The conference theme " China and India: Challenges and Opportunities for ASEAN" reflects what is expected to be the most important structural economic realignment this century, with profound global and regional implications that are already being felt even today.
With China and India widely expected to overtake the United States this century as the biggest economies in the world, their growth and greater role in the global economy poses a host of challenges and opportunities for the rest of the world, and for ASEAN member countries in particular.
The Federation of ASEAN Economic Associations (FAEA) was founded in 1976 at Prapat, North Sumatra.
The objective of this Federation is to promote the study of economic science in ASEAN countries on a cooperative and coordinated basis.
It comprises members of the economic societies and associations from Cambodia, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam.
Each year, a member country takes turn to host an annual economic conference focusing on contemporary issues for the ASEAN region.
This year, it is the turn of the Philippine Economic Society (PES) to host the 30th Annual Conference of the FAEA.
