The Political Economy of the Asian Financial Crisis

Political Economy of the Asian Financial Crisis -- Stephan Haggard, Institute for International Economics

<< Return to Bookstore $14.40/Qt

1

Authors: Stephan Haggard

The Political Economy of the Asian Financial Crisis

International Finance/ Macroeconomics: Global Financial Crises

by Stephan Haggard August 2000 • 304 pp. ISBN paper 0-88132-283-0 • $14.40

Country and Regional Studies: Asia and the Pacific

Buy This Book Online and Save 20% Off List Price Was $18.00, now $14.40 Discount applies to online purchases only.

E-Book Version "Haggard's depth and breadth of understanding of both the domestic politics and economic policies of all these countries is unrivalled, as also of the issues at stake on the businessgovernment side throughout the region ..."

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 Bulletin of corporate and financial restructuring and greater transparency in Indonesian Economic business-government relations. Professor Haggard provides a Studies Australia National counterpoint to the analysis by examining why Singapore, Taiwan, University and the Philippines escaped financial calamity.

"The volume ... provides an excellent overview of both the theories and facts of the crisis. Strongly recommended for academic collections, lower-division undergraduate through research."

Contents Preface Acknowledgments Introduction: The Political Economy of the Asian Financial Crisis 156.2KB

Choice

1. Business-Government Relations and Economic Vulnerability 253.8KB 2. Incumbent Governments and the Politics of Crisis Management 287.4KB 3. Crisis, Political Change, and Economic Reform 334.9KB http://bookstore.iie.com/merchant.mvc?Screen=PROD&Product_Code=107 (1 of 2)9/1/2006 4:03:42 PM

Asian Financial Crisis: Causes, Cures, and Systemic Implications Global Economic Effects of the Asian Currency Devaluations Private Capital Flows to Emerging Markets after the Mexican Crisis Japan's Financial Crisis and Its Parallels to US Experience

Political Economy of the Asian Financial Crisis -- Stephan Haggard, Institute for International Economics

4. The Politics of Financial and Corporate Restructuring 291.3KB

5. The Social Fallout: Safety Nets and Recrafting the Social Contract 261.7KB 6. Conclusion: A New Asian Miracle 185.7KB References Index

http://bookstore.iie.com/merchant.mvc?Screen=PROD&Product_Code=107 (2 of 2)9/1/2006 4:03:42 PM

http://www.iie.com/publications/chapters_preview/107/niie2830.pdf

Embedded Secure Document The file http://www.iie.com/publications/chapters_preview/107/niie2830.pdf is a secure document that has been embedded in this document. Double click the pushpin to view.

http://www.iie.com/publications/chapters_preview/107/niie2830.pdf9/2/2006 11:59:02 AM

http://www.iie.com/publications/chapters_preview/107/1iie2830.pdf

Embedded Secure Document The file http://www.iie.com/publications/chapters_preview/107/1iie2830.pdf is a secure document that has been embedded in this document. Double click the pushpin to view.

http://www.iie.com/publications/chapters_preview/107/1iie2830.pdf9/2/2006 11:59:23 AM

http://www.iie.com/publications/chapters_preview/107/2iie2830.pdf

Embedded Secure Document The file http://www.iie.com/publications/chapters_preview/107/2iie2830.pdf is a secure document that has been embedded in this document. Double click the pushpin to view.

http://www.iie.com/publications/chapters_preview/107/2iie2830.pdf9/2/2006 11:59:42 AM

http://www.iie.com/publications/chapters_preview/107/3iie2830.pdf

Embedded Secure Document The file http://www.iie.com/publications/chapters_preview/107/3iie2830.pdf is a secure document that has been embedded in this document. Double click the pushpin to view.

http://www.iie.com/publications/chapters_preview/107/3iie2830.pdf9/2/2006 11:59:58 AM

http://www.iie.com/publications/chapters_preview/107/4iie2830.pdf

Embedded Secure Document The file http://www.iie.com/publications/chapters_preview/107/4iie2830.pdf is a secure document that has been embedded in this document. Double click the pushpin to view.

http://www.iie.com/publications/chapters_preview/107/4iie2830.pdf9/2/2006 12:00:13 PM

http://www.iie.com/publications/chapters_preview/107/5iie2830.pdf

Embedded Secure Document The file http://www.iie.com/publications/chapters_preview/107/5iie2830.pdf is a secure document that has been embedded in this document. Double click the pushpin to view.

http://www.iie.com/publications/chapters_preview/107/5iie2830.pdf9/2/2006 12:00:31 PM

http://www.iie.com/publications/chapters_preview/107/6iie2830.pdf

Embedded Secure Document The file http://www.iie.com/publications/chapters_preview/107/6iie2830.pdf is a secure document that has been embedded in this document. Double click the pushpin to view.

http://www.iie.com/publications/chapters_preview/107/6iie2830.pdf9/2/2006 12:00:42 PM