Cargando…

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...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Pepinsky, Thomas B., 1979-
Formato: Electrónico eBook
Idioma:Inglés
Publicado: New York, NY : Cambridge University Press, 2009.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario: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.
Descripción Física:1 online resource (xviii, 326 pages) : illustrations
Bibliografía:Includes bibliographical references (pages 279-311) and index.
ISBN:9780511651618
0511651619
9780521744386
0521744385
9780521767934
0521767938
1107194547
9781107194540
0511699190
9780511699191
0511593783
9780511593789
0511595719
9780511595714