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 27
... Anwar , this new direction amounted to " an IMF package without the IMF . " The government cut spending dramati- cally , delayed " non - strategic " construction projects , deferred capital imports of several major state - owned ...
... Anwar supporters and even his father.19 The outcome of these political battles had immediate policy conse- quences . Anwar's authority on economic policy was formally undercut by the elevation of Daim Zainuddin to the cabinet ...
... Anwar's dismissal from the government . Anwar did not go quietly ; rather , he took his case to the public through a series of rallies in various parts of the country in the first three weeks of September 1998. Anwar's speeches during ...
Sommario
BusinessGovernment Relations and Economic Vulnerability | 15 |
Tables | 16 |
4 The concentration of private economic power | 22 |
Copyright | |
19 sezioni non visualizzate