ASEAN economies are still growing, but cracks are forming. Inflation is rising, stagflation is possible, and intra-regional trade has barely budged in 30 years. What happens if the Middle East conflict drags on? And what will it finally take to boost intra-ASEAN trade?

We discuss:

• Growth Outlook: Why AMRO is sticking to 4% growth even as energy prices climb and supply chains fray — and what could blow that off course

• The Stagflation Threat: What it would actually take for the region to tip into its worst growth-inflation combo since the Covid pandemic

• A Poly-Risk Crisis: The three biggest risks facing the ASEAN region now. 

• The Integration Gap: Why intra-ASEAN trade has been stuck at 22% for decades, and what would it take to develop trade and investment among ASEAN economies.