Eoin Treacy's view Myanmar shares borders with three regions that have implemented considerable economic reforms - China, India and Southeast Asia. All three regions have become an integral part of the global economy, taking advantage of international trends in trade and investment to achieve enviable levels of economic growth and development in emerging markets. In Southeast Asia, Thailand, Singapore, Malaysia and Indonesia are regarded as highly successful on the economic front. Other countries, such as the Philippines are catching up and Vietnam is making more gradual progress. Myanmar is a member of the Association of Southeast Asian Nations (ASEAN) group as are most of its neighbors, but has lagged behind in its economic development. With the push to normalize relations with its major multilateral development bank creditors, Myanmar is taking a step to joining the ranks of Asia's tiger economies.