| Following the Global Financial Crisis, sky-rocketing commodity prices, and a corresponding investment boom boosted ASEAN’s attractiveness – a narrative similar to other commodity-producing regions. After all, the region is endowed with a wide range of commodities – from natural gas reserves in Malaysia and Indonesia to abundant metal deposits, not to mention relatively high-value agricultural commodities in Thailand and Vietnam.
That said, the contours of ASEAN’s commodity exports are more diverse and convoluted than other commodity-producing regions (take the Middle East or Australia, for example), and the welfare benefits/consequences of price changes aren’t always clear. In this month’s ASEAN Perspectives, we attempt to break this down...............................................Full Article: Source
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