Abstract
For better or for worse, the last half of 1997 was an extraordinary period in the annals of East Asia. The financial turbulence that engulfed the region from July onwards served as a catalyst to rekindle the spirit of co-operation among countries in Northeast and Southeast Asia. Amid a global trend to wards more integration, the crisis accentuated the importance of closer co operation among Asian countries. The idea of sticking together in difficult times is no longer a choice but a necessity. But this newfound feeling of solidarity also carries the latent danger of the emergence of a siege mentality and closed regionalism, and ultimately an East Asian trade bloc.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
