Countries within the Association of South East Asian Economies, (ASEAN) are using the lessons of the currency meltdown in 1998 to create sophisticated market economies that rely on a current account surplus. This strength has encouraged the Foreign Direct Investment (FDI) needed to grow their industries, leading to further exports.
Although these economies are dependent on exports to the U.S., China and Japan, they are increasingly reliant upon trade to each other and Latin America. This diversification will allow them to more successfully weather future global economic disturbances.
Related Articles
Inflation targeting -- Good for emerging markets
Is Asian economy too hot? - Defend against speculation
World Bank forecasts strong Asia -- Are your finances?
APEC Meeting -- Good for emerging market funds
North Korea nuclear test -- Helps SE Asia markets
Asian Development Bank Meeting -- Time for an Asian “Euro"?
An Asian WTO - and the U.S. is not invited
Will you profit from Southeast Asian rising economies?
ASEAN
ASEAN economic summit -- Good for Asian funds
ASEAN closer to SE Asian "EU" -- Good for Asian funds
China-ASEAN Summit -- Less reliance on U.S. market
ASEAN meeting -- Benefit from free trade in SE Asia
Indonesia
Indonesia repays IMF loan early -- Good for SE Asia funds
Malaysia
Malacca Straits bypass -- Good for Malaysia and oil prices
Profit from increased U.S. free trade with Malaysia
Singapore
Singapore at 8% growth -- Good news for SE Asian funds
South Korea
Is Lee Myung-bak out? -- FTA with U.S. to blame
Who is the new South Korea President -- More FDI
S. Korea / U.S. trade agreement signed -- But will it stick?
FTA boosts South Korean economy - Will you benefit?
Taiwan
New Taiwan President -- Good for Taiwan economy
Thailand
Thai stocks plunge 15% -- Why you need diversification
Thai coup ousts Thaksin -- Could restore GDP growth
Thailand’s Prime Minister wins election, but loses job
Vietnam
President Triet visits U.S. -- Continued SE Asia growth
U.S. OK's Vietnam's WTO entry -- Good for Asia funds
Vietnam WTO process delayed--SE Asia still good buy
WTO accepts Vietnam -- Update and links
Vietnam -- Opportunities to invest and travel
Vietnam cleans house -- New officials good for economy
Vietnam: A globalization success story
Like these articles? Sign up for your free email newsletter.
|
