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Securing the Asean economy in an over-securitised world

Securing the Asean economy in an over-securitised world

In an era marked by escalating geopolitical tensions and heightened economic statecraft, ASEAN is presented with a critical challenge: how to safeguard its economy while navigating the complexities of an over-securitised world. As major powers increasingly weaponise economic interdependence to fulfill security objectives, ASEAN must strategically position itself to resist becoming an economic battleground.

Understanding the Over-Securitisation Phenomenon

The concept of over-securitisation refers to the tendency to frame economic issues primarily through a security lens. This shift can lead to the imposition of restrictive trade policies, discriminatory practices, and a general atmosphere of distrust. The implications are profound for ASEAN, whose member states must confront an environment where economic statecraft can be leveraged to influence global dynamics.

ASEAN’s geographical and economic diversity enables it to serve as both a counterbalance to external pressures and a facilitator of cooperation. However, its member countries are uneasy about unresolved territorial disputes and historical suspicions, especially concerning critical areas like the South China Sea. Here, economic statecraft becomes particularly intricate due to intertwined supply chains, making the region vulnerable to geopolitical competition.

Challenges for ASEAN

ASEAN is disadvantaged by its diverse economic capacities and consensus-based decision-making process. Such structures can lead to diluted responses that fail to adequately address the urgency of evolving geopolitical realities. The ongoing competition between major powers has led to increased protectionism, likely to trickle down and adversely affect emergent economies within the region.

Without a cohesive response or shared strategy, member states risk being co-opted into the agendas of external powers. This fragmentation not only undermines ASEAN’s integrity but also its ability to serve as a central player in regional cooperation.

Strategic Coordination and Resilience

To maintain its relevance and foster economic resilience, ASEAN must focus on strategic coordination. This involves aligning its economic and security concerns, thus ensuring that its policies do not inadvertently reinforce external agendas.

The ASEAN Coordinating Council and the recently established ASEAN Geoeconomics Task Force offer platforms for deliberation and action. By utilizing these mechanisms effectively, ASEAN can protect its member states’ economic interests while promoting inclusive regionalism.

Strengthening cooperation on critical supply chains is urgent. By doing so, ASEAN can safeguard essential sectors like food, energy, and healthcare, which are particularly vulnerable in times of crisis. The establishment of shared standards and risk-monitoring mechanisms can also enhance the region’s resilience against geopolitical disruptions.

Pathways Forward

  1. Forming a Unified Strategy: ASEAN must create a coherent narrative that reflects its collective stance on geopolitical and geoeconomic concerns. Rather than responding reactively to major powers, ASEAN should proactively shape its economic relationships based on its distinct regional interests.

  2. Leveraging Convening Power: One of ASEAN’s core advantages is its ability to convene discussions among differing stakeholders. By positioning itself as a neutral facilitator, ASEAN can broker cooperation in areas where rivalry would otherwise thwart progress.

  3. Mainstreaming Geoeconomic Considerations: Discussions surrounding geoeconomic issues should be integrated across different ASEAN pillars. This can facilitate holistic responses that take into account both economic and security perspectives.

  4. Building Critical Partnerships: Collaborating with like-minded regional and global partners can bolster ASEAN’s ability to navigate external pressures without compromising its economic integrity.

Conclusion

In conclusion, the urgent task for ASEAN is to navigate through an over-securitised world while preserving its economic autonomy. By focusing on regional coordination, leveraging its convening power, and promoting a narrative that reflects its interests, ASEAN has the potential to remain a relevant player on the global stage.

The bloc must assertively counterbalance external influences that seek to dominate its economic agenda. Seizing opportunities to strengthen regional resilience and economic security will not only bolster ASEAN’s position but also ensure that it can thrive amid escalating geopolitical competition. With upcoming summits and discussions, ASEAN is at a pivotal juncture to redefine its path and solidify its role as a rule-maker in the evolving economic order.


This summary encompasses the key challenges and pathways for ASEAN in the context of over-securitisation, aiming for an SEO-focused article while maintaining an objective tone.

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