Business & Economics Books:

Globalization, Politics, and Financial Turmoil

Asia's Banking Crisis

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Globalization, Politics, and Financial Turmoil by Shanker Satyanath
$69.99
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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 1997-8, 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 PhD in Political Science from Columbia University, New York.
Release date NZ
April 2nd, 2009
Country of Publication
United Kingdom
Illustrations
3 b/w illus. 11 tables
Imprint
Cambridge University Press
Pages
176
Dimensions
152x229x10
ISBN-13
9780521107433
Product ID
2963999

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