The political dimensions of the 1997-99 Asian financial crisis have been largely ignored. Yet political factors are crucial to understanding the crisis and the differing ways in which the democracies and authoritarian regimes in the region responded to it.
About the Author
Stephan Haggard is the Lawrence and Sallye Krause Professor of Korea-Pacific Studies and director of the Korea-Pacific Program in the School of Global Policy and Strategy at the University of California, San Diego.
The first two months of the war alone turned the Russian clock back decades, undoing thirty years of post-Soviet economic gains and reducing the country to an international pariah state.
Modest progress in the muslim-majority countries is complemented by mass mobilization for democracy and freedom in Ukraine. Meanwhile, Russia ranks as Not Free for the first time since the fall…
