Financial Liberalization and the Asian Crisis

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. I...

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Bibliographic Details
Other Authors: Chang, Ha-Joon (Editor), Palma, Gabriel (Editor), Whittaker, D. Hugh (Editor)
Format: eBook
Language:English
Published: London Palgrave Macmillan UK 2001, 2001
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Description
Summary: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
Physical Description:XI, 294 p online resource
ISBN:9780230518629