Financial Liberalization and the Asian Crisis

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Business & Economics
Financial Liberalization and the Asian...

Financial Liberalization and the Asian Crisis

Name: Financial Liberalization and the Asian Crisis
ISBN: 9780333921586

Ha-Joon Chang, Gabriel Palma, D. Hugh Whittaker

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The financial crisis that hit a number of 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 economic 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 liquidity and volatility, and calls for a more cautious approach to financial liberalization, and reform of the international financial architecture.

Categorias:

Business & Economics

Ano:

2001

Editora:

Palgrave Macmillan

Idioma:

english

Páginas:

308

ISBN 10:

0333921585