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As the regional financial and economic crisis has bottomed out and the ASEAN countries are on the recovery path, this volume seeks to carry out a post-mortem on the crisis to evaluate the sustainability of the recovery and the long-term direction of the ASEAN economies. It also examines the challenges and competitiveness of these economies which have become significant issues in the post-recovery process. Since it is not sufficient to address the economic and financial aspects, the volume also looks at the human and social dimensions, such as food security, poverty, and cross-border pollution. Furthermore, in the wake of the regional crisis, ASEAN has been criticized as being ineffective. This has prompted a re-examination of the relevance of the regional grouping in its present form, evaluating ASEAN's performance, challenges and opportunities and assessing whether there is a need for change.
The book examines ASEAN's mechanisms in managing challenges and threats to regional security. Its extensive analyses of the ASEAN story of managing regional security cover the different phases of ASEAN's development as a regional organization and explore the perceptible changes that have occurred in regional mechanisms of conflict management. The book also examines the roles of relevant actors beyond the states of ASEAN and the key interactions that have evolved over time, which have been instrumental in moving regional mechanisms beyond the ASEAN way. The book argues that the ASEAN way has not been impervious to change. As the association finds its way through periods of crises and continues to confront the many challenges ahead, ASEAN and its mechanisms are already being transformed beyond the narrow confines of the modalities associated with the ASEAN way. The changes in the political and security landscape of the region, as well as the democratic transitions taking place in some member states, have set the stage for a much more dynamic set of regional actors and processes that bring into question the kind of regionalism that is now taking place in the region. the way regionalism is changing in Southeast Asia.
Myanmar was admitted to ASEAN in 1997, despite an allegedly poor human rights record. This text discusses the formation and evolution of ASEAN with an overview of the political and economic development of Myanmar. It analyses the political, security and economic impact and implications for Myanmar; key ASEAN agreements are included for reference.
In line with recent reviews of policy by Aung San Suu Kyi and the U.S. Government, ASEAN's Myanmar Crisis: Challenges to the Pursuit of a Security Community provides a clear and innovative analysis of why it is necessary to reassess regional and international approaches to Myanmar. For the first time, this book also reveals the full extent to which Myanmar has challenged the solidarity and development of ASEAN itself. This is a must read for anyone interested in either Myanmar or the future ... In line with recent reviews of policy by Aung San Suu Kyi and the U.S. Government, ASEAN's Myanmar Cr.
This book seeks to explain two core paradoxes associated with the Association of Southeast Asian Nations (ASEAN): How have diverse states hung together and stabilized relations in the face of competing interests, divergent preferences, and arguably weak cooperation? How has a group of lesser, self-identified Southeast Asian powers gone beyond its original regional purview to shape the form and content of Asian Pacific and East Asian regionalisms? According to Alice Ba, the answers lie in ASEAN's founding arguments: arguments that were premised on an assumed regional disunity. She demonstrates how these arguments draw critical causal connections that make Southeast Asian regionalism a necessary response to problems, give rise to its defining informality and consensus-seeking process, and also constrain ASEAN's regionalism. Tracing debates about ASEAN's intra- and extra-regional relations over four decades, she argues for a process-driven view of cooperation, sheds light on intervening processes of argument and debate, and highlights interacting material, ideational, and social forces in the construction of regions and regionalisms.
Written by the highly regarded diplomat Marty Natalegawa, former ambassador and foreign minister of Indonesia, this book offers a unique insider-perspective on the present and future relevance of ASEAN. It is about ASEAN’s quest for security and prosperity in a region marked by complex dynamics of power. Namely, the interplay of relations and interests among countries — large and small — which provide the settings within which ASEAN must deliver on its much-cited leadership and centrality in the region. The book seeks to answer the following questions: How can ASEAN build upon its past contributions to the peace, security and prosperity of Southeast Asia, to the wider East Asia, the Asia-Pacific and the Indo-Pacific regions? More fundamentally and a sine qua non, how can ASEAN continue to ensure that peace, security and prosperity prevail in Southeast Asia? And, equally central, how can ASEAN become more relevant to the peoples of ASEAN, such that its contributions can be genuinely felt in making better the lives of its citizens?
The impact of the Asia crisis has contributed to the debate about the need for regulation of global markets. This book outlines the events leading up to and during the Financial Crisis of 1997 and assesses the responses of the financial contagion.
East Asia enjoyed a role as a growth center of the world economy from the 1960s until the currency and economic crisis of 1997. In 1993, the World Bank issued a report entitled "The East Asian Miracle: Economic Growth and Public Policy," in which the bank expressed its admiration for the region 's rapid economic develop ment. However, within only four years the region had fallen prey to the currency and economic crisis that spread outward from Thailand. In the midst of the crisis, many East Asian countries began at long last to cooperate with one another in order to cope with these unprecedented difficulties and to prevent another crisis. In fact, the East Asian region was an exception throughout the 1990s with re spect to regionalism. A surge of regionalism, which began in Europe in the second half ofthe 1980s, spread to North America and Latin America. However, the North east Asian region in particular, consisting of Japan, China (People's Republic of China), and Korea (Republic of Korea), did not participate in any kind of regional economic arrangements. Regional cooperation frameworks were limited to coun tries belonging to the Association of Southeast Asian Nations (ASEAN) and did not spread to the Northeast Asian region.
"Traces ASEAN's political and economic development and explores its impact both within Southeast Asia and beyond"--