Question

For international Business course please ansewr the below in details and put useful referencess below the answer

I want a report (Essay) on the economic differences in the South East Asia

Answer 1

South East Asia played an important role in the world trading sector. European commercial interest evolved the annexation of territories as there is an extension of control of to protect the activities. There is a gradual development of infrastructure and reliable transport system. This attracts the Chinese immigrants and gained high level growth in the mining industries. The Western activities interaction reduces the monopoly of Chinese economy. There is an efficient distribution leads to economic development in the countries. In 1950s Southeast Asia emphasised the urban industrialisation and this acquire huge change in the agricultural development also. Singapore reached advanced industrial development.
Agriculture is the most important source of income for all of the countries in this region. From 1970s the agricultural output raised to a high level. The survival and high level development of this region can be seen after the industrialisation. This region is considered as the largest exported in the world. This will raise the GDP in general and particular also. ASEAN is the major global hub of manufacturing trade. The coordination all the countries form an economic power house. There is a huge labour force expansion and improvement in productivity can be seen in this region. Southeast Asia is a diverse group with culture, language and religion. This high level cooperation leads to macroeconomic stability and this stability maintains the small fall of the growth in some countries. There is a lower volatility in economic growth also. The high level production in this region increase the consumer demands in the countries itself and the foreigners also. There is a development of online transactions between the countries can be seen in current system. ASEAN have a well positioned global trade flow. Each country has their own specialisation and this increase the confidence of the customers. It is also the home for several competitive companies.