New article in The Diplomat, Southeast Asia: “The Next Crisis?”. Not surprisingly, as the major majo in ASEAN, Indonesia continues to play a pivotal role in the economy of the region. Malaysia, as the second in line, also have to work with Indonesia to ensure that the region does not crash and burn when Indonesia’s band-aid solutions to its currency issues run out.
Surprisingly, the author does not mention anything about Singapore and how the city-state can aid its neighbour in restructuring their economy. Perhaps it is still too sensitive in a region where intervention in domestic affairs is seen as taboo.