Editorial
Document Type
Journal article
Source Publication
Journal of Asian Public Policy
Publication Date
3-1-2010
Volume
3
Issue
1
First Page
1
Last Page
3
Publisher
Routledge
Abstract
We have just passed a very difficult year of 2009 with a lot of ups and downs in terms of economic development, resulting from the global economic crisis that started in October 2008. The current global economic crisis brings back painful memories to people and governments in Asia, especially of those times when they experienced tremendous challenges to social, economic and political developments in the post-1997 Asian financial crisis. It was only in late 1997 that an economic crisis swept the region last, reversing years of economic and social development. While it is very difficult to compare the two economic crises in terms of causes, geographic spread and chronology, both events have had an adverse impact on people’s confidence in consumption. The stagnation of economic growth caused by the current economic crisis has inevitably weakened the capacity of Asian governments in driving reforms of different kinds as part of the consequences of the 1997 Asian financial crisis.
DOI
10.1080/17516231003634138
Print ISSN
17516234
E-ISSN
17516242
Publisher Statement
Access to external full text or publisher's version may require subscription.
Full-text Version
Publisher’s Version
Language
English
Recommended Citation
Mok, K. H. (2010). Editorial. Journal of Asian Public Policy, 3(1), 1-3. doi: 10.1080/17516231003634138