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Southeast Asia
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Access Level: 1
Author: Beth Mattson-Teig
Publication Date: October-2015
Document Type: Report
Publisher: CoreNet Global
Number Of Pages: 14
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Copy for direct access to this resources: https://resources.corenetglobal.org/knowledgecenteronline/SearchByTopicAndResource.aspx?ID=7387
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Knowledge Topics:
Location Strategies,Market Conditions
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Description:
The Association of Southeast Asian Nations (ASEAN) is a coalition of 10
diverse nations that include Brunei, Cambodia, Indonesia, Laos (Lao People’s
Democratic Republic), Malaysia, Myanmar, the Philippines, Singapore, Thailand
and Vietnam. Over the past decade, these ASEAN countries have experienced robust
economic development and continued urbanization, with a surge in growth coming
from emerging countries in particular. The region combined represents the
seventh largest economy in the world with 2014 GDP output that topped USD $2.5
trillion. And despite a global slowdown, the average annual growth rate for the
region for the next four years (2015-2019) is forecast to remain at a healthy
5.6 percent growth rate.
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Keywords:
Regional Report, ASEAN, Diversity, Growth, Investment
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