Financial Crisis, Contagion, and Containment
From Asia to Argentina
(Sprache: Englisch)
This book provides a sweeping, up-to-date, and boldly critical account of the financial crises that rocked East Asia and other parts of the world beginning with the collapse of the Thai baht in 1997. Retracing the story of Asia's "Crisis Five"--Indonesia,...
Leider schon ausverkauft
versandkostenfrei
Buch
Fr. 99.90
inkl. MwSt.
- Kreditkarte, Paypal, Rechnungskauf
- 30 Tage Widerrufsrecht
Produktdetails
Produktinformationen zu „Financial Crisis, Contagion, and Containment “
Klappentext zu „Financial Crisis, Contagion, and Containment “
This book provides a sweeping, up-to-date, and boldly critical account of the financial crises that rocked East Asia and other parts of the world beginning with the collapse of the Thai baht in 1997. Retracing the story of Asia's "Crisis Five"--Indonesia, Malaysia, South Korea, the Philippines, and Thailand--Padma Desai argues that the region's imprudently fast-paced opening to the free flow of capital was pushed by determined advocates, official and private, in the global economy's U.S.-led developed center. Turmoil ensued in these peripheral economies, the Russian ruble faltered, and Brazil was eventually hit. The inequitable center-periphery relationship also extended to the policy measures that the crisis-swept economies implemented under International Monetary Fund bailouts, which intensified the downturns induced by the panic-driven outflows of short-term capital.Financial Crisis, Contagion, and Containment examines crisis origin and resolution in a comparative perspective by combing empirical evidence from the most robust economies to the least. Why is the U.S. relatively successful at weathering economic ups and downs? Why is Japan stuck in policy paralysis? Why is the European Central Bank unable to achieve both inflation control and stable growth? How can emerging markets avoid turbulence amid free-flowing speculative capital from private lenders of the developed center? Engaging and nontechnical yet deeply insightful, this book appears at a time when the continuing turmoil in Argentina has revived policy debates for avoiding and addressing financial crises in emerging market economies.
Autoren-Porträt von Padma Desai
Padma Desai is Gladys and Roland Harriman Professor of Comparative Economic Systems and Director of the Center for Transition Economies at Columbia University. She was president of the Association for Comparative Economic Studies in 2001. She is author of "The Soviet Economy" and "Perestroika in Perspective".
Bibliographische Angaben
- Autor: Padma Desai
- 318 Seiten, Masse: 16,1 x 24 cm, Gebunden, Englisch
- Verlag: Princeton University Press
- ISBN-10: 0691113920
- ISBN-13: 9780691113920
- Erscheinungsdatum: 11.05.2003
Sprache:
Englisch
Rezension zu „Financial Crisis, Contagion, and Containment “
This fascinating book presents an impressive epic on the financial crises that have afflicted a large portion of the world. While comparing alternative views for the remedy, it presents truly provocative criticisms on the IMF's former policy of trying to sustain free capital mobility for countries facing crisis. Based on the most informed knowledge of this subject but presented in a nontechnical form, with lucid descriptions of familiar crises, it will be appreciated by students and scholars as well as a broader intellectual audience.
Kommentar zu "Financial Crisis, Contagion, and Containment"
0 Gebrauchte Artikel zu „Financial Crisis, Contagion, and Containment“
Zustand | Preis | Porto | Zahlung | Verkäufer | Rating |
---|
Schreiben Sie einen Kommentar zu "Financial Crisis, Contagion, and Containment".
Kommentar verfassen