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Investing in Southeast Asia: Key insights for Australian Researchers
Dec 13, 2024
Nicholas Moore, Australia’s Special Envoy for Southeast Asia and architect of the national economic strategy for the region, shares critical insights on Australia's evolving relationship with Southeast Asia. He delves into the projected economic significance of Southeast Asia, emphasizing the necessity for stronger trade ties and educational collaboration. Moore advocates for enhancing Asia literacy in Australia and fostering mobility through initiatives like the new Colombo Plan, all while addressing sustainable development challenges in energy and agriculture.
31:45
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Quick takeaways
- Australia's future economic prosperity and security are closely linked to Southeast Asia's growth, with the region projected to be the fourth largest economy by 2040.
- Educational partnerships and research collaborations between Australia and Southeast Asia are essential for strengthening ties and enhancing regional capacity.
Deep dives
The Importance of Southeast Asia to Australia
Southeast Asia is crucial for Australia, impacting its security, prosperity, and economic future. This region is expected to become the world's fourth-largest economy by 2040, with a growing middle class. The Australian government acknowledges this significance through the Invested Australia’s Southeast Asia Economic Strategy to 2040, aimed at enhancing economic engagement. Nicholas Moore AO highlights that the region’s prosperity directly influences Australia's own security and economic well-being.
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