Name: Miracle to Meltdown in Asia: Business, Government, and Society (en Inglés)
Price: 1106.31 PEN
Availability: InStock
Author: Norman Flynn
ISBN: 9780198295525

portada Miracle to Meltdown in Asia: Business, Government, and Society (en Inglés)

Formato

Libro Físico

Editorial

Oxford University Press

Autor

Norman Flynn

Año

1999

Idioma

Inglés

N° páginas

184

Encuadernación

Tapa Dura

ISBN

0198295529

ISBN13

9780198295525

N° edición

Categorías

Negocios internacionales

Miracle to Meltdown in Asia: Business, Government, and Society (en Inglés)

Norman Flynn (Autor) · Oxford University Press · Tapa Dura

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Reseña del libro "Miracle to Meltdown in Asia: Business, Government, and Society (en Inglés)"

The crisis in Asia has caused economic hardship and brought an end to the 'economic miracle' of fast economic growth in the region. This book asks whether the 1997/8 crisis marks a break with the past and signals an end to 'Asian' ways of running economies. During the period of rapid growth there were strong connections between governments and business in the region. 'Cronyism', or close connections between family, business, and government, was exposed when the stock markets and currencies dived. Pressure from overseas investors and international organizations has produced reforms in the region. The book examines the social, economic, and political modes of governance in the region. It finds that there is a shifting balance between rule by the market, rule by connections, and rule by force. In the sphere of economic management, it shows that the period of the 'developmental state' in Japan and Korea has come to an end, but that it has not yet been replaced by a liberal market. Elsewhere the close connections between governments and business have been weakened but not yet broken. There are still special 'Asian' characteristics in economic management and in politics. The forces of 'Globalization' are strong, but they are confronted with political and economic cultures that are not rooted in liberal market ethics.