Friday, September 2, 2022

Advent of the Era of the AEC and Its Impacts on Singapore and Indonesia(43)

Advent of the Era of the AEC and Its Impacts on Singapore and Indonesia


The question is whether the AEC can evolve itself into something beyond a mere economic agreement body. Above all things, doubts are cast upon the massive disparity of the social and cultural environment among the member countries. 

There exists considerable economic gap in the region, too. For instance, Brunei, an oil-producing country was shined with its per capita GDP of 28,240 USD in 2017  while Cambodia, one of the poorest countries in the region only recorded per capita GDP of 1,390 USD during the same period.




 

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