Nevertheless, a new global order superseding states has been elusive.
Numerous studies in the past decade have found that global forces,
rather than dismantling states, may have strengthened them (Weiss 1998;
Migdal 2001, 137–42). In the industrialized world, states continue to
regulate markets in ever more sophisticated ways (S. Vogel 1996). Far
from being pushed aside, state bureaucrats in many newly industrialized
nations are leading the information technology revolution in their countries
(Evans 1995). Whereas some states have responded to the global
challenge through adaptation, others have launched dramatic counterattacks.
After the initial shock following the 1997 financial crisis, the
Malaysian government reimposed capital controls, while a new prime
minister in Thailand kicked out the IMF. These telling examples suggest