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The Global Economy in Turbulent Times
book

The Global Economy in Turbulent Times

by See-Yan Lin
June 2015
Intermediate to advanced content levelIntermediate to advanced
600 pages
27h 11m
English
Wiley
Content preview from The Global Economy in Turbulent Times

CHAPTER 120 ASEAN Stimulus1

Over the past two weeks, I have had the opportunity to make brief study trips to the other main countries in ASEAN (Singapore, Indonesia, Philippines, Thailand, and Vietnam), and more recently, ASEAN+3 (Japan, China, and South Korea) to update (and learn first hand) the impact of the ongoing global financial crisis and the attendant global recession.

I also participated in the Asian Economic Forum in Jakarta (March 22–24, 2009) organized by the Indonesian Ministry of Trade; Universiti Indonesia and Centre for Strategic and International Studies (CSIS) Indonesia; Columbia University; Keio University; Korea Institute of International Economic Policy; and University of California, Davis. The broad range of contributors came mainly from the principal ASEAN+3 nations, comprising academics, economists, and practitioners, including the Ministers of Finance and Trade, Indonesia. The theme was “The World in Crisis: National Strategies in an Interdependent World,” with a one-day session on East Asia’s response to the global economic crisis.

In addition, while visiting these countries, I also tapped on the Harvard alumni Asia-network comprising academics, professionals, entrepreneurs, and graduate students, who are well informed, well connected, but a rather random group. They provided me with a valuable second opinion, embracing an all-round cross-sectional “feel” of the current state of the political economy in ASEAN+3, which I so very badly needed.

My position ...

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Publisher Resources

ISBN: 9781119059967