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 85
... Politics of Moral Hazard II : Industrial Policy 30 The " Capture " of Liberalization 32 The Politics of Business - Government Relations 38 Conclusion 45 2 Incumbent Governments and the Politics of Crisis Management Political vii.
Stephan Haggard. 2 Incumbent Governments and the Politics of Crisis Management Political Sources of Uncertainty Thailand South Korea Malaysia Indonesia Conclusion Appendix 2.1 : The Political Economy of Malaysia's Capital Controls 47 49 ...
... Political constraints on crisis management : The incumbents Table A2.1 Interest rates , exchange rates , and stock market index Table A2.2 Foreign investment in Malaysia : MIDA approvals , foreign direct investment , and net portfolio ...
... economic but rested ultimately on politics . Had the crisis generated reforms that were politically sustainable over the long run ? To address these questions , the Institute turned to political scientist Stephan Haggard to write xi.
Stephan Haggard. the Institute turned to political scientist Stephan Haggard to write The Political Economy of the Asian Financial Crisis . Haggard's first objective was to consider how politics might have affected the onset of crises in ...
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 |