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Haider A. Khan

Global Markets and Financial Crises in Asia : Towards a Theory for the 21st Century

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ISBN: 033376076X
Издательство: Palgrave Macmillan
Год издания: 2004
Book Description Khan presents a new theory of financial crises in the age of globalization from an evolutionary perspective and suggests policies that may be necessary for averting or managing new financial crises. Starting with the Asian financialcrises, he identifies new types of financial crises that result from a combination of liberalization, weak domestic institutions for economic governance and a chaotic global market system without global governance institutions. Suggested solutions involve building new institutions for global and domestic governance and domestic and international policy reforms.