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|a The financial crisis of 1997-98 and the end of the Asian developmental state
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|c 2000
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|e 4 Tab., Lit.Hinw. S. 590-593
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|a Text
|b txt
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|a ohne Hilfsmittel zu benutzen
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|a Financial globalization in the 1990s effectively dismantled the Asian developmental state and forced East Asia to search for a new political economy model. The paradigm shift in world economic development from state-driven planning to market-driven management has taken place since the late 1980s in Northeast Asia, spreading to Southeast Asia in the 1990s. The access to global capital markets by Asian corporations, both parastatal and private, has effectively reduced their dependency on the state for financial resources. In fact, the Asian developmental state and financial globalization are incompatible and often in conflict. By externalizing financial forbearance, Asian corporations and the global market have forced the state to change. Thus, important political changes have taken place in Northeast Asia and are now also occurring in Southeast Asia. (ISEAS/DÜI)
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|i In
|t Contemporary Southeast Asia
|d Singapore : ISEAS Publishing, 1979
|g 22(2000), 3, Seite 570-593
|w (DE-627)168466619
|w (DE-600)756244-5
|w (DE-576)016075315
|x 0129-797X
|7 nnns
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|g volume:22
|g year:2000
|g number:3
|g pages:570-593
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