SOURCE: Milken Institute

Milken Institute

September 18, 2014 17:10 ET

Media Advisory: New Research From the Milken Institute

Will the Next Asian Tiger Please Stand Up? Emerging Economies Poised to Advance

SINGAPORE--(Marketwired - Sep 18, 2014) -

What:
Research report detailing how, while much of the globe continues to search for an effective antidote to the global financial crisis, the economies of Southeast Asia have enjoyed an impressive recovery by any measure.

Despite this performance, they face numerous challenges in their quest to become high-income countries. Macroeconomic policies, generally, have adapted well to changing circumstances. Yet there is no doubt that further developments, both domestic and external, will test the skills and resolve of policymakers and political leaders.

From our perspective, there is no one way to deal with these issues. ASEAN, the Association of Southeast Asian Nations, has identified four priorities to enable member countries and the region to meet crucial challenges from now to 2030:

  • Broadening and deepening financial markets
  • Harnessing human capital
  • Building seamless transport and communications connectivity
  • Strengthening governance

We examine the first and second elements in detail in this report.

Get it here at no charge: http://www.milkeninstitute.org/publications/view/660

About the Milken Institute
A nonprofit, nonpartisan think tank, the Milken Institute believes in the power of capital markets to solve urgent social and economic challenges. Its mission is to improve lives around the world by advancing innovative economic and policy solutions that create jobs, widen access to capital and enhance health.

www.milkeninstitute.org
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