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Doan, Xuan Loc (2009) Challenges Facing ASEAN and East Asia in a Turbulent Time. Global Policy Institute Policy Report. pp. 2-11.
On 17 April (2009), the second meeting of ASEAN (Association of Southeast Asian Nations) and AAF (Asia Forum) meeting took place in Singapore. This one-day conference was organised by the Singapore Institute of International Affairs (SIIA) and was attended by some 300 representatives of the region’s governments, private sector and think-tanks. Given the timing of this meeting it is not surprising that one of the key issues raised by the forum was what Asian governments, multinational corporations and institutions should do in response to the current global financial crisis (GFC). This paper reviews the impact of the current crisis on the economies of ASEAN and East Asia, the policy response, and their likely outcomes, in the context of the presentations made at the ASEAN-AAF meeting.
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