The Political Economy of the Asian Financial CrisisInstitute for International Economics, 2000 - 272 หน้า 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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ผลการค้นหา 1 - 3 จาก 24
... associated with an open capital account . When governments recognized overheating and sought to slow economic activity , the use of monetary policy instruments only had the effect of inducing more capital inflows , thus further ...
... associated with a variety of other political changes : increases and decreases of politi- cal support for existing parties , the formation of new parties , demonstra- tions , protests , riots , and other forms of social violence . A ...
Stephan Haggard. and corruption . These particular actors were not necessarily associated with the right or conservative wing of the political spectrum ; indeed , such characterizations confuse the nature of political cleavages in the ...
เนื้อหา
Acknowledgments | 1 |
BusinessGovernment Relations and Economic Vulnerability | 15 |
The Government | 24 |
ลิขสิทธิ์ | |
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