Lancang-Mekong Cooperation: A Cambodian Perspective
Chheang, Vannarith | November 2018
Abstract
Regionalism or sub-regionalism in the Mekong region has gained new momentum after China launched the Lancang-Mekong Cooperation (LMC) in 2015 as part of China’s diplomatic and political advances in this region. In January 2018, Cambodia, as the rotating co-chair, successfully hosted the 2nd LMC Summit by injecting new ambitions and future action plans into the equation. Notably, three years after its inception, the LMC has become a prominent sub-regional institution in the Mekong region, and can be expected to influence and shape the region’s geopolitical, economic, social and ecological landscape.
The Mekong countries have expressed support for the China-led LMC in varying degrees. Myanmar, Thailand and Vietnam are more cautious of China’s strategic intentions compared to Cambodia and Laos which are relatively comfortable and confident in accepting China’s geo-economic presence. Cambodia is most enthusiastic of China-led multilateral mechanisms, including the LMC, due to its own economic and political considerations. This Perspective discusses Cambodian perspectives on the LMC and discusses the challenges facing LMC and its prospects.
Citation
Chheang, Vannarith. 2018. Lancang-Mekong Cooperation: A Cambodian Perspective. © ISEAS Yusof Ishak Institute. http://hdl.handle.net/11540/9403.ISSN
2335-6677
Keywords
Development Economics
Regional Economic Development
Economic Impact
Asian Development Bank
Development
Economic Boom
Regional Economic Integration
Good Governance
Governance Approach
Macroeconomic
Macroeconomic Analysis
Macroeconomic Framework
Macroeconomic Models
Macroeconomic Performance
Macroeconomic Planning
Macroeconomic Policies
Macroeconomic Reform
Macroeconomic Stabilization
Economic planning
Economic structure
Growth policy
Trade relations
Trade policy
Trade policy
Economic development
Economies in transition
International economy
Border integration
Economic integration
Gross domestic product
Trade policy
Institutional Framework
Public Administration
Business Ethics
Regional economics
Economic forecasting
Economic development projects
Success in business
Business
Free trade
Economics
Communication in economic development
Restraint of trade
International economic integration
Trade blocs
East-West trade
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