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Books > Reference & Interdisciplinary > Interdisciplinary studies > Area / regional studies
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The Political Economy of the East Asian Crisis and its Aftermath - Tigers in Distress (Hardcover)
Loot Price: R3,401
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The Political Economy of the East Asian Crisis and its Aftermath - Tigers in Distress (Hardcover)
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The East Asian crisis has sparked debate regarding the future of
emerging markets and the globalization of world capital markets.
This book, with contributions by leading economists and political
scientists, provides an up-to-date assessment of the causes and
consequences of the crisis and the policy lessons drawn from it. In
contrast to much of the existing literature, the volume presents
the view that the crisis and its aftermath were not simply the
result of purely economic and financial phenomena but also the
reflection of some fundamental institutional, historical and
political forces. The collection begins with a comparative and
historical analysis of the crisis, placing it in the context of
other financial and debt crises. This is followed by a discussion
of the domestic, political and economic factors behind the events,
delineating the differences and similarities among affected
countries. The contributors also examine how global political
forces influenced the unfolding crisis in various countries. Using
the latest data, top experts present the current economic situation
in East Asia, the contagion effects in the rest of the world, and
the role played by international institutions such as the IMF.
Finally, the volume provides a roundtable debate on the policy
alternatives confronting emerging markets and the world monetary
system in the aftermath of the crisis. Students, professional
economists in academia and the private sector, scholars and
students in finance, Asian studies specialists, and political
scientists will all find this collection insightful and
informative.
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