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

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Global Markets and Financial Crises in Asia: Towards a Theory for the 21st Century image
ISBN-10:

033376076X

ISBN-13:

9780333760765

Author(s): Khan, H.
Edition: 2004
Released: May 21, 2004
Format: Hardcover, 265 pages

Description:

Khan presents a 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 financial crises, 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.

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