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Full Description
The Asian financial crisis of 1997-1998 caused severe hardship in Southeast Asia, and many countries tightened their regulation of banks and other financial institutions, adopted more conservative fiscal policies, and made themselves less vulnerable to Western market fluctuations by forming closer trade and investment ties with their neighbors. This book analyzes the major political and economic reforms that resulted from the Asian financial crisis, looking particularly at how such reforms helped to prepare Asian countries for coping with the 2009 global recession. In each of the ten country chapters, the historical background, social and political system, economic development, and foreign relations of each country are analyzed and compared with those of neighboring countries. The concluding chapter looks ahead at the prospects for Southeast Asia in a more integrated Asian region.
Instructors considering this book for use in a course may request an examination copy here.
Contents
Table of Contents
Preface
Introduction
1. Thailand: Democracy Challenged
2. Vietnam: Still a Long March Ahead
3. Cambodia: Between Powerful Neighbors
4. Laos: A Country at the Crossroads
5. Myanmar: ASEAN'S Problem State
6. Malaysia: Politics of a Plural Society
7. Singapore: City with a Siege Mentality
8. Indonesia: A Shallow-Rooted Democracy
9. Brunei Darussalam: A Classic Rentier State
10. The Philippines: People Power Fatigue
11. Looking Ahead to a More Closely Integrated Region
Glossary
Abbreviations and Acronyms
Chapter Notes
Bibliography
Index
