Format:
Online-Ressource (XI, 294 p, online resource)
ISBN:
9780230518629
Series Statement:
SpringerLink
Content:
The financial crisis that hit a number of 'miracle' economies of Asia in 1997 shocked the world. Financial Liberalization and the Asian Crisis rejects conventional explanations of the crisis as the outcome primarily of inefficient and corrupt economics systems in the countries concerned. It argues that the crisis was the result of premature and overly rapid financial liberalization in a world of increasing financial liquidity and volatility, and calls for a more cautious approach to financial liberalization, and a reform of the international financial architecture
Note:
Includes bibliographical references and index
,
Cover; Contents; List of Figures and Tables; List of Contributors; 1 Introduction; 2 Economic Crisis in East Asia: The Clash of Capitalisms; 3 Capital Market Crises: Liberalization, Fixed Exchange Rates and Market-driven Destabilization; 4 Derivatives and Global Capital Flows: Applications to Asia; 5 From 'Miracle' to 'Cronyism': Explaining the Great Asian Slump; 6 Thailand's Crisis: Neo-Liberal Agenda and Local Reaction; 7 Malaysian Débâcle: Whose Fault?; 8 Indonesia: From Showcase to Basket Case
,
9 Interpreting the Korean Crisis: Financial Liberalization, Industrial Policy and Corporate Governance10 Fashioning a New Korean Model out of the Crisis: The Rebuilding of Institutional Capabilities; 11 Japan's Crisis: Evolution and Implications; 12 Responses to the Crisis: Constraints to Rapid Trade Adjustment in East Asia's Electronics Industry; 13 Asian Crisis and the Future of the Japanese Model; 14 The Economic Impact of the Asian Crisis on India and China; 15 Three-and-a-half Cycles of 'Mania, Panic, and [Asymmetric] Crash': East Asia and Latin America Compared; Index
Additional Edition:
ISBN 9781349424894
Additional Edition:
Erscheint auch als Druck-Ausgabe ISBN 978-1-349-42489-4
Additional Edition:
Printed edition ISBN 9781349424894
Language:
English
Keywords:
Asien
;
Wirtschaftskrise
;
Finanzwirtschaft
;
Liberalisierung
;
Geschichte 1997
;
Aufsatzsammlung
DOI:
10.1057/9780230518629
URL:
Volltext
(Deutschlandweit zugänglich)
Author information:
Chang, Ha-joon 1963-
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