The Political Economy of the Asian Financial CrisisColumbia University Press, 1 ต.ค. 2010 - 304 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. |
จากด้านในหนังสือ
ผลการค้นหา 1 - 5 จาก 83
หน้า 1
... increases of the 1970s and early 1980s. Individual countries had also experienced episodic difficulties. South Korea had a sharp, short recession in 1980, and the Philippines experienced a debt crisis in the early 1980s. Falling oil ...
... increases of the 1970s and early 1980s. Individual countries had also experienced episodic difficulties. South Korea had a sharp, short recession in 1980, and the Philippines experienced a debt crisis in the early 1980s. Falling oil ...
หน้า 2
... increased vulnerability to shocks, and complicated the adjustment process once the crisis hit. Reducing the risks of crisis ... increase transparency in business-government relations (chapters 1 and 6). Once countries enter a ''zone of ...
... increased vulnerability to shocks, and complicated the adjustment process once the crisis hit. Reducing the risks of crisis ... increase transparency in business-government relations (chapters 1 and 6). Once countries enter a ''zone of ...
หน้า 3
... increase in interest rates required to do the job produced a dramatic sell-off in the Hong Kong stock market, which has a heavy weighting of interest-rate-sensitive property development firms. For the first time, markets in the United ...
... increase in interest rates required to do the job produced a dramatic sell-off in the Hong Kong stock market, which has a heavy weighting of interest-rate-sensitive property development firms. For the first time, markets in the United ...
หน้า 4
... increasing entry into export markets, and the continued sluggishness in the Japanese economy all had implications ... increase in international capital flows in the early 1990s, including not only the mobile portfolio capital of hedge ...
... increasing entry into export markets, and the continued sluggishness in the Japanese economy all had implications ... increase in international capital flows in the early 1990s, including not only the mobile portfolio capital of hedge ...
หน้า 5
... increase in capital flows was partly the result of an important policy development. All the high-growth countries in the region (with the notable exception of China and arguably Taiwan) had either opened their capital accounts some time ...
... increase in capital flows was partly the result of an important policy development. All the high-growth countries in the region (with the notable exception of China and arguably Taiwan) had either opened their capital accounts some time ...
เนื้อหา
1 | |
15 | |
Ch
2 Incumbent Governments and the Politics of Crisis Management | 47 |
Ch 3 Crisis Political Change and Economic Reform | 86 |
Ch 4 The Politics of Financial and Corporate Restructuring | 139 |
Safety Nets and Recrafting the Social Contract | 183 |
A New Asian Miracle | 217 |
References | 239 |
Index | 255 |
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คำและวลีที่พบบ่อย
administrative Anwar Asia ASIAN FINANCIAL CRISIS assets authoritarian banking sector bankruptcy billion bumiputra business-government relations capital central bank chaebol chapter Chinese Chuan CLOB coalition controls corporate governance corporate restructuring corruption countries country’s crises CRISIS MANAGEMENT Danaharta debt democracies democratic Development Eastern Economic Review ECONOMIC REFORM effects efforts elections electoral finance companies financial and corporate financial institutions financial sector firms fiscal foreign funds Golkar government’s groups growth Habibie Hanbo IBRA important incentives increase INCUMBENT GOVERNMENTS Indonesia industrial initial interest investment investors issues Jomo Kim Dae Jung Kim Young Kim Young Sam labor legislative liberalization Mahathir Malaysia ment moral hazard National opposition particularly party percent Philippines POLITICAL CHANGE POLITICAL ECONOMY president private sector problems recapitalization region regulatory Renong ringgit risk role rule share social contract South Korea state-owned strategy substantial Suharto Table Thai Thailand tion transparency UMNO urban vulnerable World Bank