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
Risultati 1-3 di 45
... labor and the promise of political as well as economic compensation allowed the government to bring representatives from both labor federations ( FKTU and KCTU ) to the table.12 Government - labor relations on social issues turned more ...
... labor - intensive manufacturing activities are coming under pressure at home , or are shifting offshore , creating new adjustment problems . In Thailand , for example ( where export growth collapsed completely in 1995-96 ) , the demand ...
... labor dispute was widely regarded at the time as a critical test of the tripartite agreement , and one that the government had failed . Not only had the government become involved in the dispute , but it appeared to broker a deal that ...
Sommario
Acknowledgments | 1 |
BusinessGovernment Relations and Economic Vulnerability | 15 |
The Government | 24 |
Copyright | |
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