Impact and Response of Asian Economic Crisis and Global
Imbalances of Emerging Market Economies
Deputy Dean of the Faculty of Integrated Social Sciences and Lecturer of Economic Department
Consultant of Indo-China Economy Research Division Khon Kaen University, Nong Khai Campus, Muang,
Nong Khai, Thailand 43000
E-mail: firstname.lastname@example.org, email@example.com
This paper aims to examine and describe the impact and response of
Asian debt crisis and global imbalances particularly of emerging market
economies. It is necessary to explain the related backgrounds to address the
objective. These backgrounds consist of Asian debt crisis, current global
imbalances situation and importance of emerging market driven economies.
The qualitative and documentary research applied to achieve the main objectives.
The other objective is to propose reliable and plausible policy implementation.
According to the fidings and results of study, it can be stated that the
perforation and role of regional economic integration especially in the ASEAN
region as ASEAN Economic Community (AEC) will be included. This is possible
instrument to develop the economic integration level of this region to be deep
economic integration as single market to decrease the global economy
imbalances and accelerate mutual benefis.
JEL: F31, F33, F36, F38
Keywords: Asian Economic Crisis, Global Imbalances and Emerging Market