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The global economic crisis has swept across Asia and brought into sharp focus attempts by nations to cooperate and to integrate their economies. In many ways, the financial crisis of the late 1990s led to the formation of regional cooperation mechanisms to stabilize markets and currencies in times of turmoil. Now these initiatives are being tested. In the third edition of Development Asia, William Branigin, a Washington Post staff writer and the newspaper's former Southeast Asia bureau chief for more than a decade, explores the impact of the global economic crisis on Asian economic cooperation. The insights are compelling. In addition, this edition looks at one of the unsung success stories of regional cooperation in Asia: the victory over piracy in the Malacca Strait. What was once one of the world's most dangerous shipping lanes is now patrolled by coordinated forces from the three nations surrounding the Strait—Singapore, Malaysia, and Indonesia. As a result, only two attempts to
