
Contents
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Democracy and the crisis Democracy and the crisis
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Democracy and the economy Democracy and the economy
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Taiwan Taiwan
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Korea Korea
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Malaysia Malaysia
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Indonesia Indonesia
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Philippines Philippines
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Asian democracy? Asian democracy?
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Patronage and clientilism Patronage and clientilism
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Parties and representation Parties and representation
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The party-state The party-state
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Notes Notes
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5 Democracy, the Economy, and the Crisis
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Published:October 1999
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Abstract
This chapter asks what light the economic crisis throws on the state of democracy in the region. It is concerned with the impact of the political regime on the crisis and of the crisis on the democratic process. In the longer term, democracy may be associated with economic growth. If it is the case that networks allocate resources less efficiently than markets, then a society based on expressive network ties will be less rich than one based on dispassionate economic calculation. This chapter asks whether the development of democracy has reduced the power of the patronage networks. It then gives examples to provide some answers to this question. First, it looks at Taiwan which provides a paradigm case of transition from authoritarianism to democracy. Second, it turns to Korea, an example of a military regime turned democratic, then Malaysia, which has been called ‘semi-authoritarian’ or ‘authoritarian populist.’ The crisis showed Indonesia as the paradigm case of ‘crony capitalism’ as the Suharto regime's business interests became clear. The Philippines has a history of democratic elections since the end of martial law in 1986.
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