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Economic crises and the breakdown of authoritarian regimes : Indonesia and Malaysia in comparative perspective Cover Image

E-book

Economic crises and the breakdown of authoritarian regimes : Indonesia and Malaysia in comparative perspective

Pepinsky, Thomas B. 1979- (Author).

Summary: 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.

Record details

ISBN: 9780511595714
ISBN: 0511595719
ISBN: 9780511593789
ISBN: 0511593783
ISBN: 9780511699191
ISBN: 0511699190
ISBN: 9781107194540
ISBN: 1107194547
ISBN: 0521767938
ISBN: 9780521767934
ISBN: 0521744385
ISBN: 9780521744386
ISBN: 0511651619
ISBN: 9780511651618
Physical Description: 1 online resource (xviii, 326 pages) : illustrations
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Publisher: New York, NY : Cambridge University Press, 2009.

Content descriptions

Bibliography, etc. Note:	Includes bibliographical references (pages 279-311) and index.
Formatted Contents Note:	Crises, adjustment, and transitions -- Coalitional sources of adjustment and regime survival -- Authoritarian support coalitions : comparing Indonesia and Malaysia -- Adjustment policy in Indonesia, June 1997-May 1998 -- Adjustment policy in Malaysia, June 1997-December 1999 -- Authoritarian breakdown in Indonesia -- Authoritarian stability in Malaysia -- Cross-national perspectives -- Conclusions.
Language Note:	English.
Source of Description Note:	Print version record.