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 research director for democracy and global governance at the Institute on Global Conflict and Cooperation at the University of California, San Diego.
Does the nature of an authoritarian regime affect the potential for democratic transition? Data since 1972 indicate that some kinds of authoritarian regimes are more likely to democratize than others.
