SUB-REGIONAL CO-OPERATION IN ASEAN AND ROLE OF PRIVATE SECTOR: RELEVANCE FOR SAARC

Outline

1. Introduction 2. The ASEAN Growth Model : Conceptualisation, Factor
Inputs, Typology and Distinguishing Features 3. Role of the Private Sector in Comparative Perspective 4. Relevance and Replication in South Asia 5. Conclusions

SUB-REGIONAL CO-OPERATION IN ASEAN AND ROLE OF PRIVATE SECTOR: RELEVANCE FOR SAARC

Author: Abul Kalam

DOI Link: https://www.doi.org/ BIISSj1999v20n3a3

ABSTRACT

The paper addresses the subject of ASEAN growth triangles (GTs) focusing on the role of the private sector in the process. The GTs have already generated very important "demonstration effect" on the future of subregional economic co-operation. serving as a crucial lesson for economic development. specially of the benefits of complementarity and proximity. The paper also considers the challenges confronting the GTs as a growth model and how the process may be replicated in a region such as South Asia. It is argued that a subregional structure. as is being experimented in East and Southeast Asia, has the potential to expand and stand replication. It is viewed that the engine of growth in subregional co-operation and the leading player is the private sector. The task of the member states by and large is one of ensuring sustained growth throuth political commitment and co-ordination of policies.

BANGLADESH INSTITUTE OF INTERNATIONAL AND STRATEGIC STUDIES

Outline