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 6 - 10 จาก 67
หน้า 5
... growth countries in the region (with the notable exception of China and arguably Taiwan) had either opened their capital accounts some time earlier or made moves to do so in recent years. A major source of vulnerability in South Korea ...
... growth countries in the region (with the notable exception of China and arguably Taiwan) had either opened their capital accounts some time earlier or made moves to do so in recent years. A major source of vulnerability in South Korea ...
หน้า 6
... growth, high corporate leveraging, and excessive risk-taking (Krugman 1998d; Caprio 1998; Pomerleano 1998; Harwood, Litan, and Pomerleano 1999; Goldstein, Kaminsky, and Reinhart 2000).5 Malaysia, South Korea, and Thailand all underwent ...
... growth, high corporate leveraging, and excessive risk-taking (Krugman 1998d; Caprio 1998; Pomerleano 1998; Harwood, Litan, and Pomerleano 1999; Goldstein, Kaminsky, and Reinhart 2000).5 Malaysia, South Korea, and Thailand all underwent ...
หน้า 9
... growth in the past. But such relationships and the interventions they spawned are not without risks, particularly in an era of greater capital mobility. In all four countries, government intervention in and through the financial sector ...
... growth in the past. But such relationships and the interventions they spawned are not without risks, particularly in an era of greater capital mobility. In all four countries, government intervention in and through the financial sector ...
หน้า 12
... growth model: demanding more accountable and transparent government; greater attention to social welfare; and a revision of the explicit and implicit rules governing business-government relations. Reforming business-government relations ...
... growth model: demanding more accountable and transparent government; greater attention to social welfare; and a revision of the explicit and implicit rules governing business-government relations. Reforming business-government relations ...
หน้า 13
... growth to resolve social welfare questions. They invested in human capital (with Thailand a partial exception), but limited formal social insurance. This approach had already come under pressure from a combination of political as well ...
... growth to resolve social welfare questions. They invested in human capital (with Thailand a partial exception), but limited formal social insurance. This approach had already come under pressure from a combination of political as well ...
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