In this study, we present a comprehensive analysis to examine the resilience of tourism in Vietnam since the Doi Moi period. Using an augmented Solow framework, data from 1986 to 2020, and the ARDL approach, we estimate the long-run and short-run effects, whilst accounting for model-specific...

This Perspective argues that the ASEAN-led RCEP agreement and the ASEAN Outlook on the Indo-Pacific have created significant momentum for ASEAN to further reinforce its central role in advancing Asia-Pacific economic integration.

Driven by both political camps in Seoul, relations between South Korea and the North Atlantic Treaty Organization (NATO) have deepened significantly since their initiation in 2005. While this intensified relationship was shaped to a large extent by geopolitical developments and increasing...

This paper draws a concise overview of the economic relationship between the European Union (EU) and selected Asian regions in the context of the twin transition - green and digital. A series of significant initiatives adopted in recent years to consolidate the cooperation with these regions are...

This report investigates the fragmentation of foreign direct investment (FDI) in India and ASEAN in the context of evolving geopolitical dynamics and global economic shifts. By delineating four distinct phases of globalization, the analysis reveals how systemic shocks and geopolitical tensions...

Amid the evolving U.S.-China tariff realignment and the broader restructuring of global value chains, this paper evaluates the vulnerability and strategic positioning of the Philippines alongside four other ASEAN economies-Indonesia, Malaysia, Thailand, and Vietnam. For the ASEAN-5, the key...