Evan A. Feingenbaum highlights his work with Brent Scowcroft Center Senior Fellow Robert Manning in Foreign Affairs on the legacy of the Asian financial crisis and what it means for the United States:

As I have argued with Robert Manning, the 1997–98 financial crisis left a searing legacy on many Asian countries. From Indonesia to Thailand, the United States was widely perceived to be disconnected and aloof, dictating clichéd solutions to skeptical Asians. Those perceptions were reinforced when, after bailing out Mexico in 1994, Washington refused to do the same for Thailand just three years later.

Read the full article here.

Related Experts: Robert A. Manning