Abstract
This paper examines Taiwan's response to the Asian economic crisis, the social consequence of that response, and the urban movement that ensued. We seek to demonstrate that, although the particular character of the response is a result of historical relations between real estate speculation and financial institutions, it is the long-term weakening of state ability to mediate between civil society and the global informational capitalism and the dual character of the Taiwan state in the 1990s that underlay the policy response to the crisis. This new configuration of state, society, and economy has given rise to a dynamic civil society clamoring for autonomous participation in a new governance.
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