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 35
... forces , key bureaucratic agencies , and the ruling party . The proximate cause for the fall of authoritarian ... force . At what point does repression breed more protest rather than quell it ? Can officers be counted on to fire on their ...
... forces ; this was true not only for Malays but for important segments of the Chinese business class as well . The private sector's loss of confidence in the Suharto regime , by contrast , was more profound . This loss of confidence did ...
... forces as a means for achieving that objective.2 This brand of progressive , market - oriented policy is extraordinarily important in understanding not only the politics of the crisis , but the politics that has surrounded its ...
Sommario
BusinessGovernment Relations and Economic Vulnerability | 15 |
Tables | 16 |
4 The concentration of private economic power | 22 |
Copyright | |
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