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Modern Southeast Asia has been characterized by high economic growth by most countries and closer regional integration. Indonesia, Malaysia, the Philippines, Singapore and Thailand have traditionally experienced high growth and are commonly recognized as the more developed countries of the region and the world. As of late, Vietnam too is experiencing economic boom. Myanmar, Cambodia, Laos and newly independent East Timor are still lagging however. To portray the ...
The economies with significant manufacturing sectors are, of course, those longest integrated into the global capitalist system. There are still significant areas and numbers of people quite marginal to the global economy. But the structural shift is not a simple matter of rising shares of manufacturing and services in national economies. At the level of the region as a whole that is certainly happening whether measured by the share of primary industries in total ...