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Crisis, reform and recovery
Shalendra D. Sharma

, both the existing government coalition and the opposition parties tried to form a new governing coalition. In fact, for several days it was not clear which group of parties would form the next government. Indeed, two competing coalitions even held separate news conferences within hours of each other suggesting that they would form the next government. Eventually, it was Chuan Leekpai’s Democrat Party that formed the government. However, Chuan required the support of five other political parties to form his coalition government – which took office on November 15 with a

in The Asian financial crisis