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After 50 Years of Progress, It’s Time for ASEAN's Next Economic Revolution
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After 50 Years of Progress, It’s Time for ASEAN's Next Economic Revolution

Chandran Nair
World Economic Forum, 2017
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Editorial Rating

8

Qualities

  • Analytical
  • Overview
  • Visionary

Recommendation

The countries of the Association of Southeast Asian Nations (ASEAN) – which celebrates its 50th anniversary in 2017 – have made much progress since the group’s founding. Yet ASEAN members still face challenges: Rapid urbanization is straining the resources of major cities, small farmers in these countries are struggling to survive and deforestation adds to environmental sustainability issues. Author Chandran Nair looks at how far ASEAN countries have come and what they could do to accomplish more in the 21st century. getAbstract recommends this succinct analysis to policy makers and business executives interested in this region.

Take-Aways

  • Countries in the Association of Southeast Asian Nations (ASEAN) have made much progress since the regional group’s founding in 1967, but they need to tackle certain challenges to move forward.
  • The ASEAN bloc’s total forested area has shrunk from 72% in 1970 to 42% in 2017, resulting in air pollution and environmental issues.
  • Growing urbanization has led the populations of 10 major ASEAN cities to swell to more than five million each, straining infrastructure.

About the Author

Chandran Nair is the founder and CEO of the Global Institute for Tomorrow, a think tank.

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