The Changing Politics of Finance in Korea and Thailand

The Changing Politics of Finance in Korea and Thailand

Author: Xiaoke Zhang

Publisher: Routledge

Published: 2003-08-29

Total Pages: 327

ISBN-13: 113442647X

DOWNLOAD EBOOK

This is the first systematic attempt to explore the causal relationship between financial market reform and financial crisis in an interdisciplinary and comparative perspective. It examines the political underpinnings of financial policy-change and provides an in-depth analysis of market liberalisation processes and their impact on the economic turmoil of 1997-98 in Korea and Thailand. The common crisis stemmed from divergent reform patterns and originated from dissimilar institutional deficiencies and political constraints. The book will be essential reading for both policy-makers and academics concerned with national governance in an era of globalisation.


The Politics of Finance in Developing Countries

The Politics of Finance in Developing Countries

Author: Stephan Haggard

Publisher: Cornell University Press

Published: 2019-05-15

Total Pages: 351

ISBN-13: 1501744496

DOWNLOAD EBOOK

Ten original essays examine the political and institutional factors that influence the initiation and efficiency of preferential credit policies in Korea, Taiwan, Thailand, Indonesia, the Philippines, Chile, Mexico, and Brazil.


Financial Crisis and Institutional Change in East Asia

Financial Crisis and Institutional Change in East Asia

Author: Jikon Lai

Publisher: Springer

Published: 2012-06-19

Total Pages: 255

ISBN-13: 1137265337

DOWNLOAD EBOOK

In light of the Asian financial crisis of 1997, Lai examines whether East Asian economies converged onto the liberal market model by studying the evolution of the financial sectors of Korea, Malaysia and Thailand. This includes sectoral diversification, the nature of competition, and the regulatory and supervisory frameworks.


International Financial Governance under Stress

International Financial Governance under Stress

Author: Geoffrey R. D. Underhill

Publisher: Cambridge University Press

Published: 2003-04-03

Total Pages: 411

ISBN-13: 1139434845

DOWNLOAD EBOOK

Persistent episodes of global financial crises have placed the existing system of international monetary and financial governance under stress. The resulting economic turmoil provides a focal point for rethinking the norms and institutions of global financial architecture and the policy options of public and private authorities at national, regional and transnational levels. This volume moves beyond analysis of the causes and consequences of recent financial crises and concentrates on issues of policy. Written by distinguished scholars, it focuses on the tension between global market structures and national policy imperatives. Accessible to both specialists and general readers, the analysis is coherent across a broad range of theoretical and empirical cases. Offering a series of reasoned policy responses to financial integration and crises, the volume grapples directly with the institutional and often-neglected normative dimensions of international financial architecture. The volume thus constitutes required reading for scholars and policy-makers.


The Political Economy of Capital Market Reforms in Southeast Asia

The Political Economy of Capital Market Reforms in Southeast Asia

Author: X. Zhang

Publisher: Springer

Published: 2011-09-13

Total Pages: 285

ISBN-13: 0230346464

DOWNLOAD EBOOK

In this book, Xiaoke Zhang addresses two fundamental political and policy questions: why do politicians have heterogeneous incentives to pursue public-regarding policies through capital market reforms and why do they differ in their abilities to initiate and implement market reform policies decisively and resolutely?


The Political Economy of the Asian Financial Crisis

The Political Economy of the Asian Financial Crisis

Author: Stephan Haggard

Publisher: Columbia University Press

Published: 2010-10-01

Total Pages: 291

ISBN-13: 088132308X

DOWNLOAD EBOOK

The Asian crisis has sparked a thoroughgoing reappraisal of current international financial norms, the policy prescriptions of the International Monetary Fund, and the adequacy of the existing financial architecture. To draw proper policy conclusions from the crisis, it is necessary to understand exactly what happened and why from both a political and an economic perspective. In this study, renowned political scientist Stephan Haggard examines the political aspects of the crisis in the countries most affected—Korea, Thailand, Malaysia, and Indonesia. Haggard focuses on the political economy of the crisis, emphasizing the longer-run problems of moral hazard and corruption, as well as the politics of crisis management and the political fallout that ensued. He looks at the degree to which each government has rewoven the social safety net and discusses corporate and financial restructuring and greater transparency in business-government relations. Professor Haggard provides a counterpoint to the analysis by examining why Singapore, Taiwan, and the Philippines escaped financial calamity.


Oxford Handbook of the International Relations of Asia

Oxford Handbook of the International Relations of Asia

Author: Saadia M. Pekkanen

Publisher: Oxford University Press, USA

Published: 2014

Total Pages: 841

ISBN-13: 0199916241

DOWNLOAD EBOOK

This Handbook examines the theory and practice of international relations in Asia. Building on an investigation of how various theoretical approaches to international relations can elucidate Asia's empirical realities, authors examine the foreign relations and policies of major countries or sets of countries.


The Korean Financial Crisis of 1997—A Strategy of Financial Sector Reform

The Korean Financial Crisis of 1997—A Strategy of Financial Sector Reform

Author: Mr.Angel J. Ubide

Publisher: International Monetary Fund

Published: 1999-03-01

Total Pages: 67

ISBN-13: 1451844646

DOWNLOAD EBOOK

After years of strong performance, Korea’s economy entered a crisis in 1997, owing largely to structural problems in its financial and corporate sectors. These problems emerged in the second half of that year, when the capital inflows that had helped finance Korea’s growth were reversed, as foreign investors—reeling from losses in other Southeast Asian economies—decided to reduce their exposure to Korea. This paper focuses on the sources of the crisis that originated in the financial sector, the measures taken to deal with it, and the evolution of key banking and financial variables in its aftermath.