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Source: CERN Global Dialogue Series
Background Studies Prepared for the Bangkok Meeting
SUMMARY
These country case studies offer detailed, political economy analyses of the Asian financial crisis and the different approaches to managing each country's recovery. Wing Thye Woo gives a broad comparative analysis of the economic and political dimensions of the crisis in Malaysia, South Korea, and Indonesia. Jongryn Mo details reforms in South Korea undertaken as a result of the crisis, and the factors that made these reforms politically feasible. Pasuk Phongpaichit and Chris Baker analyze the politics of reform in Thailand, both during its boom period and the post-crisis period, giving particular emphasis to distributional issues.
Jongryn Mo
Pasuk Phongpaichit
Chris Baker
Without a ceasefire with Ukraine on attacking each other’s energy infrastructure—to which the Kremlin is unlikely to agree—the diesel agreement between Putin and Trump is largely for show, rather than representing a genuine increase in the volumes of Russian diesel on the global market.
Sergey Vakulenko
Russian strikes are weakening the economy sustaining Ukraine’s war effort. Closing the growing funding gap will require more European support and politically contentious reforms in Kyiv.
Balázs Jarábik
For every ruble allocated to social policy, health, and education in 2027, double that amount is earmarked for the army, the police, and the security services.
Alexandra Prokopenko
Cargo traffic through Russia’s Northern Sea Route has increased because of the disruption caused by the conflict in the Middle East, the Ukraine war, and U.S.-China tensions.
Mikhail Korostikov
Trump has promised Belarus a massive potash deal. But Minsk is seeking something greater: restored Western transit and greater room for maneuver from Russia.
Balázs Jarábik
