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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... East and Southeast Asia did have a strategy of social protection , but it was highly implicit.2 Its central component was healthy rates of per capita GDP growth that were broadly shared through rapid expansion of employment , increasing ...
... East Asian Economic Policies . In East Asian Development : New Perspectives , ed . Yilmaz Akyuz . London : Frank Cass Publishers . Feldstein , Martin . 1998. Refocusing the IMF . Foreign Affairs 77 ( March - April ) : 20-33 . Felker ...
... East Asia . Unpublished manuscript . Washington : Carne- gie Endowment for International Peace . Pomerleano , Michael . 1998. The East Asia Crisis and Corporate Finance : the Untold Micro Story . Washington : World Bank . Poppele ...
Sommario
BusinessGovernment Relations and Economic Vulnerability | 15 |
Tables | 16 |
4 The concentration of private economic power | 22 |
Copyright | |
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