The Asian Financial Crisis and the Architecture of Global Fin... - 9780521790918

The Asian Financial Crisis and the Architecture of Global FinanceAuthor(s): Gregory W. Noble, John Ravenhill\nFormat: Hardback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9780521790918, 978-0521790918\nSynopsis\nThe financial crises across Asia in [tel] ignited fierce debate about domestic economic weaknesses and flaws in the international financial system. Some analysts blamed Asian governments for inadequate prudential supervision, widespread failures of corporate governance and even 'crony capitalism'. Others assailed the inherent instability of global financial markets and what they considered to be hasty and ill-conceived liberalization taken at the behest of Western-dominated international financial institutions. In this volume a distinguished group of political scientists, economists and practitioners examines the political and economic causes and consequences of the crisis. They ask: To what extent were domestic econom?