The global economic crisis : implications for ASEAN.
ASEAN-Canada Forum 2008
- 1 online resource (viii, 155 pages) : digital, PDF file(s).
- Report / ASEAN Studies Centre ; no. 10 .
- Report (Institute of Southeast Asian Studies. ASEAN Studies Centre) ; no. 10. .
Title from publisher's bibliographic system (viewed on 24 Nov 2015).
background papers: the ASEAN political-security community and the financial crisis -- will changes in economic relationships have an impact on existing strategic relationships? -- ASEAN's response mechanisms for labor and social protection: challenges in creating crisis resilient economies -- what can ASEAN do to address rising poverty levels and social unrest? -- ASEAN: the region's financial sector amid the perfect storm -- a bumpy road toward ASEAN economic community 2015. ASEAN roundtable 2009 -- The global economic crisis: implications for ASEAN --
In June 2009, the ASEAN Studies Centre of the Institute of Southeast Asian Studies and the Konrad Adenauer Stiftung organized ISEAS' annual roundtable, this time on the subject of "The Global Economic Crisis: Implications for ASEAN". The roundtable concluded that the crisis had a significant impact on the region, and ASEAN needed to have a better co-ordinated approach if it was to weather the storm. The region had taken into account the fact that the developed countries like the US and the EU would take a longer time to come out of the crisis. Hence, while export-led growth policies had served the region well in the past, governments now had to adopt policies that were oriented more to the domestic or regional markets. Another conclusion of the roundtable had to do with the notion of 'security'. The current economic crisis was considered as a new kind of insecurity. Hence, the future treatment of regional security should be reconceptualized, so that there could be better prospects of anticipating future threats from the economic realm. Lastly, the roundtable judged that ASEAN had not fully addressed the implications of the current crisis on the poor. In the light of the tendency of the crisis to push increasing number of people to become poor, ASEAN cooperation in labour and social protection needed to aim at preventing the crisis from causing further social damage.