1st Edition

Politics and Markets in the Wake of the Asian Crisis

392 Pages
by Routledge

390 Pages
by Routledge

400 Pages
by Routledge

This book is a challenging volume by distinguished, leading scholars of East Asian political economy; it provides a distinct alternative to simplistic accounts of the Asian crisis which generally swing between an emphasis on convergence imposed by global economic forces, and the resurrection of the special patterns of East Asian economic governance. The authors argue that global forces and... Read more
Part I The end of Asian capitalism? 1 Introduction: interpreting the crisis 2 Comment: crisis and the developmental state in East Asia 3 The financial crisis in Southeast Asia 4 State power and economic strength revisited: what’s so special about the Asian crisis? Part II Crisis of the developmental state 5 The state, structural rigidity, and the end of Asian capitalism: a comparative study of Japan and South Korea 6 Fragility or continuity? Economic governance of East Asian capitalism 7 The dilemma of market liberalization: the financial crisis and the transformation of capitalism 8 A meltdown with ‘Chinese characteristics’? 9 The Asian crisis and the perils of enterprise association: explaining the different outcomes in Singapore, Taiwan and Korea Part III Crisis of oligarchic capitalism 10 Surviving the meltdown: liberal reform and political oligarchy in Indonesia 11 Thailand’s capitalism before and after the economic crisis 12 Economic nationalism and its discontents: Malaysian political economy after July 1997 13 The Philippines: the making of a neo-classical tragedy Part IV Regional and international context of the crisis 14 The international relations of the Asian economic crisis: a study in the politics of resentment 15 Moral (and other) hazards: the IMF and the systemic Asian crisis 16 Australia in the shadow of the Asian crisis Part V Conclusion: scenarios for East Asia 17 Authoritarian liberalism, governance and the emergence of the regulatory state in post-crisis East Asia

Biography

Richard Robison is Professor of Asian and International Politics, and Director of the Asia Research Centre, Murdoch University, Australia; he is the author and editor of many books, including, most recently, The Political Economy of Southeast Asia. Mark Beeson is Lecturer in International Politics at Griffith University, Australia. Kanishka Jayasuriya is Senior Research Fellow at the Asia Research Centre, Murdoch University; Routledge recently published his Law, Capitalism and Power in Asia: The rule of law and legal institutions. Hyuk-Rae Kim is Professor in the Department of Korean Studies, Yonsei University, Korea.