The large market size and abundant resources of the Greater Mekong
Subregion (GMS), including a large, motivated and cheap workforce,
a rich agricultural base, extensive timber and fisheries resources,
considerable potential mineral resources, and vast energy resources
have seen the subregion increasingly recognized as a new frontier
of Southeast Asian economic strength. This book aims to assess the
recent economic, social and political developments in the GMS and
identify emerging opportunities and challenges facing the
successful transition towards a market-driven economy. The
countries of the GMS are at a critical juncture where subregional
efforts and cooperation must be made to fully address the rapidly
evolving issues that are vital to appropriate policy formation, yet
which remain widely debatable. The deliberations here shed light on
the development stages and offer policy recommendations for pushing
forward subregional cooperation.
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