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Southeast Asia's Economic Future and What It Means for America

Recorded on April 14, 2008

Location: The Heritage Foundation's Allison Auditorium

The Asian economy is a cauldron of competition.  The rise of China - and to a lesser extent India - presents the more than 500 million people living in Southeast Asia a major opportunity.  It also, however, represents an extraordinary competitive challenge.  Ten years ago, in an effort to address this challenge, the Association of Southeast Asian Nations (ASEAN) launched a vision to create an integrated, liberal market encompassing the strengths of its constituent members: Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam, Brunei, Burma, Cambodia, and Laos.  How is Southeast Asia doing in its effort to create a competitive economy of scale?  What else can be done?  And what does its success or failure mean for America?