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. |
¨Ò¡´éÒ¹ã¹Ë¹Ñ§Ê×Í
¼Å¡Òäé¹ËÒ 1 - 3 ¨Ò¡ 63
Stephan Haggard. Table 3.2 Party composition of Thai governments and oppositions , 1996-2000 ( continued ) Opposition Number Opposition Number Opposition Number Opposition parties of seats parties of seats parties of seats parties ...
... opposition GNP , by contrast , sought to discredit the govern- ment's efforts . The results of early by - elections ... opposition legislators . The presi- dent was not above using the powers of his office , including prosecutorial ...
... opposition in Malaysia , and the strengthening of existing opposition parties . The first organized response to Anwar's dismissal was the formation of the Social Justice Movement ( Pergerakan Keadilan Social , or ADIL ) by Anwar's wife ...
à¹×éÍËÒ
BusinessGovernment Relations and Economic Vulnerability | 15 |
Tables | 16 |
4 The concentration of private economic power | 22 |
ÅÔ¢ÊÔ·¸Ôì | |
19 à¹×éÍËÒÍ×è¹æ äÁèä´éáÊ´§äÇé