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Date:Thursday, January 21, 2016
Time:Membership Social at 7:30 Program at 8:00 p.m.
Location: Coastal Georgia Center, 305 Fahm St. (behind the Visitor's Center) Directions and Map Access: Open to the public and free for members, students and accompanying family members, educators and active military and their dependents. $10.00 charge for non-members.
Dr. Emil Friberg (top) and Michael Simon
Southeast Asia is a growing economic power. The 10 members of the Association of Southeast Asian Nations (ASEAN) have a combined GDP of about $2.5 trillion and population of about 620 million. Through ASEAN, these countries are seeking to further integrate their economies and create an economic community by the end of 2015. Combined, the 10 ASEAN nations would constitute the 7th largest economy in the world.
Both the United States and China seek to expand their economic engagement in Southeast Asia. In 2011, President Obama announced a renewed focus, known as the rebalance, on the Asia-Pacific region. In 2014, in response to a congressional mandate, the U.S. Department of State and USAID issued a 5-year strategy for the rebalance. The strategy seeks, among other things, to increase economic growth and trade in the Asia-Pacific and to strengthen regional organizations such as ASEAN. In 2013, China proposed an ASEAN-China cooperation framework designed to build political consensus on deepening their relationship and focused on economic development and mutual benefits.
In August 2015, the U.S. Government Accountability Office (GAO), an independent, nonpartisan agency that works for Congress, reported to the Chair of the House Small Business Committee and the Chair and Ranking Member of the House Foreign Affairs Subcommittee on Asia and the Pacific on: (1) available data about U.S. and Chinese trade and investment with ASEAN countries and (2) actions the U.S. and Chinese governments have taken to further economic engagement with these countries.
This presentation will summarize findings from GAO’s report Southeast Asia: Trends in U.S. and Chinese Economic Engagement. The full report is publicly available at no charge at: http://www.gao.gov/products/GAO-15-724.
Dr. Emil Friberg is an Assistant Director at the U.S. Government Accountability Office in Washington, DC. He manages teams that report to Congress on government perations, programs, and policies. His areas of reporting include trade, foreign economic assistance, and U.S. territorial polices. Recent report topics include: U.S. and Chinese economic engagement in Southeast Asia, Haiti reconstruction, and U.S. assistance to Micronesia and the Marshall Islands. Emil received his Ph.D. in economics from the University of North Carolina in Chapel Hill.
Michael Simon is a Senior Analyst at the GAO and has managed teams reporting on U.S. foreign and economic assistance programs, defense security assistance, the operations of the U.S. Export-Import Bank, and U.S. territorial policies. Michael received a Master’s Degree in Community Planning from the University of Maryland.
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