Asean Ahead: Mahbubani Says RCEP Will Give Boost to Regional Trade

The video discusses the impact of vaccine inequity on the global economy, emphasizing the need for global vaccination efforts. It explores the geopolitical dynamics between the US and China, particularly in the context of vaccine distribution in Asia. The impact of COVID-19 variants on trade and growth in Southeast Asia is analyzed, highlighting the challenges faced by tourism-dependent economies. The video also examines the US-China geopolitical contest and its implications for ASEAN countries, emphasizing the importance of maintaining good relations with both powers. Finally, it discusses ASEAN's role in regional trade and economic growth, particularly through the Regional Comprehensive Economic Partnership (RCEP).

What is the estimated economic return if the world spends $50 billion on global vaccination?

• $1 trillion

• $180 billion

• $9 trillion

• $50 billion

Which two countries are competing to provide more vaccines to Southeast Asia?

• India and Japan

• Russia and the United States

• China and the United States

• China and India

What is the main challenge for the United States in its geopolitical contest with China?

• Poor diplomatic relations

• Economic instability

• Insufficient military power

• Lack of a comprehensive long-term strategy

What is the stance of ASEAN countries regarding their relations with the US and China?

• They want to remain neutral

• They want good relations with both

• They prefer to align with China

• They prefer to align with the US

What is the significance of the Regional Comprehensive Economic Partnership (RCEP)?

• It focuses on environmental issues

• It is the largest free trade agreement in the world

• It is a cultural exchange program

• It is a military alliance

Which three affluent economies are part of the RCEP?

• Japan, South Korea, and New Zealand

• China, India, and South Korea

• India, Japan, and Australia

• China, Japan, and South Korea

What makes Southeast Asia a unique region according to the transcript?

• Its economic power

• Its military strength

• Its technological advancements

• Its diverse population and peaceful coexistence