A Gathering Storm? The Politics of Recession in Southeast Asia

Economic growth in the main economies of Southeast Asia is expected to be cut in half this year.  The region’s last major economic crisis, in 1997-98, triggered demonstrations and changes of government in several Southeast Asian states.  What can we expect this time around?  How will the recession affect the influence of China, progress toward East Asian and Pacific integration, and the balance of power between maritime and mainland Asia?  Asia’s recession could also exacerbate political dilemmas already confronting the region.  The Association of Southeast Asian Nations (ASEAN) is in trouble.  Despite the ideas and energy of its new secretary-general, Surin Pitsuwan, the organization suffers from a troubling leadership vacuum.  Are there, nevertheless, regional solutions to the crisis and its repercussions?  Does ASEAN Plus 3 (China, Japan, and South Korea) have a role to play in pulling the region out of this crisis?  Will Indonesia step into ASEAN’s vacuum and lead the region?  Please join us to discuss these and other relevant issues.

Paperback copies of two books—Hard Choices:  Security, Democracy, and Regionalism in Southeast Asia (2008) and Asia’s New Regionalism (2008)—will be available for purchase in conjunction with this event.

Please join us at Asia Society’s New York Headquarters or online via live Webcast, to discuss these and other pertinent issues.  Internet listeners will be able to ask questions and offer comments via email during the webcast.  Please send your questions to moderator@asiasociety.org.

Policy programs at the Asia Society are generously supported by the Nicholas Platt Endowment for Public Policy.

This event is co-sponsored by the Stanford New York Alumni Board.