Economics
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_...
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