The Asia and Pacific Review The Economic and Business Report: 2000

1999 was hailed by many as Asia's 'year of recovery'. In many countries the recovery simply failed to materialise. Where stock markets boomed, the 'real' economy remained at best cautious. In Japan, Korea and Hong Kong confidence remained a scarce commodity. In the ASEAN countries the fear that the events of 1997 could repeat themselves lingered on. The past year witnessed the dramatic events in East Timor and the intervention of the international community, as well as the political turmoil of Indonesia.;Australia, in the 'referendum that wasn't', voted to retain the monarchy, New Zaland rejected the politics of the right, and Pakistan's military rejected democracy.;Now in its twentieth year of publication, the "Asia & Pacific Review" provides each member country with an analytical overview of recent trends and developments, a country profile, business guide and directory.