Southeast Asia continues to surprise. In the late 1990s the region’s seemingly inexorable economic rise was abruptly derailed by a largely unforeseen crisis which rapidly overturned expectations about the future development of the region and about the durability of its economic development. In the intervening decade, however, much of the region bounced back and some of the former confidence and optimism that surrounded the region returned. While there were always those that questioned the depth and quality of the economic transformation that occurred in Southeast Asia over the last 20 or 30 years, cautious optimism appeared justified as the region’s economies seemed to be back on track.
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- Introduction: Making Sense of Southeast Asia
- Macmillan Education UK
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- Chapter 1