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Khaki Capital: The Political Economy of the Military in Southeast Asia

Examines the political economy of “Khaki Capital” or military capital amid the civilian rule and democratization in Southeast Asia, in term of its political power, influence on national budget allocation, and economic activities. Includes 8 case studies, regarding arch-royalist rent of the military in Thailand, the NLD-Military coalition in Myanmar, military-run enterprises in Vietnam, political economy of military and security forces in Lao PRD and Cambodia, new frontier of military capital in the Philippines, and the conflict of interest between securitizing military capital and democratization in Indonesia. Gives a comparative landscape of military capital as well as civilian-military relations in those countries to see how and why military influence continues impeding civilian control and democratization.