ASEAN: A Region of Vitalism

The Association of Southeast Asian Nations (ASEAN) is comprised of 10 members whose individual social, economic and political characteristics are the underpinnings of the Association’s collective prosperity. Frequently overshadowed by its more prominent neighboring countries, particularly China and India, ASEAN continues to emerge as an area of vital economic growth within Southeast Asia and on the global stage. This report offers an introduction to this increasingly dynamic region. The article begins with an overview of the Association and considers its economic impact on Southeast Asia. Next it examines each member individually to highlight the social, economic and political diversity among the member countries. It concludes with the firm’s views on ASEAN contributions to the global economy and the risk/reward trade-off of various investment opportunities.