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

ISBN: 0521107431

ISBN13: 9780521107433

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

(Part of the Political Economy of Institutions and Decisions Series)

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Format: Paperback

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Book Overview

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 come about? This book focuses on a novel causal path: that of miscommunication. By examining the determinants of Asia's financial crisis of 1997-8, it demonstrates why developing democracies are exceptionally vulnerable to breakdowns...

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