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Regional Outlook

Southeast Asia 2009-2010

Ian Storey and Lee Poh Onn

Publication Year: 2008

Launched in 1992, Regional Outlook is an annual publication of the Institute of Southeast Asian Studies, published every January. Designed for the busy executive, professional, diplomat, journalist, or interested observer, Regional Outlook aims to provide a succinct analysis of current political and economic trends shaping the region, and the outlook for the forthcoming two years. This forward-looking book contains focused political commentaries and economic forecasts on all ten countries in Southeast Asia, as well as a select number of topical pieces of significance to the region.

Published by: ISEAS–Yusof Ishak Institute

Title Page, Copyright

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Table of Contents

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pp. vii-viii

Since its inception in 1992, the annual Regional Outlook series has offered readers concise and insightful analysis of political and economic trends in Southeast Asia and the wider Asia-Pacific region. Over the course of those sixteen years, Regional Outlook has tracked existing political and...

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pp. ix-xvi

Two events in the first month of 2008 symbolized the passing of one era in Southeast Asia’s political development and the dawning of a new one. On 27 January, former Indonesian President Soeharto died at the age of eighty-six after a long illness. Perhaps more than any...


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Southeast Asia’s Security Outlook

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pp. 3-6

Southeast Asia’s security outlook for 2009–2010 is not altogether positive. Instability in the domestic politics of several Southeast Asian states will persist, and the possibility of violence on the streets of some regional capitals cannot be ruled out. Hardship amongst ordinary...

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ASEAN: New Charter, New Optimism

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pp. 7-9

The first question to ask is why ASEAN needs a charter at all. For forty years ASEAN scored some considerable achievements without a formal constitutive document. It relied instead on informal processes and personal relationships to arrive at common positions on critical international issues and...

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United States–Southeast Asia Relations

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pp. 10-12

The new U.S. administration of Mr Barack Obama will inherit a relationship with Southeast Asia that is generally stronger — both at the bilateral level and the ASEAN/regional level — than is often portrayed both in regional capitals and in Washington D.C. U.S.-Southeast Asia relations are not irritant or problem-free...

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Southeast Asia’s Quest for Energy Security: Cooperation and Tensions

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pp. 13-15

But translating aspirations into changes in energy production and consumption patterns and relations between states is a long process. And some commentators also warn that energy anxieties can introduce tensions between countries and even pose the risk of “resources wars”. Countering this is the...

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The ASEAN-10

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pp. 16-54

The monarchical system is well entrenched, and will continue for the foreseeable future. Neither the current ruler, Sultan Haji Hassanal Bolkiah, the 29th Sultan in the lineage, nor the Crown Prince and Deputy Sultan, Haji Al-Muhtadee Billah, is in any hurry to change...


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Regional Economic Outlook

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pp. 57-63

Southeast Asia will face a slowdown in its economic growth at least over the next one year. In 2008, the region’s economic growth is expected to moderate around 5.4 per cent (Asian Development Outlook (ADO) 2008), sliding further in the first half of 2009. This is significantly...

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The World Trading System and Southeast Asia: Emerging Protectionism and Post-Doha Challenges

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pp. 64-67

The World Trade Organisation's Doha Round has collapsed, perhaps terminally. This predictable failure reflects a much deeper malaise. Policies governing international trade and investment have become hopelessly outdated. They are stuck in anachronistic twentieth-century mindsets, institutions and...

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APEC at 20: Retrospect and Prospect

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pp. 68-78

The year 2009 marks the 20th anniversary of the first APEC ministerial meeting in Canberra. Singapore will also take its turn to host APEC for the second time in 2009, and its first time to host an APEC Economic Leaders Meeting (AELM). Singapore first hosted APEC in 1990, when it was still a...

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Food Crisis in Southeast Asia: What Caused? What Next?

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pp. 79-83

All over the world, rapidly rising food prices have made basic food commodities — rice, maize, wheat, and soybean — unaffordable for the poor. According to the International Financial Statistics (IFS), the world food price index has increased 86 per cent since 2000 — 68.6 per cent for Malaysia’s palm...

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Income Inequalities in Southeast Asia: Potential for Microfinance

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pp. 84-88

Southeast Asian countries have made significant achievements in reducing poverty, particularly extreme poverty. The region is well on track, and is an early achiever in attaining the first Millennium Development Goal (MDG) target of halving extreme poverty by 2015. However, despite this achievement...

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The ASEAN-10

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pp. 89-152

The financial crisis which erupted with the U.S. subprime mortgage in late 2007 has deepened into a global financial crisis since September 2008. The impacts of this crisis are also now increasingly felt by emerging economies around the world and also in ASEAN. This financial shock coupled with...

The Contributors

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pp. 153-155

E-ISBN-13: 9789812309075
Print-ISBN-13: 9789812309068

Page Count: 155
Publication Year: 2008

Edition: 1