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2023 | OriginalPaper | Chapter

Southeast Asia

Author : Denis Kalashnikov

Published in: World Economy and International Business

Publisher: Springer International Publishing

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Abstract

Achievements and challenges of economic development, as well as patterns of participation in the global economy of ASEAN (Association of Southeast Asian Nations) countries, are analysed. The chapter argues that partial industrialisation, weakness of local innovation systems, excessive dependence on foreign investment and involvement in the global value chains of Asian developed economies prevent ASEAN countries from becoming an independent centres of the world economy.

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Literature
go back to reference Booth, A. (2016). Economic Change in Modern Indonesia: Colonial and Post-colonial Comparisons. Cambridge University Press. Booth, A. (2016). Economic Change in Modern Indonesia: Colonial and Post-colonial Comparisons. Cambridge University Press.
go back to reference Susantono B., & Park C.-Y. (2020). Future of Regional Cooperation in Asia and the Pacific. Asian Development Bank. Susantono B., & Park C.-Y. (2020). Future of Regional Cooperation in Asia and the Pacific. Asian Development Bank.
Metadata
Title
Southeast Asia
Author
Denis Kalashnikov
Copyright Year
2023
DOI
https://doi.org/10.1007/978-3-031-20328-2_21

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