Can Asia remain stable amid the political shock waves from the West?
Daniel Wagner says while better prepared than in the past, regional governments and the people must avoid overreacting to tumultuous events emanating from the US and Europe
As the world continues to gyrate from the political paradigm shift under way with the rise of “alternative” political movements, many countries will struggle to adjust to the “new normal”.
For developing nations and emerging markets, the stakes are particularly high as their ability to continue to grow economically and maintain social order will often depend on the continuation of a delicate balance between the rights of individuals, protection of domestic industries, minimising income disparity and maintaining security. This becomes more difficult when the status quo elsewhere is being disrupted. Governments that fail to anticipate the pace and depth of change may, in the end, fall.
Outrage in multi-ethnic Malaysia as PM Najib’s government backs Islamic law
Will other countries with a historical orientation towards the US change that stance, as the Philippines has done, and shift towards China? Will the embrace of some aspects of Islamic law in Malaysia and Indonesia result in an inexorable move toward Islamic law more broadly with time?