This book aims to: (1) discuss the developments of macroeconomic and trade-policy mix against the backdrop of the eurozone sovereign debt crisis and economic prospects for major countries in Southeast Asia (i.e., Singapore, Thailand, Malaysia, Indonesia, and Vietnam); (2) assess the effectiveness of policy responses to the global economic unrest; (3) identify opportunities and challenges facing Southeast Asia in the midst of the global economic slump when developing Southeast Asia leverages on an ever-expanding role in the global business environment; (4) rethink the East Asian model of growth where enormous gains were driven principally by export demands from advanced economies; and (5) pioneer the key areas of regional cooperation and macroeconomic and trade policy reforms that may potentially strengthen regional economies.
•Suthiphand Chirathivat is Executive Director, ASEAN Studies Center, Chulalongkorn University, Thailand.
•Chayodom Sabhasri is Dean, Faculty of Economics, Chulalongkorn University, Thailand.
•Aekapol Chongvilaivan is Economist, Pacific Department, Asian Development Bank (ADB).