By Lim Chong Yah
Southeast Asia goes via large alterations. The market-oriented economies of Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand were exhibiting powerful progress, quite earlier than the Asian monetary challenge of 1997/98. The transitional economies of Cambodia, Laos, Myanmar and Vietnam also are displaying symptoms of financial awakening and revival after years of inner political and social turmoil. regardless of those encouraging symptoms, the area nonetheless has an extended highway forward to accomplish constructed country prestige. Southeast Asia: The lengthy highway forward is a major and concise learn on quite a few vital monetary points of Southeast Asia. current financial reports at the sector are customarily topical in nature. lots of the courses basically try and supply a partial remedy of the problems and fail to envision those concerns in a holistic demeanour. the target of this e-book is to supply a extra whole cross-country dialogue at the fiscal concerns and difficulties dealing with Southeast Asia. The e-book severely examines the a number of aspects of adjustments and difficulties which were and should be encountered through Southeast Asia.
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Chuan Leekpai re-elected Thailand’s Prime Minister. Thailand turned to IMF for help. 3 billion to Thailand between 1997 and 2000. p65 2001 Thaksin Shinawatra, the leader of the Thai Rak Thai (TRT) party, became Prime Minister. 2003 Loan from IMF fully repaid. p65 Geographical Co-ordinates: 19 00 N, 106 00 E Land: 329,560 sq. p65 1930 Ho Chi Minh founded Communist Party of Indochina. 1941 Ho Chi Minh formed League of Independence of Vietnam, better known as Viet Minh. 2 September 1945 Monarchy abolished.
The colonisation by the Western powers is another raison d’être. Interests in individual countries were confined to the colonising powers, as other countries had no incentive to contribute to the knowledge of these colonies. However, all these are fast changing. p65 1 1/16/04, 3:02 PM 2 Southeast Asia: The Long Road Ahead Brunei, the last colony in Southeast Asia, achieved Independence from the British in 1984. The market-oriented economies in Southeast Asia were turning in spectacular economic performances.
1964 During the outbreak of two racial riots, curfews were imposed. 9 August 1965 Attained Independence after being separated from the Federation of Malaysia. State of Singapore became Republic of Singapore. Yusof bin Ishak became Republic’s first President. Admitted to the United Nations. Became a Member of Commonwealth of Nations. p65 53 1/16/04, 2:58 PM liv Southeast Asia: The Long Road Ahead 1967 Became founding member of ASEAN. 1971 After the death of Yusof Ishak, Dr. Benjamin Sheares became the Republic’s second President.