The economic beating that Asia's tigers and dragons took from July 1997 left them dragging their tails between their legs, but the assumption that they have weathered the crisis is potentially an even greater danger, according to panelists attending the Asian Economic Crisis and Prospects for ASEAN-Japan Relations forum.
Eric Teo, honorable secretary of the Singapore Institute of International Affairs, warned in his summation that not all is rosy in the Association of Southeast Asian Nations' garden.
Quoting the ancient Chinese saying "Know yourself, know your enemy," from Sun Tzu's bible on warfare "The Art of War," Teo said "We should know how to confront our challenges of tomorrow.