The Asian Financial Crisis and the Architecture of Global Finance
Book Details
Format
Paperback / Softback
Book Series
Cambridge Asia-Pacific Studies
ISBN-10
0521794226
ISBN-13
9780521794220
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Sep 11th, 2000
Print length
328 Pages
Weight
475 grams
Dimensions
22.90 x 15.40 x 2.10 cms
Ksh 5,500.00
Manufactured on Demand
0 in stock
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The financial crises across Asia in 1997–98 ignited fierce debate about domestic economic weaknesses and flaws in the international financial system. In this volume a distinguished group of political scientists, economists and practitioners examines the political and economic causes and consequences of the crisis.
The financial crises across Asia in 1997–98 ignited fierce debate about domestic economic weaknesses and flaws in the international financial system. Some analysts blamed Asian governments for inadequate prudential supervision, widespread failures of corporate governance and even 'crony capitalism'. Others assailed the inherent instability of global financial markets and what they considered to be hasty and ill-conceived liberalization taken at the behest of Western-dominated international financial institutions. In this volume a distinguished group of political scientists, economists and practitioners examines the political and economic causes and consequences of the crisis. They ask: To what extent were domestic economic factors to blame for the crises? Why were some economies more prone to crisis than others? What are the costs and benefits of international financial liberalization?
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