Intra-Southeast Asian Income Convergence

The next challenge for ASEAN, which has been a successful and effective forum for political co-operation among Southeast Asian countries, is to promote greater economic co-operation. Income convergence helps to promote economic integration in the long run. This article examines the issue of convergence among Southeast Asian economies during 1960-97. No evidence of convergence is found.
I. Introduction Southeast Asia comprises 10 states -- Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The Association of Southeast Asian Nations (ASEAN) serves as the [...]