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Economics/Finances Financial Liberalization and the Asian Crisis

Posted on 2010-03-16




Name:Economics/Finances Financial Liberalization and the Asian Crisis
ASIN/ISBN:0333921585
Language:English
File size:2 Mb
ISBN: 0333921585
Publish Date: 2001-08-18
File Type: PDF
Pages: 308 pages
File Size: 2 Mb
Other Info: Palgrave Macmillan
   Economics/Finances Financial Liberalization and the Asian Crisis

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Financial Liberalization and the Asian Crisis

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.

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