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East Asia and the Trials of Neo-Liberalism

East Asia and the Trials of Neo-Liberalism

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This book examines the impact of neo-liberalism in East Asia in the years since the 1997-98 Asian Economic Crisis. It addresses the nature of neo-liberalism, and the forces and institutions driving this agenda. With case studies of Indonesia, Thailand, South Korea, Malaysia, China and Vietnam, the conclusion is that domestic elites are critical to the ways in which the neo-liberal agenda is manifested, modified and rejected. It is also clear that there has been a dramatic restructuring of state and economic power, with some elements of domestic elites having been decimated, others reinventing themselves, while important new elements have been constituted. This book was previously published as a special issue of the Journal of Development Studies.