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ECONOMIC CRISIS, 1997 (1) answer(s).
 
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Does ASEAN matter? International relations theories, institutional realism, and ASEAN / He, Kai   Journal Article
He, Kai Journal Article
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Publication 2006.
Summary/Abstract The 1997 economic crisis and the ensuing political and social disorders not only have put regional security at stake, but also have seriously challenged the relevance of the Association of Southeast Asian Nations (ASEAN) in regional affairs. This article introduces a new institutional theory – institutional realism – to address the widely debated questions: Does ASEAN matter? If so, how? It argues that (1) ASEAN still matters in terms of coping with extra-regional threats through an institutional balancing strategy; (2) ASEAN's future depends on its institutional consolidation in dealing with intra-regional security problems.
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