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The latest article is now up at Brooks Foreign Policy Review, here.
The Association of Southeast Asian Nations (ASEAN), founded 42 years ago, was created to provide a framework to advance regional stability in Southeast Asia at a time when the withdrawal of colonial powers had created a vacuum. This placed the newly independent states of the region in danger of succumbing to ethnic strife and communist insurgencies. Since the conclusion of the Cold War, ASEAN has embarked on a series of free trade initiatives, linking it to some of the Asian-Pacific regions most dynamic economies.
One should remember while reading this article they are talking about gross GDP, not per capita. Guangdong has over 100 million people in the province, whereas Singapore has less than 6 million and Taiwan 23 million for instance. Despite this, the growth is quite impressive and the push for greater regional integration inside of China is encouraging Hopefully some strong inter-province institutions are being created.
China’s richest province wants more
By Olivia Chung
HONG KONG – South China’s Guangdong province, one of the country’s economic powerhouses, has made another step toward its goal of economically overtaking “the four little dragons of Asia” – Hong Kong, Taiwan, Singapore and South Korea, as its gross domestic product (GDP) will overtake Taiwan’s this year.
The wealthiest province on the mainland overtook Singapore and Hong Kong in terms of GDP a few years ago. However, in terms of yearly per capita GDP, Guangdong is still far behind compared with any of the four “little dragons”.
Since Deng Xiaoping launched the reform and open-door policy in
the late 1970s, Guangdong cities on the Pearl River Delta such as Shenzhen, Dongguan and Guangzhou have been magnets for foreign investment from or through neighboring Hong Kong.