Weathering the Storm The Economics of Southeast Asia in the 1930s Depression |
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Editor:
| Boomgaard, P. |
ISBN: | 978-90-6718-163-1 |
Publication Date: | Jan 2000 |
Publisher: | BRILL
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Book Format: | Paperback |
List Price: | USD $43.00 |
Book Description:
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The principal cause of the 1930s depression in Southeast Asia lay outside the region--through a sharp contraction in demand for the region's major commodity exports. But it had important internal causes, too: an oversupply of primary commodities and an increasing scarcity of new agricultural land leading to higher rents and lower wages, rising indebtedness and increasing landlessness. This work thoroughly analyses the pre-war depression. It also looks at the changes in the basic...
More DescriptionThe principal cause of the 1930s depression in Southeast Asia lay outside the region--through a sharp contraction in demand for the region's major commodity exports. But it had important internal causes, too: an oversupply of primary commodities and an increasing scarcity of new agricultural land leading to higher rents and lower wages, rising indebtedness and increasing landlessness. This work thoroughly analyses the pre-war depression. It also looks at the changes in the basic structures of the economies of Southeast Asia that were of long-term importance, such as the role of the state in the economy. The authors also draw similarities and contrasts between the 1930s depression and the 1990s Asian crisis.