The Federation of ASEAN Economic Associations (FAEA) is a union of economic societies and associations in Southeast Asia and is currently comprised of the respective economic societies of Cambodia, Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam. It aims to promote the study of economics and its implications and foster cooperation in research and intellectual discourse among member countries.
The 43rd FAEA Annual Conference
Since its inception in 1967, ASEAN has become a force to reckon with despite the challenges it has experienced. It is now the world’s seventh largest market and third largest labor force. Given current growth projection, it is anticipated to become the fourth largest economic bloc by 2030.
The establishment of the ASEAN Economic Community (AEC) is yet another milestone in the economic integration agenda of ASEAN member countries. The AEC Blueprint 2025 highlighted the goal of having a highly integrated, cohesive, competitive and innovative economy; a resilient and inclusive ASEAN; and a global ASEAN.
With this vision in mind, ASEAN must overcome disruptions in the form of disruptive technologies, a resurgence of protectionist sentiments, digital economy, among others.
It is in the above context that the 43rd Federation of ASEAN EconomicAssociations (FAEA) Conference is framed with a theme on Growing ASEAN: Cooperation and Competition Amidst Disruption.