Launched in 1992, ""Regional Outlook"" is an annual publication of the Institute of Southeast Asian Studies, published every January. Designed for the busy executive, professional, diplomat, journalist, or interested observer, ""Regional Outlook"" aims to provide a succinct analysis of current political and economic trends shaping the region, and the outlook for the forthcoming two years. This forward-looking book contains focused political commentaries and economic forecasts on all ten countries in Southeast Asia, as well as a select number of topical pieces of significance to the region. The preliminary pages contain the ""Political Outlook"" - The Asian Security Environment by Mely Caballero-Anthony; and the ASEAN-10 by Hamzah Sulaiman, Verghese Mathews, Yang Razali Kassim, Vatthana Pholsena, Ooi Kee Beng, Robert H Taylor, Rodolfo C Severino, Gillian Koh Lim Choo, Thitinan Pongsudhirak and Thaveeporn Vasavakul. ""Economic Outlook"" offers Regional Economic Trends by Denis Hew Wei-Yen; and the ASEAN-10 by M Shahidul Islam, Mya Than, Aris Ananta, Nick J Freeman, Lee Poh Onn, Aladdin D Rillo, Manu Bhaskaran and Sakulrat Montreevat. The thematic highlights include(contained in the above sections): Terrorism in the Region: Changing Alliances, New Directions by Sidney Jones; The Threat of Maritime Terrorism and Piracy by Graham Gerard Ong; The Inaugural East Asian Summit: The First Step in a Long Journey by Valrie Engammare and Jean-Pierre Lehmann; The Future for Asias Low-Cost Carriers by Chang Chiou Yi; The End of Textile Quotas: Implications for ASEAN Economies by Ng Boon Yian; An Overview of Foreign Direct Investment Legal Rudiments in ASEAN by Rajenthran Arumugam; and Competition Drives Growth: The Liberalized Telecommunications Sector in the Philippines by Lorraine Carlos Salazar.