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ndonesia's total land area measures 1.9 million square kilometers (750,000 square miles), Anne Booth has characterized the economic history of Indonesia with the somewhat melancholy phrase 'a history of missed opportunities' (Booth 1998). One may compare this with J. Pluvier's history of Southeast Asia in the twentieth century, which is entitled A Century of Unfulfilled Expectations (Breda 1999). The missed opportunities refer to the fact that despite its rich natural resources and great variety of cultural traditions, the Indonesian economy has been underperforming for large periods of its history. A more cyclical view would lead one to speak of several ‘reversals of fortune.' Several times the Indonesian economy seemed to promise a continuation of favorable economic development and ongoing modernization (for example, Java in the late nineteenth century, Indonesia in the late 1930s or in the early 1990s). But for various reasons Indonesia time and again suffered from severe incidents that prohibited further expansion. These incidents often originated in the internal institutional or political spheres (either after independence or in colonial times), although external influences such as the 1930s Depression also had their ill-fated impact on the vulnerable export-economy.

Thailand:

After October 1973 and political revolution in Thailand , this country has encountered so many changing in system of economy and in development strategies. but now The economy of Thailand is an emerging economy which is heavily export-dependent, with exports accounting for more than two thirds of gross domestic product (GDP) The exchange rate is Baht 33.00/USD. Thailand has a GDP worth 8.5 trillion Baht (on a purchasing power parity (PPP) basis), or US$627 billion (PPP). This classifies Thailand as the 2nd largest economy in Southeast Asia after Indonesia. Despite this, Thailand ranks midway in the wealth spread in Southeast Asia as it is the 4th richest nation according to GDP per capita, after Singapore, Brunei and Malaysia.

Philippines:

Since the end of World War II, the Philippine economy has been very turbulent. Initially a fast growing economy, the Philippines was one of the richest countries in Asia (following Japan), and in the 1960s it would have become one of Asia's superpowers. But now, at this time, The economy of the Philippines has a mixed economic system, and one of the newly industrialized emerging market economies of the world. In 2007, it was ranked as the 37th largest economy by the International Monetary Fund according to purchasing power parity. It is one of the fastest-growing economies in Asia, posting a real GDP growth rate of 7.3% in the year 2007. Growth slowed to 4.5% in 2008 as a result of the global financial crisis.Important sectors of the Philippine economy include agriculture and industry, particularly food processing, textiles and garments, and electronics and automobile parts. Most industries are concentrated in the urban areas around metropolitan Manila, while metropolitanCebu is also becoming an attraction for foreign and local investors in recent dates. Mining also has great potential in the Philippines, which possesses significant reserves of chromite, nickel, and copper. Recent natural gas finds off the islands of Palawan add to the country's substantial geothermal, hydro, and coal energy reserves.