ASEAN’s Economic Future in an Age of Geoeconomic Competition

Over the past two decades, since the ASEAN Economic Community was envisioned, ASEAN has benefited from an increasingly open global economy. Its strategy of remaining open to all major economies, attracting investment, integrating into global supply chains and avoiding choosing sides has served the region well, but this model is now under pressure. The intensifying US-China strategic rivalry and tariff wars, export controls and competition over semiconductors and critical minerals are reshaping the global economic landscape.

How Do ASEAN Countries Fare in Managing Global Economic Shocks?

Geopolitical conflict, energy disruptions and shifting global supply chains are testing Southeast Asia’s economic resilience. ASEANFocus+ asked regional experts how individual countries are responding and whether ASEAN has the tools to collectively manage the next shock. Their insights highlight the different challenges facing the region, as well as the need for stronger regional coordination, deeper market integration and greater resilience across energy, trade, food and financial systems.