The Political Economy of the Asian Financial CrisisInstitute for International Economics, 2000 - 272 pagine The Asian crisis has sparked a thoroughgoing reappraisal of current international financial norms, the policy prescriptions of the International Monetary Fund, and the adequacy of the existing financial architecture. To draw proper policy conclusions from the crisis, it is necessary to understand exactly what happened and why from both a political and an economic perspective. In this study, renowned political scientist Stephan Haggard examines the political aspects of the crisis in the countries most affected--Korea, Thailand, Malaysia, and Indonesia. Haggard focuses on the political economy of the crisis, emphasizing the longer-run problems of moral hazard and corruption, as well as the politics of crisis management and the political fallout that ensued. He looks at the degree to which each government has rewoven the social safety net and discusses corporate and financial restructuring and greater transparency in business-government relations. Professor Haggard provides a counterpoint to the analysis by examining why Singapore, Taiwan, and the Philippines escaped financial calamity. |
Dall'interno del libro
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... South Korea , where bank profitability has historically been very low , the boom meant rising profits for banks . But accounting standards in the region do not differentiate between " income " derived from " ever- greening " -the ...
... South Korea , eds . Larry Diamond and Byung - Kook Kim . Boulder , CO : Lynne Rienner . Kim , Eunmee . 1997. Big Business , Strong State : Collusion and Conflict in South Korean Develop- ment , 1960-1990 . Albany : State University of ...
... South Korea , 87 , 90 , 100 , 104-107 Taiwan , 126 , 127t , 134 , 136 , 136n Thailand , 87 , 90 , 93-94 , 99n electoral systems , proportionality in , 110 , 110n Emergency Economic Committee ( ECC ) , 101 Employees ' Provident Fund ...
Sommario
Acknowledgments | 1 |
BusinessGovernment Relations and Economic Vulnerability | 15 |
The Government | 24 |
Copyright | |
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