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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... February 7.33 7.27 7.32 2.486 1,254.90 March 6.96 7.32 7.35 2.477 1,234.61 April 7.03 7.34 7.36 2.502 1,121.10 May 8.45 7.79 7.77 2.506 1,083.16 June 7.71 7.93 7.92 2.516 1,094.91 July 9.43 9.07 8.31 2.575 1,035.88 August 6.85 7.64 7.73 ...
... February 1999 Tax ( percent ) 30 20 10 0 0 10 Principal Profits Withdrawn within 12 months After 12 months Source : Asian Wall Street Journal , 5-6 February 1999 . No tax 30 10 half of 2000 , portfolio flows resumed in anticipation of ...
... February 2000 closing price of repatriated shares Scheme B ( agreement between central depositories of KLSE and Singapore Exchange ) Within 32 months of 31 March 2000 CLOB shares released to owners for trading on KLSE over 9 months from ...
Sommario
BusinessGovernment Relations and Economic Vulnerability | 15 |
Tables | 16 |
4 The concentration of private economic power | 22 |
Copyright | |
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