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 51
หน้า xii
... role of the government in the financial system. Direct state intervention in the allocation of financial resources generated various well-known risks, including that of moral hazard. But efforts to liberalize the financial system also ...
... role of the government in the financial system. Direct state intervention in the allocation of financial resources generated various well-known risks, including that of moral hazard. But efforts to liberalize the financial system also ...
หน้า 2
... role in both the onset and depth of financial crises. Early economic warning indicators need to be supplemented with a greater understanding and appreciation of the political sources of market uncertainty (chapter 2). Contrary to ...
... role in both the onset and depth of financial crises. Early economic warning indicators need to be supplemented with a greater understanding and appreciation of the political sources of market uncertainty (chapter 2). Contrary to ...
หน้า 4
... role in the crisis or constituted permissive conditions. The Chinese devaluation of 1994, that country's increasing entry into export markets, and the continued sluggishness in the Japanese economy all had implications for the middle ...
... role in the crisis or constituted permissive conditions. The Chinese devaluation of 1994, that country's increasing entry into export markets, and the continued sluggishness in the Japanese economy all had implications for the middle ...
หน้า 7
... role of politics. Bringing. Politics. Back. In. With the exception of the implicit political economy of those emphasizing moral hazard, the striking feature of the debates among economists just outlined is the absence of systematic ...
... role of politics. Bringing. Politics. Back. In. With the exception of the implicit political economy of those emphasizing moral hazard, the striking feature of the debates among economists just outlined is the absence of systematic ...
หน้า 9
... role in the transition to democratic rule as well (Haggard and Kaufman 1995). And whereas the transition from socialism ultimately had international political roots in the transformation of the Soviet Union, the economic crisis of the ...
... role in the transition to democratic rule as well (Haggard and Kaufman 1995). And whereas the transition from socialism ultimately had international political roots in the transformation of the Soviet Union, the economic crisis of the ...
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