Asias Role In The Four Industrial Revolutions

In addition, a new $100 million project seeks to increase the economic empowerment of poor, rural women. Cheaper commodities also assisted these economies with declining inflation, enabling governments to focus on infrastructure development and move ahead with much-needed economic reforms. The region generally has stable governments that have introduced supportive policies to facilitate international investments and helped improve investor sentiment.

The Southeast Asian countries were being compelled to review their own national security by taking these factors into consideration. However, national statistics for the higher income countries may disguise regions within countries with health status well below the national average, e.g., West Nusa Tenggara in Indonesia, and Northeast Thailand. In countries like India and the Philippines there appears to be an oversupply of some skilled groups in relation to the opportunities available locally. Nevertheless, there can be no doubt that the emigration of some skilled groups can be detrimental to local economies in some cases. Some countries in the region (e.g., Pakistan) have put in place programs to encourage former emigrants with certain skills to return to their home country. The growth of India's information technology industry, for example, has lured some former emigrants to return.

South Asia: Less Vulnerable To Global Financial Turmoil

This is not unrelated to the fact that the awareness about ASEAN as a community has now become more generalized amongst the public hence the need for a more informed description on the different countries and societies within ASEAN . Impressionistic evidence would suggest that governmentally sponsored family planning programs have been the major reason for rising contraceptive use in Thailand, Indonesia, and other Southeast Asian countries with declining fertility. Family planning programs were instituted in many Southeast Asian countries in the 1970s, just about the same time that fertility began to edge downward in the region. Several authors have attributed the decline of fertility in Indonesia to a very successful family planning program there (Freedman et al. In 2010, Saudi Arabia was the world’s largest manufacturer of petroleum liquids, producing 10.07 million barrels of liquid fuels every day.

Asian Alliances And Trade Agreements

As a conclusion, it could be said that Southeast Asian studies and what it constitutes is, first and foremost, a knowledge construct that represents only part of the region's social reality. In spite of this, it is the most important element, amongst the many, that gives Southeast Asia, the geo-physical region as well as its people and environment, its history, territory, and society. Because of the co-existence of different societal forms in the region, hence the unevenness of the tempo of social life in the region, the speed of social change thus also differs from one community to the other, from one area within the region to another.

Over the years, China has also increased its port and logistics construction in Sri Lanka. While once thought that the tourism industry would continue to scale up in Sri Lanka, terror bombings in April of 2019 have deterred guests from visiting the small island country. In this situation, the countries of Southeast Asia have the common concern that their region might be seriously affected by the Sino-Soviet confrontation and changes in the power relationships among the major countries. Laborite administrations were inaugurated in Australia and New Zealand toward the end of 1972, and the two countries adopted new diplomatic policies, including the recognition of the People's Republic of China in December 1972. As a result, there were indications that the character of the military arrangements mainly intended for Southeast Asia, such as SEATO and the five-nation defense arrangement of which both Australia and New Zealand are members, might change.

List Of Countries In Asia

The ASEAN Post Ministerial Conference Ten Plus One (PMC 10 +1) sessions on 1 July focused on “the overview and future direction of ASEAN cooperation with its Dialogue Partners”. The ASEAN members developed and adopted a Plan of Action for furthering implementation of the SEANWFZ. The Plan is intended to increase regional coordination in opposition to nuclear weapons and deepen regional participation in the relevant international agreements. Under the Plan of Action, States agree to pursue completion of IAEA safeguard agreements and accession to the Convention on Early Notification of Nuclear Accidents and regional emergency response plans. In addition, the states agreed to consider accession to other relevant instruments such as the CTBT and the counter-terrorism conventions related to nuclear weapons.

Southeast Asia

Recently, India has managed to attract foreign investments, liberalized FDI in key sectors like defense, real estate, railways, and insurance, and progressed towards energy efficiency. Afghanistan has one of the lowest growth rates of all South Asian countries, at less than 3%. Largely, this is due to pressing security risks and political tension after the suspension of the U.S.-Taliban peace negotiations. However, its agriculture sector continues to grow as favorable weather reverses the impacts of a drought in 2018, prompting economists to favor Afghanistan's GDP growth projections in the next few years.