After the Crisis

Hegemony, Technocracy and Governance in Southeast Asia
The crisis addressed in this study of Thailand, Indonesia, Malaysia and the Philippines is the 1997 Asian financial crisis that led to currency depreciation, increased bankruptcies, financial system failures and political upheaval throughout the area.
After the Crisis looks at Southeast Asia - especially Thailand, Indonesia, Malaysia and the Philippines - after the Asian financial crisis. This eleventh volume of the Kyoto Area Studies on Asia takes up the complex interactions and tensions among Southeast Asian states, markets and societies within the context of a regional order under American hegemony, with emphasis on individuals and collectives whose thoughts and actions actively intervene in the shaping of relations between, and among, the three realms.

The book discusses the formation of the regional order, the shift in US policy from condoning to dismantling authoritarian developmentalist regimes in light of challenges posed by Asian global competitiveness, and US deployment of a multilateral, neoliberal economism mediated by the IMF as a way of imposing ""structural reforms"" on now ""democratizing"" states. The book also examines social responses which took the form of elite and popular nationalist ""backlash"" against globalization and Americanization.

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