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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... November , the package of financial reform bills was headed for passage . However , one of the contentious and unresolved issues was whether the Financial Supervisory Board ( FSB ) , which would consolidate a number of existing ...
... November 7.93 8.97 9.18 3.378 637.99 December 10.89 8.98 9.15 3.783 577.66 1998 January 13.00 9.82 10.03 4.369 542.12 February 11.43 11.05 11.11 3.812 714.27 March 10.75 11.05 11.21 3.736 716.56 April 10.53 11.05 11.02 3.725 648.66 May ...
... November , 1998 5 to 50 > 1,200 15 Communal violence ( Ketapang ; Muslim - Christian ) , November 1998 14 Maluccas Communal violence in Ambon and other villages ( Christian - Muslim , indigenous peoples , > 1,500 antimigrant ) , January ...
Sommario
BusinessGovernment Relations and Economic Vulnerability | 15 |
Incumbent Governments and the Politics of Crisis Management | 47 |
Crisis Political Change and Economic Reform | 87 |
Copyright | |
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