The Political Economy of the Asian Financial CrisisInstitute for International Economics, 2000 - 272 ˹éÒ 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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... Chuan government , which came to office following the return to civilian rule and the general elections of 13 September 1992. Neither the Chuan nor the Banharn gov- ernment was able to complete the process . As a result , the task of ...
... Chuan government ( 11 / 1997-11 / 1998 ) Chuan government ( 7 / 1999-1 / 2000 ) Government Number Government Number Government Number parties parties of seats parties NAP 125 Democrats 123 Democrats 123 Chart Pattana 52 Chart Thai 39 ...
... Chuan government ( 11 / 1997-11 / 1998 ) Chuan government ( 11 / 1998-7 / 1999 ) Chuan government ( 7 / 1999-1 / 2000 ) government ( 11 / 1996-11 / 1997 ) Number Number of seats Number Opposition Number Opposition of seats parties of ...
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Acknowledgments | 1 |
BusinessGovernment Relations and Economic Vulnerability | 15 |
The Government | 24 |
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