The Political Economy of the Asian Financial [email protected] Rs [Mrp:-5867]

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    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.

    Product Details :

    Author Stephan Haggard
    Binding Paperback
    EAN 9780881322835
    Format Import
    ISBN 0881322830
    Label Columbia University Press
    Manufacturer Columbia University Press
    NumberOfItems 1
    NumberOfPages 304
    ProductGroup Book
    ProductTypeName ABIS_BOOK
    PublicationDate 2000-08-01
    Publisher Columbia University Press
    Studio Columbia University Press
    Title The Political Economy of the Asian Financial Crisis