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Asia’s financial futures

Jyh‐Hong Lin (Jyh‐Hong Lin, Graduate Institute of International Business, and Center for Futures Studies, Tamkang University, Tamsui, Taipei, Taiwan.)

Foresight

ISSN: 1463-6689

Article publication date: 1 April 2002

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Abstract

In spite of strong economic recovery since 2000, the worst of the financial crisis in Asia may not be over. This article uses a predictive‐cultural‐critical framework to consider possible futures for economic development in the region. In the predictive dimension, the economic outlook for Asia looks pessimistic. In the cultural dimension, we give a negative expression to Asian appreciation and tolerance. In the critical dimension, we indicate an inconsistency between belief and action in Asia. However, a brighter future for Asia can be created if economic integration leads to political disintegration associated with market mechanisms and if the economic integration separates itself from Asian values.

Keywords

Citation

Lin, J. (2002), "Asia’s financial futures", Foresight, Vol. 4 No. 2, pp. 25-32. https://doi.org/10.1108/14636680210435119

Publisher

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MCB UP Ltd

Copyright © 2002, MCB UP Limited

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