Governments and Markets in East Asia The Politics of Economic Crises 1st Edition by Jungug Choi – Ebook PDF Instant Download/Delivery:9781134150533, 1134150539
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ISBN 10: 1134150539
ISBN 13: 9781134150533
Author: Jungug Choi
Governments and Markets in East Asia examines the relationship between economic performance, elite co-operation, and political regime stability in the context of the Asian crisis, and argues that economic crisis is not the cause of greater political harmony or discord, but rather that it serves as a catalyst that may encourage elites to cooperate or conflict depending upon the particular circumstances at the time of crisis. This book maintains that the political consequences of the Asian crisis varied according to the type of elite that existed in each stricken society. Including a comprehensive comparative study of five countries’ experiences during the economic crisis: Indonesia, Thailand, Malaysia, South Korea and the Philippines, this book investigates the pre-crisis political context and elite configuration of these five countries, and considers what lessons can be drawn from their experiences. Constituting an impressive body of descriptive and theoretical material on the Asian crisis, this book looks towards the implications of economic crisis for elite behaviour and political stability.
Governments and Markets in East Asia The Politics of Economic Crises 1st Table of contents:
1 Introduction: Economic Crises, Political Elites, and Democratic Stability
Crises, Cooperation, and Democratic Stability
Elite Paths to Democratic Stability
Path One to Elite Consensus: An Elite Settlement and its Preconditions
Path Two to Elite Consensus: Elite Convergence and its Preconditions
Economic Crisis and the Deepening of Elite Consensus
Outline of the Volume
2 The Outbreak of the Asian Economic Crisis and its Socioeconomic Consequences
Features and Causes of the Economic Crisis
Economic Vulnerabilities
Socioeconomic Responses and Effects
An Excursus on the Philippines
Conclusion
3 Political Circumstances Before the Asian Economic Crisis: Elite Configurations in the Five Countries
Indonesia
Thailand
The Philippines
Malaysia
South Korea
Conclusion
4 Economic Crisis, Divided Elites, and Prospects for an Elite Settlement
Precrisis Power Imbalance, External Pressures, and No Elite Settlement
Strong Old-Regime Forces and Disunited Opposition Forces: Political Cleavages in the 1999 General Election
Logrolling, Veto Power, and Captured Presidency: An Outcome of Elite Fragmentation
Conclusion
5 Economic Crisis, Fragmented Elites, and Prospects for Elite Convergence
Political Cleavages Before the Crisis
The Philippines: Dominant but Tractable Ethno-Linguistic Cleavages
Convergence Attempts and Failures
The Philippines: Constitutional Debate, Populism, and Communist Insurgency
Conclusion
6 Economic Crisis, Consensual Elites, and Prospects for the Further Consensus
Malaysia
South Korea
7 Conclusions
Notes
1 Introduction: Economic Crises, Political Elites, and Democratic Stability
2 The Outbreak of the Asian Economic Crisis and its Socioeconomic Consequences
3 Political Circumstances Before the Asian Economic Crisis: Elite Configurations in the Five Countries
4 Economic Crisis, Divided Elites, and Prospects for an Elite Settlement
5 Economic Crisis, Fragmented Elites, and Prospects for Elite Convergence
6 Economic Crisis, Consensual Elites, and Prospects for the Further Consensus
7 Conclusions
Bibliography
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