ASEAN Economics

The module is aimed at equipping the students with detailed knowledge about various aspects of the ASEAN as a regional bloc. The module will enable the students to understand the highlights of some of the major ASEAN economies together with several thematic issues they face and the possible ways to address them. The module will also sensitize the students with the most recent regional developments such as the RCEP, TPP, AIIB, OBOR (BRI), BRICS New Development Bank, and their impact on ASEAN countries. Finally, the module will take the students through the 1997 Asian financial crisis and the measures undertaken by them to avoid similar occurrences resulting in their less reliance on IMF. The 2008 global financial crisis will also be taught in the class together with the measures taken by Obama administration towards addressing the crisis; and the class will also examine the recent revoking of some of those measures by the current US administration reflecting how little one has learnt the lesson from the 2008 global financial crisis.