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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... issue quickly became politicized when Mahathir said Singaporeans should accept Akhbar Khan's offer ( Straits Times ... issues as well ( Ganesan 1998 ; Lee Kuan 1998 ) . The most intractable remains 28. E.g. , another Malaysian company ...
... issues of creeping authoritarianism and corruption.25 But at the same time , they had also long opposed ethnic favoritism ; this was the key issue that differentiated them from the Malaysian Chinese Association ( MCA ) , which was a ...
... issues of political and economic reform . Amien Rais ' National Mandate Party ( PAN ) was the party that emphasized most strongly issues of social justice and had close ties to the modernist Islamic Muhammidayah organization ; he also ...
Sommario
Acknowledgments | 1 |
BusinessGovernment Relations and Economic Vulnerability | 15 |
The Government | 24 |
Copyright | |
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