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    Title: Impact of the East Asian Financial Crisis on the Asia-Pacific Regional Order: A Geo-Economic Perspective
    Authors: Lee, Chyungly
    Keywords: economic leverage;regional order;East Asian financial crisis;geo-economics
    Date: 1999-07
    Issue Date: 2016-10-05 11:00:38 (UTC+8)
    Abstract: Since the collapse of the Thai baht in July 1997, the malfunctions and misalignments of financial markets in many East Asian economies have resulted in adverse effects on the real economy and led to a full-scale, region-wide economic recession. When regional economies adjusted their trade and investment strategies in order to cope with individual economic hardships, the configuration of East Asian economic interdependence has changed. Such changes have raised concerns about regional stability and order as economic leverage becomes one of the major determinants of world order in the post-Cold War era. A geo-economic analysis of regional order in this paper delineates the Asia-Pacific economic geography by trade and investment flows and suggests that the United States and China are the potential winners in the regional geo-economic competition after the onset of the Asian financial crisis.
    Relation: Issues & Studies,35(4),109-132
    Data Type: article
    Appears in Collections:[Issues & Studies: A Social Science Quarterly on China, Taiwan, and East Asian Affairs] Issues & Studies

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