Briefly Describe Crony Capitalism and Explain How It Contributed to the 1997

question 56

Essay

Briefly describe crony capitalism and explain how it contributed to the 1997 financial crisis in Southeast Asia.

---

Definitions:

Horney

A psychoanalyst known for her theories on neurosis, personality, and her critiques of Freud's views on women.

Neurotic Need

Refers to one of the ten specific psychosocial needs identified by psychoanalyst Karen Horney that individuals may develop in response to anxiety stemming from interpersonal relationships.

Collective Unconscious

A concept in analytical psychology proposed by Carl Jung, referring to the part of the unconscious mind containing memories and archetypes shared among people across cultures and generations.

Jung

Refers to Carl Gustav Jung, a Swiss psychiatrist and psychoanalyst who founded analytical psychology, emphasizing the importance of the individual psyche and the personal quest for wholeness.