KOBAYASHI, Hideo; JIN, Yingshan - Economic Research Institute for ASEAN and East Asia (ERIA) - 2015
To begin, consider the general economic characteristics of Cambodia, Lao PDR, Myanmar and Viet Nam, collectively known as the CLMV countries. These countries joined ASEAN relatively late and are economically less developed than the original members. According to the World Bank (2012), Viet...