Economic Crises and the Breakdown of Authoritarian Regimes Indonesia and Malaysia in Comparative Perspective

Why do some authoritarian regimes topple during financial crises, while others steer through financial crises relatively unscathed? In this book, Thomas B. Pepinsky uses the experiences of Indonesia and Malaysia and the analytical tools of open economy macroeconomics to answer this question. Focusin...

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Bibliographische Detailangaben
1. Verfasser: Pepinsky, Thomas B.
Format: E-Book Buch
Sprache:Englisch
Veröffentlicht: New York, N.Y Cambridge University Press 17.08.2009
Ausgabe:1
Schlagworte:
Authoritarianism
Authoritarianism > Indonesia
Authoritarianism > Malaysia
Indonesia > Economic conditions > 20th century
Indonesia > Economic policy > 20th century
Indonesia > Politics and government > 20th century
Malaysia - Economic conditions - 20th century
Malaysia > Economic policy > 20th century
Malaysia > Politics and government > 20th century
ISBN:0521744385, 9780521744386, 0521767938, 9780521767934
Online-Zugang:Volltext
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Beschreibung
Zusammenfassung:Why do some authoritarian regimes topple during financial crises, while others steer through financial crises relatively unscathed? In this book, Thomas B. Pepinsky uses the experiences of Indonesia and Malaysia and the analytical tools of open economy macroeconomics to answer this question. Focusing on the economic interests of authoritarian regimes' supporters, Pepinsky shows that differences in cross-border asset specificity produce dramatically different outcomes in regimes facing financial crises. When asset specificity divides supporters, as in Indonesia, they desire mutually incompatible adjustment policies, yielding incoherent adjustment policy followed by regime collapse. When coalitions are not divided by asset specificity, as in Malaysia, regimes adopt radical adjustment measures that enable them to survive financial crises. Combining rich qualitative evidence from Southeast Asia with cross-national time-series data and comparative case studies of Latin American autocracies, Pepinsky reveals the power of coalitions and capital mobility to explain how financial crises produce regime change.
Bibliographie:Includes bibliographical references and index
ISBN:0521744385
9780521744386
0521767938
9780521767934
DOI:10.1017/CBO9780511609954