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Is there a southeast Asian development model?

Hill, Hal

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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 Nations, ASEAN. Economic integration among them is high and increasing. The ambitious ASEAN Economic Community is scheduled to take effect from December 2015, and should further accelerate this integration. But the socio-economic and institutional disparities among them are also very large. This paper therefore asks the question, does it...[Show more]

dc.contributor.authorHill, Hal
dc.date.accessioned2015-12-13T22:27:34Z
dc.identifier.issn0126-5350
dc.identifier.urihttp://hdl.handle.net/1885/73992
dc.description.abstractThe 10 states of Southeast Asia have combined to form the developing world's most successful and durable regional grouping, the Association of Southeast Asian Nations, ASEAN. Economic integration among them is high and increasing. The ambitious ASEAN Economic Community is scheduled to take effect from December 2015, and should further accelerate this integration. But the socio-economic and institutional disparities among them are also very large. This paper therefore asks the question, 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 management 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 coherent regional development strategies remains to be seen.
dc.publisherUniversity of Malaya
dc.sourceMalaysian Journal of Economic Studies
dc.subjectKeywords: Development models; Regional economic integration; Southeast Asia
dc.titleIs there a southeast Asian development model?
dc.typeJournal article
local.description.notesImported from ARIES
local.identifier.citationvolume51
dc.date.issued2014
local.identifier.absfor140200 - APPLIED ECONOMICS
local.identifier.ariespublicationU3488905xPUB3920
local.type.statusPublished Version
local.contributor.affiliationHill, Hal, College of Asia and the Pacific, ANU
local.description.embargo2037-12-31
local.bibliographicCitation.issueSPEC. ISSUE
local.bibliographicCitation.startpage89
local.bibliographicCitation.lastpage111
dc.date.updated2020-11-15T07:21:17Z
local.identifier.scopusID2-s2.0-84903846477
CollectionsANU Research Publications

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