The political dimensions of the 1997-99 Asian financial crisis have been largely ignored. Yet political factors are crucial to understanding the crisis and the differing ways in which the democracies and authoritarian regimes in the region responded to it.
About the Author
Stephan Haggard is the Lawrence and Sallye Krause Professor of Korea-Pacific Studies and director of the Korea-Pacific Program in the School of Global Policy and Strategy at the University of California, San Diego.
Under Xi Jinping, the Chinese Communist Party has wound down local elections and reasserted control in the countryside. But putting these burdens on its own shoulders brings new and significant…
World events-recent, current, and almost certainly to come-drive home the truth that before there can be a democratic state, there must first be a functioning state, period. Creating workable states…
China’s government looks to Singapore, the only country in the region to modernize without liberalizing, in hopes of finding the key to combining authoritarian rule with economic progress and “good…
