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Globalization, Politics, and Financial Turmoil: Asia's Banking Crisis PDF

174 Pages·2005·1.167 MB·English
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by Shanker Satyanath| 2005| 174 pages| 1.167| English

About Globalization, Politics, and Financial Turmoil: Asia's Banking Crisis

In a world where capital moves freely across national borders, developing countries have increasingly been subjected to devastating financial crises caused by the sudden withdrawal of foreign capital. How do such crises develop? This book focuses on a novel causal path: that of miscommunication. By examining the determinants of Asia's financial crisis of 1997-98, it demonstrates why developing democracies are exceptionally vulnerable to breakdowns in communication between financial officials and the chief executive and outlines the disastrous consequences of such breakdowns.

Detailed Information

Author:Shanker Satyanath
Publication Year:2005
ISBN:9780511140761
Pages:174
Language:English
File Size:1.167
Format:PDF
Price:FREE
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