By Manu Bhaskaran
We are now only into the second month of the war in Ukraine and, no doubt, much can still surprise us before it is finally settled. However, it is already clear that the shocking events since Feb 24 will change the political and economic structures that Southeast Asian countries operate in, thus creating a new world order.
We can see, in rough outline, two dimensions of this new order: The first is a geopolitical order that could be harsher for less powerful countries. The second is a more difficult economic regime but one that our region can still do relatively well in.
Geopolitical dimension: Southeast Asia as a key arena for geopolitical frictions