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The Yellow Brick road to people politics: how the 1997-1998 East Asian financial crisis justified a role for civil society in global finance

Zhang, Shuxiu (2010) The Yellow Brick road to people politics: how the 1997-1998 East Asian financial crisis justified a role for civil society in global finance. Journal of Human Security, 6 (2). pp. 28-46. ISSN 1835-3800

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Identification Number: 10.3316/JHS0602028

Abstract

In 1997-1998, the East Asian financial crisis profoundly exposed the flaws embedded in the governance of global finance, and attracted much attention from civil society, which presented numerous proposals to either overhaul or amend the existing financial architecture. But what are we to make of people politics? The purpose of this article is to investigate whether the crisis spawned a role for civil society in global financial governance. This issue is important because by realising the role civil society plays, we grasp how they help to improve the highly flawed financial architecture. Ultimately, I argue the crisis justified civil society as a source of information that empowers public awareness, stems alternative perspectives, and increases the legitimacy of global financial governance.

Item Type: Article
Official URL: http://www.librelloph.com/ojs/index.php/journalofh...
Additional Information: © 2010 RMIT Publishing
Divisions: International Relations
Subjects: H Social Sciences > HC Economic History and Conditions
J Political Science > JA Political science (General)
Sets: Departments > International Relations
Date Deposited: 26 Oct 2016 14:02
Last Modified: 20 Jan 2020 04:16
URI: http://eprints.lse.ac.uk/id/eprint/68141

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