Changing International Orders and Policy Reforms in Developing Economies: The Case Study of the Philippines and Southeast Asian Countries

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Single Round Table

Schedule

Session 10
Thu 10:00-11:30 Sala J. J. Linz

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Abstract

The “Washington Consensus,” once regarded as an influential guideline for policy reforms in developing economies, has largely disappeared, especially in Washington itself. At the same time, there is a growing retreat in confidence toward democratic governance. The future of liberal democracy, which has traditionally been seen as a pathway to human development, is now uncertain.
How do changes in international economic and political orders influence policy and governance reforms in developing economies? How can we foster effective cooperation to ensure economic well-being across Asia today? These central questions guide our research project, which seeks to explore the dynamic interplay between global changes and domestic policy transformations. These reforms are ongoing efforts, deeply rooted in historical trajectories, and vary significantly across different policy areas. Our project is a collaborative initiative, bringing together specialists from various policy areas to provide a holistic perspective on these changes. The Philippines and other Southeast Asian countries offer a compelling case study of how developing economies reform and adapt in a time of geopolitical uncertainty, shifting power balances, and contested visions of world order.

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