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This paper examines the extent to which economic convergence within ASEAN is occurring, the factors that are driving it and the role of policy. Theory is provided to examine the conditions under which convergence can be expected to occur. Section 3 examines policies and experiences relating to ASEAN trade, investment, and labor flows. The extent to which this growth has contributed to convergence, or the narrowing of per capita incomes, is examined in Section 4. Since the development divide is multi-faceted, the authors also examine outcomes in relation to a host of other social indicators in comparative perspectives. In Section 5, they identify gaps in the reform agenda, and discuss how future growth can be made more inclusive and therefore less threatening to social harmony.

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Additional Info

Field Value
Document type Analysis, discussion papers, and blogs
Language of document
  • English
  • Economic policy and administration
  • Economy and commerce
  • Trade
  • Trade policy and regulation
Geographic area (spatial range)
  • Indonesia
  • Malaysia
  • Philippines
  • Singapore
  • Thailand
  • Brunei Darussalam
  • Cambodia
  • Lao People's Democratic Republic
  • Myanmar
  • Viet Nam
Copyright Yes
Access and use constraints

License CC BY 3.0 IGO.

Version / Edition 1.0
License CC-BY-4.0

Jayant Menon, Lead Economist, Office of Regional Economic Integration, Asian Development Bank, 6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines.

Author (individual) Menon, Jayant
Publication place Manila, Philippines
Publisher Asian Development Bank
Publication date 2012
Pagination 52 p.
Date uploaded June 17, 2015, 06:50 (UTC)
Date modified July 28, 2015, 05:18 (UTC)