The political dimensions of the 1997-99 Asian financial crisis have been largely ignored. Yet political factors are crucial to understanding the crisis and the differing ways in which the democracies and authoritarian regimes in the region responded to it.
About the Author
Stephan Haggard is the Lawrence and Sallye Krause Professor of Korea-Pacific Studies and director of the Korea-Pacific Program in the School of Global Policy and Strategy at the University of California, San Diego.
India has long baffled theorists of democracy. Democratic theory holds that poverty, widespread illiteracy, and a deeply hierarchical social structure are inhospitable conditions for the functioning of democracy. Yet except…
During the early years of south korea's transition to democracy, expanding popular rule and deepening individual rights went hand-in-hand. But Roh Moo Hyun's presiency has exposed rifts between majority rule…