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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... Taiwan and the Philippines . Neither country completely escaped regional contagion ; Taiwan's growth slowed from 6.8 percent in 1997 to 4.8 percent in 1998 , whereas in the Philippines growth ground to a halt in 1998 , falling from 5.2 ...
... Taiwan's international position has become more rather than less exposed over time as a result of Beijing's efforts to isolate it and advance the cause of reunification . Taiwan is not a member of the IMF , and thus cannot count on its ...
... Taiwan . In Business and Government in Industrializing Asia , ed . Andrew MacIntyre . Ithaca , NY : Cornell University Press . Chu , Yun - han . 1999a . Surviving the East Asian Financial Crisis : The Political Foundations of Taiwan's ...
Sommario
Acknowledgments | 1 |
BusinessGovernment Relations and Economic Vulnerability | 15 |
The Government | 24 |
Copyright | |
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