Asean needs to step up its financial act

In a commentary, SMU Associate Professor of Economics (Practice) Tan Kim Song and Manu Bhaskaran, CEO of Centennial Asia Advisors opined that Asean needs to strengthen its safety net against another crisis. They recommend a stronger Asean-centric mechanism for crisis prevention and crisis resolution that will also help to “signal to the world of the group’s commitment to play a bigger role in securing its own economic future and prosperity”.