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The Southeast Asian tigers roar again: this time for real
May 2012
At a glance
As advanced economies continue to limp out of the global recession, Southeast Asia is a rising star of the global market. The region is led by its five fastest-growing countries: Indonesia, Malaysia, the Philippines, Thailand, and Vietnam.
A confluence of advantageous factors has rallied Southeast Asian development and remains its greatest competitive strength. However, opportunities are not risk free. The region’s governments have only recently accelerated liberalized trade and investment policies and focused on introducing transparent regulations to combat corruption and ease the landscape for doing business.