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. |
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... political influence . To limit the public costs of such crises , governments require the political as well as administrative capability to distinguish among competing claims and to impose regula- tory conditions on banks and firms that ...
... Political Economy : Politics , Patronage and Profits . Cambridge : Cambridge University Press . Goodman , Roger , Gordon White , and Huck - ju Kwon . 1998. The East Asian Welfare Model : Welfare Orientalism and the State . New York ...
... political and economic perspective . In this study , renowned political scientist Stephan Haggard examines the political aspects of the crisis in the countries most affected- South Korea , Thailand , Malaysia , and Indonesia . Haggard ...
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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