Liberalization, Growth, and the Asian Financial Crisis

Liberalization, Growth, and the Asian Financial Crisis PDF

Author: Mohamed Ariff

Publisher: Edward Elgar Publishing

Published: 2000-01-01

Total Pages: 552

ISBN-13: 9781781952733

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This work examines the effects of financial liberalization of the more advanced economies in Southeast Asia and analyses the degree to which emerging and transitional economies in East and South Asia can benefit from this example.

Financial Liberalization and the Economic Crisis in Asia

Financial Liberalization and the Economic Crisis in Asia PDF

Author: Chung H. Lee

Publisher: Routledge

Published: 2003-08-29

Total Pages: 292

ISBN-13: 113444334X

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What brought about a financial crisis in the "miracle" economies of Asia? What went wrong with financial reform in Asia? What can the developing countries of the world learn from the reform experiences in Asia? Financial Liberalization and the Economic Crisis in Asia analyses how financial liberalization was undertaken in eight Asian countries and how it might be linked to the subsequent crises. The country studies focus on China, India, Indonesia, Japan, Malaysia, the Philippines, South Korea and Thailand.

Liberalization and Growth in Asia

Liberalization and Growth in Asia PDF

Author: Mohamed Ariff

Publisher: Edward Elgar Publishing

Published: 2005

Total Pages: 430

ISBN-13:

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In this second edition the authors from Monash and Bond Universities respectively present a thoroughly revised account of the effects of financial liberalization and growth and development in the more advanced economies of Southeast Asia. New chapters focus on the post-crisis reforms and their policy impacts.

Financial Liberalization and the Asian Crisis

Financial Liberalization and the Asian Crisis PDF

Author: H. Chang

Publisher: Springer

Published: 2001-06-11

Total Pages: 307

ISBN-13: 0230518621

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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.

Economic Liberalization and Integration in East Asia

Economic Liberalization and Integration in East Asia PDF

Author: Yung Chul Park

Publisher: OUP Oxford

Published: 2005-12-15

Total Pages: 296

ISBN-13: 0191534927

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Several years before the 1997-98 Asian financial crisis, most East Asian economies with the exception of China had engaged in the liberal reform prescriptions of the Washington Consensus. The Asian financial crisis added impetus to the transformation process as the crisis countries accepted the Washington Consensus as part of their commitment to the IMF policy conditionality. In this book the author argues for the continuing validity of an 'East Asian' model of economic development that differs distinctly from the Washington Consensus. He argues that, while this model was undermined to some extent by the 1997-98 financial crisis, it remains robust and important in explaining economic events in East Asia. In doing so, he covers the accomplishments and failures of the East Asian development model and the reform agenda for a new East Asian paradigm for post-crisis development.

Economic Liberalization and Integration in East Asia

Economic Liberalization and Integration in East Asia PDF

Author: Yŏng-chʻŏl Pak

Publisher: Oxford University Press, USA

Published: 2006

Total Pages: 295

ISBN-13: 0199276773

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In this book Park argues for the continuing validity of an 'East Asian' model of economic development that differs distinctly from the Washington Consensus. He argues that, while this model was undermined to some extent by the 1997-98 financial crisis, it remains robust and important in explaining economic events in East Asia.

The Asian Financial Crisis

The Asian Financial Crisis PDF

Author: Eddy Lee

Publisher: International Labour Organization

Published: 1998

Total Pages: 112

ISBN-13: 9789221108504

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This study examines the social impact of the Asian financial crisis which began in July 1997. Several countries experienced an economic shock of unprecedented severity after decades of uninterrupted growth. The severe rise in unemployment and its repercussions in the worst-affected countries (Thailand, Republic of Korea and Indonesia) overwhelmed the underdeveloped systems of social protection. Higher unemployment and inflation combined to push many people into poverty. A central policy message is that current programmes of policy and institutional reform following the crisis, should include a basic rethinking of the social dimension of the future model of development. The author also argues for the introduction of unemployment insurance, the expansion of social assistance and the strengthening of active labour market policies.

Global Markets and Financial Crises in Asia

Global Markets and Financial Crises in Asia PDF

Author: H. Khan

Publisher: Springer

Published: 2004-05-21

Total Pages: 266

ISBN-13: 0230000797

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Khan presents a theory of financial crises in the age of globalization from an evolutionary perspective and suggests policies that may be necessary for averting or managing new financial crises. Starting with the Asian financial crises, he identifies new types of financial crises that result from a combination of liberalization, weak domestic institutions for economic governance and a chaotic global market system without global governance institutions. Suggested solutions involve building new institutions for global and domestic governance and domestic and international policy reforms.

Financial Liberalization

Financial Liberalization PDF

Author: P. Arestis

Publisher: Springer

Published: 2005-09-08

Total Pages: 179

ISBN-13: 0230522386

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The financial liberalization thesis emerged in the 1970s and has been of considerable importance ever since, not merely in terms of its theoretical influence but, perhaps more importantly, in terms of its impact on policy makers and policy debates. Although it has encountered increasing scepticism over the years, it nevertheless had a relatively early impact on development policy, which still continues unabated, through the work of the IMF and the World Bank. The latter two institutions, perhaps in their traditional role as promoters of what were claimed to be free market conditions, were keen to encourage financial liberalization policies as part of more general reforms or stabilization programmes. This book explores what we have learned from the vast experience of the theoretical and policy aspects of the financial liberalization.

Asian Economy and Finance:

Asian Economy and Finance: PDF

Author: Dilip K. Das-Gupta

Publisher: Springer Science & Business Media

Published: 2006-03-30

Total Pages: 328

ISBN-13: 0387233830

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This book offers the newest knowledge related to relevant themes on the Asian economies as well as the latest concepts. In a succinct manner, it deals with the principal normative and positive strands with which one need to be properly familiar in this subject area. The tightly written volume covers a great deal of ground and imparts knowledge on the Asian economy related themes to students, researchers and policy makers alike.