1.

Record Nr.

UNINA9910777910803321

Autore

Pepinsky Thomas B. <1979->

Titolo

Economic crises and the breakdown of authoritarian regimes : Indonesia and Malaysia in comparative perspective / / Thomas B. Pepinsky [[electronic resource]]

Pubbl/distr/stampa

Cambridge : , : Cambridge University Press, , 2009

ISBN

1-107-19454-7

0-511-69919-0

0-521-74438-5

0-511-65161-9

0-511-59378-3

0-511-59285-X

0-511-59571-9

Descrizione fisica

1 online resource (xviii, 326 pages) : digital, PDF file(s)

Disciplina

959.505/4

Soggetti

Authoritarianism - Indonesia

Authoritarianism - Malaysia

Indonesia Politics and government 20th century

Indonesia Economic policy

Indonesia Economic conditions 20th century

Malaysia Politics and government 20th century

Malaysia Economic policy

Malaysia Economic conditions 20th century

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

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.



Sommario/riassunto

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.