Politics and Markets in the Wake of the Asian Crisis

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ISBN: 9780415220569 | 0415220564
Cover: Hardcover
Copyright: 12/2/1999

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The fallout from the crisis in Asia has been immense. Asia's position as the global economy's growth engine is no longer tenable.Politics and Markets in the Wake of the Asian Crisisputs the crisis in its global context, reassessing its impact on governments and economies around the world.

List of illustrations

Notes on contributors

Preface

xiii

Acknowledgements

Part I The end of Asian capitalism?

(74)

Introduction: interpreting the crisis

(22)

Mark Beeson

Richard Robison

Comment: crisis and the developmental state in East Asia

(9)

K. S. Jomo

The financial crisis in Southeast Asia

(19)

Jefferey A. Winters

State power and economic strength revisited: what's so special about the Asian crisis?

(22)

Linda Weiss

John M. Hobson

Part II Crisis of the developmental state

(94)

The state, structural rigidity, and the end of Asian capitalism: a comparative study of Japan and South Korea

(22)

Chung in Moon

Sang-Young Rhyu

Fragility or continuity? Economic governance of East Asian capitalism

(17)

Hyuk-Rae Kim

The dilemma of market liberalization: the financial crisis and the transformation of capitalism

116

(14)

Yeon-Ho Lee

Hyuk-Rae Kim

A meltdown with `Chinese characteristics'?

130

(21)

Lance L. P. Gore

The Asian crisis and the perils of enterprise association: explaining the different outcomes in Singapore, Taiwan and Korea

151

(18)

James Cotton

Part III Crisis of oligarchic capatalism

169

(90)

Surviving the meltdown: liberal reform and political oligarchy in Indonesia

171

(21)

Richard Robison

Andrew Rosser

Thailand's capitalism before and after the economic crisis

192

(20)

Kevin Hewison

Economic nationalism and its discontents: Malaysian political economy after July 1997

212

(26)

Khoo Boo Teik

The Philippines: the making of a neo-classical tragedy

238

(21)

Walden Bello

Part IV Regional and international context of the crisis

259

(54)

The international relations of the Asian economic crisis: a study in the politics of resentment

261

(22)

Richard Higgott

Moral (and other) hazards: the IMF and the systemic Asian crisis

283

(14)

Richard Leaver

Australia in the shadow of the Asian crisis

297

(16)

Mark Beeson

Stephen Bell

Part V Conclusion: scenarios for East Asia

313

(18)

Authoritarian liberalism, governance and the emergence of the regulatory state in post-crisis East Asia

315

(16)

Kanishka Jayasuriya

Bibliography

331

(32)

Index

363

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Politics and Markets in the Wake of the Asian Crisis

Summary

Table of Contents

Supplemental Materials