The Political Economy of the Asian Financial Crisis

The Political Economy of the Asian Financial Crisis
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The Political Economy of the Asian Financial Crisis Description

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The Asian crisis caused a fundamental reassessment of international standards for monetary crisis, the policy prescriptions of the IMF, and the adequacy of the present financial architecture. To draw appropriate policy conclusions from the crisis, it is required to recognize its internal policy. This study focuses political scientist Stephan Haggard on the most affected countries, Indonesia, Korea, Malaysia and Thailand, although studying these economies, like Taiwan, which have escaped the most severe distress. Haggard focuses on the political economy of the crisis, focusing on longer-term difficulties of moral hazard and corruption policy in crisis management and political consequences of severe economic downturn. For the future, he focuses on two issues: modifications in social safety nets in countries in crisis and efforts on the institutional and monetary restructuring. The Political Economy of the Asian Monetary Crisis

\n\nThe Political Economy of the Asian Monetary Crisis Ebook

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