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Book Cover
Author Lai, Jikon.

Title Financial crisis and institutional change in East Asia [electronic resource] / Jikon Lai.

Published Basingstoke : Palgrave Macmillan : [distributor] Not Avail, 2012.


Location Call No. Status
Physical description 256 p. : 8 b&w, halftones, 18.
Notes Electronic book text.
Epublication based on: 9780230360631, 2012.
Contents Whither the Asian Financial Systems post-Crisis? Analysing Economic Models Korea Malaysia Thailand Financial Systems in East Asia Epilogue: The East Asian Financial Sectors and the Global Financial Crisis.
File type Document
Summary 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. In the aftermath of the Asian financial crisis of 1997, many expected the affected countries to reform and restructure their financial systems, and become more market-driven. As such, there was an expectation that Asian economies would retrench state influence in the market and converge onto a liberal market model. In this timely text, Jikon Lai investigates the evolution of the financial systems of Korea, Malaysia and Thailand since 1997. While discussing how state-business relations have changed in recent years, and how changes to the financial sector have affected the potential for economic development and growth, the author frames his discourse with models of economic systems that are considered appropriate in the wider world, particularly in the light of the recent global financial crisis.
System notes PDF.
History notes JIKON LAI Lecturer in International Relations at the Research School of Pacific and Asian Studies at Australian National University.
Subject Financial crises -- East Asia -- Case studies.
Development economics & emerging economies -- East Asia, Far East.
International finance -- East Asia, Far East.
Finance -- East Asia, Far East.
East Asia -- Economic conditions -- 21st century -- Case studies.
ISBN 9781137265333 : £69.00
1137265337 : £69.00