense to contemplate a 'Southeast Asian development model'? Given this diversity, such a model obviously does not yet exist. But over time, these countries are converging with respect to their openness, their macroeconomic man-agement and some aspects of their social policy. The poorer countries are generally growing faster than the richer ones, suggesting gradual convergence. There are also important spillover and demonstration effects evident from the region's leaders to its followers. Whether these developments will lead to the adoption of some sort of co-herent regional development strategies remains to be seen.

Language
Englisch

Bibliographic citation
Series: Discussion Paper Series ; No. 26

Classification
Wirtschaft
International Institutional Arrangements
Structure, Scope, and Performance of Government
Planning Models; Planning Policy
Economywide Country Studies: Asia including Middle East
Subject
development models
Southeast Asia
regional economic integration

Event
Geistige Schöpfung
(who)
Hill, Hal
Event
Veröffentlichung
(who)
University of Freiburg, Department of International Economic Policy (iep)
(where)
Freiburg i. Br.
(when)
2014

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hill, Hal
  • University of Freiburg, Department of International Economic Policy (iep)

Time of origin

  • 2014

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