IMF-World Bank Week at the Atlantic Council

ASEAN-5 in an era of geoeconomic realignment: Opportunities and risks in a fragmenting global economy

By Amin Mohseni-Cheraghlou

ASEAN-5 is poised to become an increasingly important engine of global growth, supported by young populations, improving human capital, abundant resources, and deep integration into global supply chains. Yet fragmentation, trade tensions, climate risks, infrastructure gaps, and regulatory constraints could limit this potential, making coordinated reforms essential to securing resilient and sustained regional economic progress.