Australia Economy And The Major 5 Member Of Asean Economic

Australia's economy and the projects of five major ASEAN economic members Australia Indonesia Philippines Thailand Malaysia Singapore Population (2006) 20, 434, 176 245, 452, 739 89, 468, 677 64, 631, 959 24, 385, 658 4, 492, 150 population growth rate (2006) 0.8% 1.4% 1.8% 0.7% 1.8% 1.4% 2006) 7 351 777 327 192 18,464 Inflation rate (2006) 3.3 10.4 6.3 4.8 2.9 1 Unemployment rate (2006) 4.9 12.5 7.9 2.1 3.5 3.1 GDP growth rate (2006) 2.7 5.5 5.4 4.8 4.8 5.9 7.9 Export of GDP (2006 ) 15 27.7 40.4 58.8 100.2 205.3 Current account as ratio to GDP (2006) -5.4 0.7 4.3 0.3 3.6 6.1 Saving rate as a ratio to GDP (2005) 20 27 19.8 23.5 17.1 23 Official Interest Rat

Economy: The economic growth rate of the ASEAN countries is changing and due to the global economic crisis, the economic growth rate of ASEAN member countries was only 5% in 2009. In contrast, China's GDP growth rate in 2009 was 9%, but India's GDP growth rate was 8%. As East Asia recovered from the global economic downturn, economic growth in this region will be powerful after 2010 as well. Society: Due to economic growth in this region, the social trend in East Asia is to increase consumption including transport consumption. Globalization is also increasing the trend of traveling East Asia for business and entertainment purposes. The population of this area has also increased rapidly. Another social trend is the increase in the use of personal computing devices that cross the technological drivers of the aviation industry.

Association of Southeast Asian Nations (ASEAN) ASEAN is a regional organization established in 1967 in Indonesia, Malaysia, the Philippines, Singapore, Thailand in order to cooperate (ASEAN - 5 refers to these five founding members). Economy, society, culture, education and other fields promoting regional peace and prosperity. The other five countries - Brunei Darussalam, Lao People's Democratic Republic, Myanmar, Vietnam, Cambodia - joined ASEAN later in the year. Ten Member States of ASEAN are characterized by diversity of economic, demographic, political and cultural features. One of the principles

ASEAN is an alliance to promote economic and political cooperation by promoting dialogue among members of 10 countries. As an important multilateral organization in Asia, ASEAN is also becoming a major economic power in this region to sign a free trade agreement (FTA) with China, Australia, New Zealand, India, Japan, and South Korea. For example, ASEAN was formed during the Vietnam War of 1967 and was awarded to Indonesia, Malaysia, and Indonesia against the potential threat of communist-driven rebellion designed to act as a safe community to promote society, We united the Philippines, Singapore and Thailand. It is stable even in the era of confusion. In addition, ASEAN allows Member States to upgrade their economies to international markets, lower their tariffs and cooperate with each other for public benefit.