Editing Asian values (section)

=== Post-2000 ===
The popularity of the concept has not persist. Some speculate it might have contributed to the religious, social, cultural and economic changes occurring in Asia in that time — for example, the [[Asian financial crisis]] and the [[Fall of Suharto|collapse]] of the [[New Order (Indonesia)|Suharto regime]] in [[Indonesia]] may have been successfully counteracted by liberal democracy.<ref>Milner A. [http://dspace.anu.edu.au/html/1885/41912/values.html "What's Happened to Asian Values?"] Faculty of Asian Studies, ANU, 1999.</ref><ref>Krugman P. [http://web.mit.edu/krugman/www/swansong.html "Latin America's Swan Song"] An MIT web page article, unsourced and date not stated. Accessed 21 May 2014.</ref><ref>Francis Fukuyama F. "The End of History and the Last Man". Free Press 1992. {{ISBN|0-02-910975-2}}.</ref>

In 2006, [[Jusuf Kalla]], the vice-president of Indonesia, linked Asian values with the proposed East Asian Free Trade Agreement and the East Asian Community arising from the [[East Asia Summit]]. He partly defended Asian values by placing emphasis on co-operation over competition.<ref>[http://english.people.com.cn/200612/01/eng20061201_327303.html "Indonesia calls for countries to bear Asian values."] People's Daily Online, an English language Chinese online news website. Accessed 21 May 2014.</ref>

In [[East Timor]], the idea of "Asian values", or "Timorese values", that diverged from the internationally understood idea of democracy emerged following the [[2012 East Timorese presidential election]]. This election saw the incumbent [[José Ramos-Horta]], a member of what was seen as an older generation linked to the introduction of democracy, eliminated in the first round.<ref>{{cite book |last=Feijó |first=Rui Graça |editor1-last=Ingram |editor1-first=Sue |editor2-last=Kent |editor2-first=Lia |editor3-last=McWilliam |editor3-first=Andrew |title=A New Era?: Timor-Leste after the UN |date=17 September 2015 |publisher=ANU Press |isbn=9781925022513 |url=https://books.google.com/books?id=ulSyDQAAQBAJ |chapter=Challenges to the Consolidation of Democracy |chapter-url=https://books.google.com/books?id=ulSyDQAAQBAJ&pg=PA59 |pages=61–62}}</ref> Ramos-Horta would, however, go on to win the presidency again a decade later, following a campaign aimed at addressing global issues affecting East Timor.<ref name="reu21ap">{{cite news |date=21 April 2022 |title=Ramos-Horta declares victory in East Timor presidential election |language=en |work=Reuters |url=https://www.reuters.com/world/asia-pacific/ramos-horta-declares-victory-east-timor-presidential-election-2022-04-21/ |url-status=live |access-date=30 August 2022 |archive-url=https://web.archive.org/web/20220421074711/https://www.reuters.com/world/asia-pacific/ramos-horta-declares-victory-east-timor-presidential-election-2022-04-21/ |archive-date=21 April 2022}}</ref>

"Asian values" continues to be discussed in academia with reference to the question of the universality of [[human rights]], as opposed to a position of [[cultural relativism]].<ref>
[http://www.icrc.org/eng/resources/documents/misc/57jqzl.htm "The Asian values debate and its relevance to international humanitarian law."] {{webarchive|url=https://web.archive.org/web/20140106040634/http://www.icrc.org/eng/resources/documents/misc/57jqzl.htm|date=6 January 2014}} ICRC.</ref>