ASEAN at 50: What Does the Fourth Industrial Revolution Mean for ASEAN Integration?
The Fourth Industrial Revolution (4IR)—the interactions of technologies across the physical, digital, and biological realms—is occurring at unprecedented speed, and the breadth and depth of changes arising from the revolution present significant opportunities but will also disrupt existing governance and trade systems. In the case of ASEAN, the ASEAN Economic Community (AEC) was recently established to create a single market and production base with free flow of goods, services, investments, capital, and skilled labors; however, the 4IR will potentially shift the focus of these priorities for integration within ASEAN. It will also have implications for the region’s institutional structure and functioning if it is to make the most of the opportunities presented by the 4IR.
This presentation covers initial findings on the questions:
- How will the Fourth Industrial Revolution impact regional integration in ASEAN?
- What lessons can be learnt from other regional institutions on how ASEAN’s institutional structure can evolve to make the most of the 4IR?