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 74
... important self - correcting mechanism that the authoritarian regimes lacked : The system of government enjoyed support even if incumbents did not , and elections could bring new reformist governments to office . In Indonesia , this ...
... important reform legislation ( see chapter 6 ) . In addition to his economic program , Kim Dae Jung also had an ambi- tious administrative reform agenda designed to create a " smaller but more efficient government . " The central thrust ...
... important to recall that not all Asian firms fell into the financial difficulties associated with the crisis . And even if they did , many had already adjusted to the changed policy environment of greater openness and competition , in ...
เนื้อหา
Acknowledgments | 1 |
BusinessGovernment Relations and Economic Vulnerability | 15 |
The Government | 24 |
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