Coalitions and crises: Authoritarianism, adjustment, and transitions in emerging markets

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منو

" Coalitions and crises: Authoritarianism, adjustment, and transitions in emerging markets "
Thomas Blake Pepinsky F. M. Rosenbluth

Document Type	:	Latin Dissertation
Language of Document	:	English
Record Number	:	53762
Doc. No	:	TL23716
Call number	:	‭3267341‬
Main Entry	:	Thomas Blake Pepinsky
Title & Author	:	Coalitions and crises: Authoritarianism, adjustment, and transitions in emerging markets\ Thomas Blake Pepinsky
College	:	Yale University
Date	:	2007
Degree	:	Ph.D.
student score	:	2007
Page No	:	492
Abstract	:	Economic crises place great pressures on authoritarian regimes. Why do some authoritarian regimes survive economic crises by adopting adjustment policies that their supporters demand, while other authoritarian regimes offer inconsistent adjustment policies and subsequently collapse? This dissertation answers these questions by studying the distributional consequences of adjustment policies to financial crises. Holders of mobile capital advocate capital account openness, while holders of fixed capital and labor advocate capital account closure to facilitate macroeconomic expansion. When support coalitions contain both mobile and fixed capital, contradictory demands over adjustment policy lead regime collapse, but when coalitions including fixed capital or fixed capital in alliance with labor, regimes adopt expansionary policies and survive. Evidence from in-depth field research in Southeast Asia shows how the theory explains enduring puzzles about adjustment and regime transitions in Indonesia and Malaysia during the Asian Financial Crisis. Cross-national statistical research and additional case studies from Latin America demonstrate that the approach explains how coalitional politics affects adjustment policy and regime survival around the world.
Subject	:	Social sciences; Adjustment; Authoritarianism; Coalitions; Emerging markets; Financial crises; Indonesia; Malaysia; Political science; International law; International relations; 0615:Political science; 0616:International relations; 0616:International law
Added Entry	:	F. M. Rosenbluth
Added Entry	:	Yale University