Asian Responses to the Global Financial Crisis
  • Author : Jehoon Park
  • Release Date : 01 January 2012
  • Publisher : Edward Elgar Publishing
  • Genre : Business & Economics
  • Pages : 304
  • ISBN 13 : 9781781003916

Download Asian Responses to the Global Financial Crisis eBook in PDF, Epub and Kindle

Book Description: This book takes account of the global financial crisis from Asian perspectives, considering Asian responses to the crisis via two key arenas – regionalism in Asia and the G20. The expert contributors – both Asian and Western – illustrate that as G20 members, many Asian countries are now able to showcase their increasing powers and influence on global issues. Within this context, and via multidisciplinary economic and political science perspectives, the book deals with various issues such as World System analysis, the debate between the Washington Consensus and the Beijing Consensus, roles within the G20, and the contribution of 'middle' powers such as Korea and Australia. The application of European experiences to Asia is also considered, as are perspectives from the US. The book concludes that the key to resolving the current global economic crisis lies in how quickly a new global governance and monitoring system can be constructed, and that there are multiple roles for Asian countries to play in its development. Written with a uniquely multidisciplinary approach, this book will prove a fascinating read for a wide-ranging audience encompassing academics, students, researchers and policymakers in a number of fields including Asian studies, economics, public policy and regional studies.

Asian Responses to the Global Financial Crisis

Asian Responses to the Global Financial Crisis

Author : Jehoon Park,T. J. Pempel,Geng Xiao
Publisher : Edward Elgar Publishing
Genre : Business & Economics
DOWNLOAD

This book takes account of the global financial crisis from Asian perspectives, considering Asian responses to the crisis via two key arenas – regionalism in Asia and the G20. The expert contributors – both Asian and Western – illustrate that as G20 members, many Asian countries are now able to showcase their increasing ...

Two Crises  Different Outcomes

Two Crises Different Outcomes

Author : T. J. Pempel,Keiichi Tsunekawa
Publisher : Cornell University Press
Genre : Political Science
DOWNLOAD

Two Crises, Different Outcomes examines East Asian policy reactions to the two major crises of the last fifteen years: the global financial crisis of 2008–9 and the Asian financial crisis of 1997–98. The calamity of the late 1990s saw a massive meltdown concentrated in East Asia. In stark contrast, East Asia avoided ...

A Resilient Asia Amidst Global Financial Crisis

A Resilient Asia Amidst Global Financial Crisis

Author : Harinder S Kohli,Ashok Sharma
Publisher : SAGE Publishing India
Genre : Business & Economics
DOWNLOAD

This book is based on the papers presented and discussions held at a high-level regional workshop organized by the Asian Development Bank in January 2010 to discuss the impact of the global economic and financial crisis on developing Asia. It provides a clear and thought-provoking analysis of the global economic crisis ...

Destructive Creativity of Wall Street and the East Asian Response

Destructive Creativity of Wall Street and the East Asian Response

Author : Michael S. H. Heng,Tai-Wei Lim
Publisher : World Scientific
Genre : Business & Economics
DOWNLOAD

The current financial crisis provides a valuable occasion for the world to re-examine the grand statements of wisdom which dominate the financial world for a long time. The impact is extremely serious as a result of the convergence of a number of factors such as huge current account deficits of ...

From Asian to Global Financial Crisis

From Asian to Global Financial Crisis

Author : Andrew Sheng
Publisher : Cambridge University Press
Genre : Business & Economics
DOWNLOAD

This is a unique insider account of the new world of unfettered finance. The author, an Asian regulator, examines how old mindsets, market fundamentalism, loose monetary policy, carry trade, lax supervision, greed, cronyism, and financial engineering caused both the Asian crisis of the late 1990s and the global crisis of 2008–9. ...

Unexpected Outcomes

Unexpected Outcomes

Author : Carol Wise,Leslie Elliott Armijo,Saori N. Katada
Publisher : Brookings Institution Press
Genre : Political Science
DOWNLOAD

This volume documents and explains the remarkable resilience of emerging market nations in East Asia and Latin America when faced with the global financial crisis in 2008-2009. Their quick bounceback from the crisis marked a radical departure from the past, such as when the 1982 debt shocks produced a decade-long recession ...

Lessons from the Asian Financial Crisis

Lessons from the Asian Financial Crisis

Author : Richard Carney
Publisher : Routledge
Genre : Political Science
DOWNLOAD

Nearly ten years after the Asian Financial Crisis, financial turmoil has reappeared – this time it is ravaging the world's wealthiest countries and dragging the global economy along for the ride. It forces one to reflect on the last major financial crisis to afflict the global economy, and to consider whether ...

East Asian Labor Markets and the Economic Crisis

East Asian Labor Markets and the Economic Crisis

Author : Gordon Betcherman,Rizwanul Islam
Publisher : World Bank Publications
Genre : Political Science
DOWNLOAD

This book looks at the impacts of the Asian economic crisis on the labor market, examining how various countries respondedIt identifies the labour policy reforms needed in areas of unemployment benefit, active labour market programs, support for vulnerable groups and social dialogue....

Asia Rising

Asia Rising

Author : Hal Hill,Maria Socorro Gochoco-Bautista
Publisher : Edward Elgar Publishing
Genre : Business & Economics
DOWNLOAD

'This book provides a coherent and current account of how India, Indonesia, Malaysia, Thailand, the Philippines and the People's Republic of China coped with the Asian financial crisis of the 1990s and the recent global economic recession, and how they may address future challenges in maintaining growth in difficult times. ...

The Impact of the Economic Crisis on East Asia

The Impact of the Economic Crisis on East Asia

Author : Daigee Shaw,Bih Jane Liu
Publisher : Edward Elgar Publishing
Genre : Business & Economics
DOWNLOAD

This insightful book explores the economic conditions and policy response of four major East Asian economies in the wake of the 2008 global economic crisis. Written by a distinguished group of Asian social scientists, this study summarizes and synthesizes the economic impacts of the crisis on individual countries and their policy ...

The Global Financial Crisis and Asia

The Global Financial Crisis and Asia

Author : Masahiro Kawai,Mario B. Lamberte,Yung Chul Park
Publisher : OUP Oxford
Genre : Business & Economics
DOWNLOAD

This book aims to identify and analyze the impact of the 2007-09 global financial crisis on Asian economies and to assess the short-term and longer-term policy responses to the crisis in terms of their effectiveness and sustainability. It draws lessons on how best to avoid and/or mitigate future crises ...

China and the Global Financial Crisis

China and the Global Financial Crisis

Author : Jean-Pierre Cabestan,Jean-François Di Meglio,Xavier Richet
Publisher : Routledge
Genre : Social Science
DOWNLOAD

This book examines China's response to the 2007-2008 global financial crisis, and the resulting new status acquired by China within the international economy. It considers the things China did to weather the crisis, discussing the stimulus package put in place by China and how China's banks coped, but above all ...

The Global Financial and Economic Crisis in the South

The Global Financial and Economic Crisis in the South

Author : Leon-Manriquez, Jose Luis,Moyo, Theresa
Publisher : CODESRIA
Genre : Business & Economics
DOWNLOAD

This book is the outcome of a South-South conference jointly organized by the Asian Political and International Studies Association (APISA), the Latin American Council of Social Sciences (CLACSO) and the Council for the Development of Social Science Research in Africa (CODESRIA) in Dakar, Senegal, May 2012. The conference was organised in ...

The Politics of the Asian Economic Crisis

The Politics of the Asian Economic Crisis

Author : T. J. Pempel
Publisher : Cornell University Press
Genre : Political Science
DOWNLOAD

In the summer of 1997, a tidal wave of economic problems swept across Asia. Currencies plummeted, banks failed, GNP stagnated, unemployment soared, and exports stalled. In short, the vaunted "Asian Economic Miracle" became the "Asian Economic Crisis"—with serious repercussions for nations and markets around the world. While the headlines are ...

Global Shocks and the New Global and Regional Financial Architecture

Global Shocks and the New Global and Regional Financial Architecture

Author : Naoyuki Yoshino,Pradumna B. Rana,Peter J. Morgan
Publisher : Asian Development Bank
Genre : Business & Economics
DOWNLOAD

Asian economies continue to be subject to new shocks: US monetary policy tightening, the adoption of negative-interest-rate policies by central banks all over the world, the slowdown of the People’s Republic of China, and the sharp drop in oil and other commodity prices. All these highlight the vulnerability of ...