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Economics

Topic updates

Prospects for sustained growth in the ASEAN single market

Geoff Riley

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_...

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.

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