Topic updates
Prospects for sustained growth in the ASEAN single market
14th November 2014
McKinsey has produced a new report on prospects for economic growth and development in the ASEAN single market. One aspect is that the depth of intra-regional trade within the ten member group remains well below other regional single markets. Intra-ASEAN trade is only 24% of total trade despite the move towards ASEAN Economic Community versus 59% for the 28 member nations of the European Union and 40% for NAFTA (US, Canada and Mexico). Access the report here: http://www.mckinsey.com/insights/energy_resources_...
- Economics
- Blog
- Topic updates
- Association of Southeast Asian Nations (Asean)
- European Union Single Market
- Trade Bloc
- Free Trade Area (FTA)
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
You might also like
Customs Unions and Single Markets
Study Notes
Ten Years of EU Membership for Poland
28th May 2014
TPP - A High Stakes Trade Deal
27th April 2014
EU Enlargement - Evaluating the Impact
30th April 2011
International Trade
Study Notes
Economic and Social Benefits from Trade
Study Notes
Import Protectionism - Main Arguments Against
Study Notes