economic regions without any economic restriction from the government. In addition, considering the fact the Foreign Direct Investments (FDIs) are the essential pillar that sustaining economic prosperity of China, Hong Kong takes a part in promoting foreign corporate’s entrance into the Chinese market. One of the central players of this crucial Hong Kong economy is SoutheastAsian Chinese roote
east Asia order under their lead by enforcing MD system and tougher stance toward North Korea and China, and so forth. By showing these actions, he made clear that he would continue the NortheastAsian policy of Clinton’s Administration in the base.
The second is to have advantage in reducing cost by sharing it with the allies. This includes the regulation of US Army alignment, adjustment for
to behave and interact with other nations
Diverse factors of
East Asia Economic Regionalization
ASEAN is the organization to accelerate the economic growth, social progress and cultural development in the region through joint endeavors in the spirit of equality and partnership in order to strengthen the foundation for a prosperous and peaceful community of SoutheastAsian Nations.
Legislative, Judicial
(중략)
Reformation Era
Pro-democracy Movement
Economic crisis and Suharto’s resignation - EastAsian Financial Crisis (97 - 98) --- --- Indonesian 1998 Revolution
Politics Since 1998
The people’s Consultative Assembly
(MPR), Elected Wahid as the president
(October 1999)
First direct Presidential election in 2004,
elected Yudhoyono as president
Asians accumulated foreign reserves for better future (Saving Glut)
- Saving Glut influenced interests rate of developed countries to be low
Many methods of investment were encouraged in developed countries
Economic recession finally occurred :
- The developed countries were not able to pay back the debts
- Global Imbalance arose
Outlines :
How China influenced the global