Show simple item record

dc.contributor.authorLiew, Leong
dc.date.accessioned2019-06-05T22:15:35Z
dc.date.available2019-06-05T22:15:35Z
dc.date.issued1998
dc.identifier.issn13547860en_US
dc.identifier.doi10.1080/13547869808724655en_US
dc.identifier.urihttp://hdl.handle.net/10072/121822
dc.description.abstractThis paper provides a political‐economy analysis of the Asian financial crisis, with a focus on the economies of Indonesia, Korea, Malaysia and Thailand. It explains why the crisis affected each of these countries differently and why the responses to the crisis differ between governments. The paper argues that banking crises need not necessarily lead to currency crises. In particular, it provides an argument that, despite its banking crisis, Korea should have avoided a currency crisis because its economic fundamentals were fundamentally sound. That it failed to do so was due to the inertia of the previous government and IMF policies, which have the support of the current government because they are consistent with its political imperative. This paper also examines the roles played by the United States, Japan and China, which are the key regional players in the region, in the crisis. It argues that the behaviour of the key regional players was very much dictated by their domestic and international agendas.en_US
dc.description.peerreviewedYesen_US
dc.languageEnglishen_US
dc.publisherRoutledgeen_US
dc.publisher.placeUKen_US
dc.relation.ispartofpagefrom301en_US
dc.relation.ispartofpageto330en_US
dc.relation.ispartofissue3en_US
dc.relation.ispartofjournalJournal of the Asia Pacific Economyen_US
dc.relation.ispartofvolume3en_US
dc.titleA political‐economy analysis of the Asian financial crisisen_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.facultyGriffith Business School, Department of International Business and Asian Studiesen_US
gro.hasfulltextNo Full Text
gro.griffith.authorLiew, Leong H.


Files in this item

FilesSizeFormatView

There are no files associated with this item.

This item appears in the following Collection(s)

  • Journal articles
    Contains articles published by Griffith authors in scholarly journals.

Show simple item record