Global Agenda Council on South-East Asia 2012-2014
South-East Asia has shown remarkable recovery since the global economic crisis of 2008 — the region’s economy is projected to grow by an average of 5.5% per year between 2013 and 2017, according to the Organisation for Economic Co-operation and Development. To foster the economic revival, South-East Asia aims to form an Association of Southeast Asian Nations (ASEAN) Economic Community or AEC, which will be characterized by a single market and production base. The integration process towards creating the AEC, scheduled for 31 December 2015, is proving to be a struggle because of the diverse economic growth levels of the region’s countries. The political and economic transformation happening in Myanmar, which takes on ASEAN’s chairmanship in 2015, poses a further challenge, but also presents opportunities.
What the Council is doing about it
The Global Agenda Council on South-East Asia sees the need for dialogue among significant ASEAN business and government leaders to address such vital issues as education and human capital development. The Council also is committed to playing an important role in Myanmar’s development.
After the Summit on the Global Agenda 2012 in Dubai, the Council identified the main points for tackling the issues of ASEAN integration and Myanmar’s development. On the first issue, the Council aims to develop the region’s skills, and to collaborate with prominent business leaders on making recommendations to the ASEAN Secretariat about ASEAN integration, and ultimately the AEC. On Myanmar, the Council plans to address the country’s immediate labour needs. Given Myanmar’s rapid growth and renewed attractiveness to foreign companies, the Council intends to engage in active dialogue with the country’s leading businesses and foreign stakeholders to ensure responsible investment in Myanmar.
At the 2013 World Economic Forum on East Asia, the Council led two multistakeholder conversations on ASEAN integration and Myanmar’s development. One private discussion yielded recommendations from prominent business leaders on how best to accelerate ASEAN integration, and a draft proposal for submission to ASEAN business leaders. The second conversation was a roundtable discussion, between the international community and Myanmar’s government and businesses, on fostering partnerships to address the country’s urgent need for skills and labour.
“To foster the economic revival, South-East Asia aims to form an Association of Southeast Asian Nations (ASEAN) Economic Community or AEC, which will be characterized by a single market and production base.”
The Council will maintain its close collaboration with the ASEAN Secretariat and ASEAN business leaders. Council Members also will work in Myanmar with other Forum communities, such as the Global Shapers and Forum of Young Global Leaders, to facilitate and mentor projects that address the country’s critical issues, including employment, education and sustainable investment.
To get involved please contact
Research Analyst: Karen Wong, Global Agenda Councils, firstname.lastname@example.org
Council Manager: Navitri Putri Guillaume, Community Manager, Government Engagement, South East Asia, email@example.com
Forum Lead: Sushant Palakurthi Rao, Senior Director, Head of Asia, firstname.lastname@example.org
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