bearish

Regional Economics: A Two-Tier ASEAN? Divergent Prospects for the Region's Economies

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514 Views22 Sep 2025 16:06
SUMMARY
  • While Southeast Asian economies have often been grouped under one label, differences in trade, technology, and institutions warrant a more differentiated lens.
  • A group of high performers consisting of Vietnam, Malaysia, and Singapore offers expansive trading relationships, global value chain participation, and political resilience.
  • In contrast, Thailand and Indonesia’s prospects are stymied by reliance on legacy industries or commodities, less open trading arrangements, and chronic institutional fragility.
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