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[CSA series] Can the AEC Succeed in a Two-Tier ASEAN?

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ASEAN aims to realise the ASEAN Economic Community (AEC) by 2025. This ambitious project would require a high degree of economic integration among its member states. However, there appears to be a “two-tier ASEAN” in which there exists a wide economic divide between the original and more developed member states of Brunei Darussalam, Indonesia, Malaysia, Philippines, Singapore and Thailand (ASEAN-6) and the newer transitional economies of Cambodia, Myanmar, Lao PDR and Viet Nam (CLMV). The Initiative for ASEAN Integration (IAI) was launched in 2000 to narrow this economic development gap and the deadline of its most recent work plan coincides with the realisation of the AEC by 2025. How effective has the IAI been in achieving some level of economic convergence? Has the recent Covid-19 pandemic exacerbated this economic division? Given the significant challenges in narrowing the development gap, can the AEC succeed in a two-tier ASEAN?

In our 7th Counterpoint Southeast Asia public webinar, we ask: “Can the AEC Succeed in a Two-Tier ASEAN?” and invite three Southeast Asian analysts to provide their unique perspectives.

Counterpoint Southeast Asia is a webinar and policy brief series that tackles strategic and complex questions facing Southeast Asia by presenting the perspectives of regional academics and policy experts. It is organised by the Centre on Asia and Globalisation at the Lee Kuan Yew School of Public Policy, National University of Singapore.


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Speakers:

## Jayant Menon, Senior Fellow, ISEAS-Yusof Ishak Institute

## Kaewkamol Pitakdumrongkit, Head and Assistant Professor, Centre for Multilateralism Studies, S. Rajaratnam School of International Studies (RSIS), Nanyang Technological University

## Quynh Huong Nguyen, Economic Affairs Consultant, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)

Chairperson:
Denis Hew, Senior Research Fellow, Centre on Asia and Globalisation, Lee Kuan Yew School of Public Policy, National University of Singapore

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