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Introduction: Globalization, Democracy and Civil Society after the Financial Crisis of the 1990s

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Democracy and Civil Society in Asia: Volume 1

Part of the book series: International Political Economy Series ((IPES))

Abstract

This volume brings together a group of scholars from various parts of the world to explore the future of democracy and sustainable human development in Asia. Its immediate focus is on the current process of globalization, mainly economic and financial globalizations, and its effects on the changing socio-economic landscape of the region. The purpose is to see whether or not the decision of opening up the economies in much of the region has created an opportunity for Asian countries and communities to achieve the goals of democratic development in the new millennium. This volume also takes a closer, critical look at the Asian financial crisis of the late 1990s not only to offer an analysis of why and how it happened, but also to assess the impact of such an unanticipated crisis on both financial and political governance of Asia. When the financial crisis hit the region, which exposed Asia’s economic vulnerabilities to external shocks and pressures, there were expectations among mainstream organizations and authors that the crisis would lead to the creation of a much-desired political environment in which both democracy and human development would find a rational, institutional expression.

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© 2004 Fahimul Quadir and Jayant Lele

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Quadir, F., Lele, J. (2004). Introduction: Globalization, Democracy and Civil Society after the Financial Crisis of the 1990s. In: Quadir, F., Lele, J. (eds) Democracy and Civil Society in Asia: Volume 1. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230523753_1

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