ASEAN in Focus: Big Risks, Bigger Rewards

ASEAN in Focus: Big Risks, Bigger Rewards



Home to over 650 million people, ASEAN is poised to become the world’s fourth largest economy by 2050. The region has been rocked by territorial tussles and major political shifts in recent years, but a rapidly growing consumer class, a young and tech savvy population, and vibrant service and manufacturing sectors portend a bright economic future for the region. What are the key obstacles facing businesses and investors in ASEAN? What are the economic prospects for the region, especially as it moves towards deeper integration? How can the region overcome the remaining constraints to development, and take its rightful place as an economic power on the world stage?


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Danny Quah, Dean and Li Ka Shing Professor in Economics, Lee Kuan Yew School of Public Policy, National University of Singapore


James McCormack, Global Head of Sovereign and Supranational Ratings, Fitch Ratings

Naveen Menon, President, ASEAN, Cisco Systems Inc.

Michael W. Michalak, Senior Vice President and Regional Managing Director, US-ASEAN Business Council, Inc.; Former U.S. Ambassador to Vietnam

Nazir Razak, Chairman, CIMB Group

Published February 21, 2020