The Political Economy of the Asian Financial CrisisPeterson Institute, 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 1-5 di 74
... Business - Government Relations and Economic Vulnerability The Microeconomics of the Crisis Business - Government Relations : The Benefits The Concentration of Private Economic Power xvii 1379 15 16 20 21 The Politics of Moral Hazard I ...
... Economy of Malaysia's Capital Controls 47 49 51 55 59 65 71 73 3 Crisis , Political Change , and Economic Reform 87 ... Business - Government Relations 224 Looking Forward II : Toward a New Social Contract 230 A New Asian Miracle 236 ...
Stephan Haggard. Tables Table 1.1 Risk in business - government relations Table 1.2 Growth of investment and bank credit Table 1.3 Table 1.4 Table 1.5 Table 1.6 Corporate leverage , short - term debt , and return on assets The ...
... business - government relations in East Asia had troubling as well as beneficial aspects . The problem was not so much industrial policy , as traditionally conceived in earlier literature on the region , but rather the role of the ...
... business - government relations in East Asia had troubling as well as beneficial aspects . The problem was not so much industrial policy , as traditionally conceived in earlier literature on the region , but rather the role of the ...
Sommario
BusinessGovernment Rel | 15 |
about the quality of information provided by banks on a | 20 |
ments ability to manage emerging problems in the banking and | 30 |
with ANDREW MACINTYRE | 47 |
Table A25 February 2000 solutions to t | 83 |
Crisis Political Change and | 87 |
Malaysia finally is the country where the crisis | 92 |
Number | 95 |
The Politics of Financial and | 139 |
11 percent + 48 percent | 145 |
Indonesia | 148 |
Status | 152 |
with NANCY BIRDSALL | 183 |
date rural interests as they did for example | 208 |
A New Asian Miracle | 217 |
References | 239 |