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 41
... strategy now looms as a crucial task ; I return to this question in the conclusion . Thailand The initial financial sector strategy of the Chuan government was two- pronged . The Financial Restructuring Authority ( FRA ) would evaluate ...
... strategy , and in cases where firms are in fact insolvent it is wholly justified . However , it is not clear that such a strategy makes sense for firms that are viable and have demonstrated their competitive powers . Rather , the ...
... strategy would deflect attention from the fact that tight labor markets caused by economic booms often masked weaknesses in the quality of the workforce that need to be addressed through upgrad- ing ; this was particularly true in ...
เนื้อหา
BusinessGovernment Relations and Economic Vulnerability | 15 |
Incumbent Governments and the Politics of Crisis Management | 47 |
Crisis Political Change and Economic Reform | 87 |
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