Ha-Joon Chang – Financial Liberalization & the Asian Crisis
Ha-Joon Chang – Financial Liberalization & the Asian Crisis
Ha-Joon Chang – Financial Liberalization & the Asian Crisis
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Description
Ha-Joon Chang – Financial Liberalization & the Asian Crisis
The world was shocked by the financial crisis that hit Asia in 1997. Conventional explanations of the crisis are based on inefficient and corrupt economics systems in the countries concerned. The crisis was the result of premature and overly rapid financial liberalization in a world of increasing financial liquidity and volatility, and calls for a more cautious approach to financial liberalization, and a reform of the international financial architecture.
About the author.
Chris Baker is a researcher and writer.
Financial Liberalization & the Asian Crisis, Free Financial Liberalization, and the Asian Crisis can be downloaded.
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