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Item Details
Title: ECONOMIC CRISES AND THE BREAKDOWN OF AUTHORITARIAN REGIMES
INDONESIA AND MALAYSIA IN COMPARATIVE PERSPECTIVE
By: Thomas B. Pepinsky
Format: Hardback

List price: £44.00
Our price: £38.50
Discount:
12.5% off
You save: £5.50
ISBN 10: 0521767938
ISBN 13: 9780521767934
Availability: Usually dispatched within 1-3 weeks.
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Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 1 August, 2009
Pages: 344
Description: Thomas B. Pepinsky examines how coalitions and capital mobility in Indonesia and Malaysia shape the links between financial crises and regime change.
Synopsis: 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.
Illustrations: 17 b/w illus. 31 tables
Publication: UK
Imprint: Cambridge University Press
Returns: Returnable
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