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Financial Crisis, Contagion, and Containment: From Asia to Argentina
Padma Desai
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Description for Financial Crisis, Contagion, and Containment: From Asia to Argentina
Hardback. Offers an 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. This book argues that East Asia's opening to the free flow of capital was pushed by advocates, official and private, in the global economy's U.S.-led developed center. Num Pages: 320 pages, 4 tables. 10 line illus. 17 halftones. BIC Classification: KCC; KCL; KCS. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 168 x 240 x 26. Weight in Grams: 644.
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 ... Read more
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 ... Read more
Product Details
Format
Hardback
Publication date
2003
Publisher
Princeton University Press United States
Number of pages
280
Condition
New
Number of Pages
320
Place of Publication
New Jersey, United States
ISBN
9780691113920
SKU
V9780691113920
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About 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".
Reviews for Financial Crisis, Contagion, and Containment: From Asia to Argentina
"Financial Crisis, Contagion, and Containment is though-provoking for economic and financial practitioners who want to better understand financial crises and the IMF's attendant policy responses. Although originally written in 2003, the book remains relevant today."
MKB, Financial Analysts Journal
MKB, Financial Analysts Journal