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The Asian Financial Crisis: Lessons for a Resilient Asia

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“Paperback book in near new condition. Name on title page.”
ISBN
9780262692458
EAN
9780262692458
Publication Year
2000
Type
Textbook
Format
Paperback
Language
English
Publication Name
The Asian Financial Crisis: Lessons for a Resilient Asia
Item Height
224mm
Author
Klaus Schwab, Wing Thye Woo, Jeffrey Sachs
Publisher
MIT Press Ltd
Item Width
150mm
Subject
Economics, Finance
Item Weight
476g
Number of Pages
294 Pages

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Product Information

This book analyzes the Asian financial crisis of 1997-1999. In addition to the issues of financial system restructuring, export-led recovery, crony capitalism and competitiveness in Asian manufacturing, it examines six key Asian economies - China, Indonesia, Japan, Korea, Malaysia and Thailand. The book makes clear that there is little particularly Asian about the Asian financial crisis. The generic character of the crisis became clear during 1998, when it reached Russia, South Africa and Brazil. The spread of the crisis reflects the rapid arrival of global capitalism in a world economy not used to the integration of the advanced and developing countries. The book makes recommendations for reform, including the formation of regional monetary bodies, the establishment of an international bankruptcy system, the democratization of international organizations, the infusion of public money to revive the financial and corporate sectors in Pacific Asia, and stronger supervision over financial institutions. The book emphasizes a mismatch in Pacific Asia between investment in physical hardware (eg. factories and machinery) and in social software (eg. scientific research centres and adminstrative and judiciary systems). In a world of growing international competitiveness, concerns over governance will weigh increasingly heavily on unreformed Asian countries. The long-term competitiveness of Asia rests on its getting its institutions right.

Product Identifiers

Publisher
MIT Press Ltd
ISBN-13
9780262692458
eBay Product ID (ePID)
88334830

Product Key Features

Author
Klaus Schwab, Wing Thye Woo, Jeffrey Sachs
Publication Name
The Asian Financial Crisis: Lessons for a Resilient Asia
Format
Paperback
Language
English
Subject
Economics, Finance
Publication Year
2000
Type
Textbook
Number of Pages
294 Pages

Dimensions

Item Height
224mm
Item Width
150mm
Item Weight
476g

Additional Product Features

Series Title
The MIT Press
Country/Region of Manufacture
United States
Editor
Wing Thye Woo, Klaus Schwab, Jeffrey Sachs

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