The economic, social and political impact of the Great Depression on Southeast Asia
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document in English
history 1789 to present
presentation
published 28/08/2008
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Summary
Southeast Asia did not escape the effects of the Great Depression that burst upon the Western industrialised world at the beginning of the 1930s. The 1929 crisis formed a watershed in the history of Southeast Asia, leaving neither the economic, social nor political sphere untouched. Apart from destroying markets and stimulating greater collusion between international capital, the Depression also notably brought an era of uninhibited immigration to an end- a policy change that had far reaching political and social consequences. Yet there were two sides of the coin to the crisis- while the Great Depression devastated, in its trail of destruction, it also encouraged positive reforms by revealing insidious structural flaws hitherto unaddressed.
Table of Contents
- The Depression's most direct impact.
- The value of exports.
- The Depression's effect on Southeast Asia in the monetary sphere.
- Positive effect of the depression on Japan.
- This emergence of Japan as a serious contender.
- The economic impact and the social sphere.
- Social impact on Burma.
- Political change brought about by the Depression in Malaya.
- Effect on the Chinese and Indians.
- Conclusion.
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