Financial Liberalization and the Asian Crisis

Abstract

List of Tables List of Figures Notes on the Contributors Introduction H.Chang, G.Palma & D.H.Whittaker Economic Crisis in East Asia: The Clash of Capitalisms C.Johnson Capital Market Crises: Liberalization, Fixed Exchange Rates and Market-driven Destabilization L.Taylor Derivatives and Global Capital Flows: Applications to Asia J.A. Kregel From 'Miracle' to 'Cronyism': Explaining the Great Asian Slump R.Wade Thailand's Crisis: Neo-Liberal Agenda and Local Reaction P.Phongpaichit & C.Baker Malaysian Debacle: Whose Fault? K.S.Jomo Indonesia: From Showcase to Basket Case J.Pincus & R.Ramli Interpreting the Korean Crisis: Financial Liberalization, Industrial Policy and Corporate Governance H.Chang, H.Park & C.G.Yoo Fashioning a New Korean Model out of the Crisis: The Rebuilding of Institutional Capabilities J.A.Mathews Japan's Crisis: Evolution and Implications D.H.Whittaker & Y.Kurosawa Responses to the Crisis: Constraints to a Rapid Trade Adjustment in East Asia's Electronics Industry D.Ernst Asian Crisis and the Future of the Japanese Model R.Dore The Economic Impact of the Asian Crisis on India and China A.S.Bhalla & D.M.Nachane Three and a Half Cycles of 'Mania, Panic and [Asymmetric] Crash': East Asia and Latin America Compared G.Palma Index