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PacNet #28 – SARS and East Asia’s Four Transformations

The 1997-98 Asian Financial Crisis began a transformation of East Asia and East Asian societies; the effects of this crisis are still being felt in the region today. Five years later, East Asia is in the throes of another transformation, thanks to severe acute respiratory syndrome, or SARS. SARS is pushing this “revolution” even further in the four critical areas of politics, economics, society, and the regional mindset.