ISBN:
9780230518629
Language:
English
Pages:
Online-Ressource (XI, 294 p, online resource)
Series Statement:
SpringerLink
Series Statement:
Bücher
Series Statement:
Springer eBook Collection
Series Statement:
Palgrave Economics & Finance Collection
Series Statement:
Springer ebook collection / Palgrave Economics and Finance Collection 2000 - 2013
Parallel Title:
Erscheint auch als
Parallel Title:
Printed edition
Keywords:
Finanzmarktregulierung
;
Wirtschaftslage
;
Asien
;
Finanzkrise
;
Economics
;
Financial crises Asia
;
International economics
;
Macroeconomics
;
Development economics
;
International economic relations.
;
Asia Economic conditions
;
1945-
;
Aufsatzsammlung
;
Asien
;
Wirtschaftskrise
;
Finanzwirtschaft
;
Liberalisierung
;
Geschichte 1997
Abstract:
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
Description / Table of Contents:
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
Description / Table of Contents:
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
Note:
Includes bibliographical references and index
DOI:
10.1057/9780230518629
URL:
Volltext
(Deutschlandweit zugänglich)
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