ABSTRACT
On the face of it, the case for ‘Asian Values’ is in tatters. From the outset, advocates met powerful intellectual and ideological opposition, particularly from Western commentators. By the end of 1998, faced by the humiliation of a farreaching Asian financial crisis, these values were presented as discredited, and we increasingly read of the triumph of ‘Anglo-Saxon market values’, and even of a new, expanded American ‘hegemony’ (Coyle 26 November 1997; Mallaby 1998:21).
