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Southeast Asia and Peru: Economic and Strategic Issues

Fealy, G. (2019). Southeast Asia and Peru: Economic and Strategic Issues. In Taller Internacional “Indonesia y el Sudeste Asiático : Explorando las Potencialidades de su relación con el Perú.” (No. 2019-5; Conference Document Series of the Center for Studies on China and Asia-Pacific of Universidad del Pacífico). https://cechap.up.edu.pe/wp-content/uploads/Gregory-Fealy.pdf

Southeast Asia and Peru: Economic and Strategic Issues

This publication is based on the presentation “Southeast Asia and Peru: Economic and Strategic Issues” that was part of the “International Workshop – Indonesia and Southeast Asia: Exploring the Potentialities of its Relationship with Peru ”. The research of Professor Gregory Fealy, Ph.D., of the College of Asia and the Pacific, The Australian National University is detailed. It should be noted that this event was held in June 2019 in cooperation with the Australian Embassy for Peru and Bolivia. In his research, Professor Fealy highlights the context of Southeast Asia, and how the ASEAN bloc has remained strong in recent years. In this sense, he emphasizes the cooperation framework that institutions such as ASEAN guarantee and promote. He also indicated in detail the sustained growth that this bloc has been experiencing, both in terms of GDP per capita and in FDI. Subsequently, the different scenarios are identified at the regional level within ASEAN, in which countries such as Singapore demonstrate solid development, while others such as Cambodia, Laos or Myanmar show stagnation compared to their peers. Additionally, institutional problems, corruption and uncertainty make up a series of problems that complicate ASEAN’s progress. The relations between Southeast Asia and Peru depend on the position of ASEAN in the growing economic and military influence of China in Asia, as well as the rivalry that this country maintains with the United States. In this sense, Peru should remain expectant about the conflicts between China and the US.

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