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The Economy of Southeast Asia
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Agriculture Fertile River Valleys
½ of all arable land is used for rice Thailand and Vietnam are worlds top rice exporters Rice paddies- flooded fields irrigated by rivers
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Agriculture: Other Crops
Yams Corn Bananas Cassava Edible Root Alternative subsistence crop Rubber Thailand, Indonesia, and Malaysia lead the world in Natural Rubber production
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Agriculture: Fish farming
2x world’s average fish consumption Small operations competing with commercial fishing Over fishing a concern
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Forestry and Mining Logging important but leads to deforestation
Mountainous regions have rich mineral deposits Brunei: Large Oil reserves Indonesia-only Asian country in OPEC Thailand, Malaysia, and Indonesia are three of the worlds leading producers of Tin
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Industry Rapid Industrialization Singapore has most developed economy
Major port with international trading links Malaysia major producer of rubber and palm oil. Electronics Manufacturer Laos, Vietnam, Cambodia have vast resources but lack technology to exploit them
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Transportation Water is used for most transportation
Major ocean trade routs Cambodia lacks highway system Industrializing countries are building more and more roads
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Communications Industrialization determines level of communications
Singapore most developed Use of Cell phones now widespread even in rural areas In cities, most people own or have access to a TV or Radio Government owns or controls TV and Radio
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Trade and Interdependence
Association of Southeast Asian Nations Promote regional development, trade, and economic stability Alternative to foreign investment Working to form a single trading market
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