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Globalization, Politics, and Financial Turmoil on Hardback by Shanker Satyanath
Globalization, Politics, and Financial Turmoil on Hardback by Shanker Satyanath
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Globalization, Politics, and Financial Turmoil

Asia's Banking Crisis
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Description

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 1997-98, it demonstrates why developing democracies are exceptionally vulnerable to breakdowns in communication between financial officials and the chief executive and outlines the disastrous consequences of such breakdowns. The book offers a framework for predicting where chief executives are most likely to be ill informed about critical economic variables. It also considers those situations in which politicians are dependent on financial officials whom they cannot completely trust or in which multiple veto players damage the flow of information.

Author Biography:

Shanker Satyanath is currently as Assistant Professor in the Department of Politics at New York University. He received his Masters in Management from Northwestern University and his Ph.D. in Political Science from Columbia University.
Release date NZ
December 22nd, 2005
Audience
  • Professional & Vocational
Illustrations
11 Tables, unspecified; 3 Line drawings, unspecified
Pages
174
Dimensions
152x229x14
ISBN-13
9780521854924
Product ID
2399154

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Books >
Business & Economics >
Economics >
Political economy
Books >
Business & Economics >
Finance & Accounting >
Finance >
Banking
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Non-Fiction >
Politics & government >
Comparative politics