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This analytical work examines the causes and consequences of the Asian Financial Crisis of 1997–1998 and its connection to the Global Financial Crisis of 2007–2008. Drawing on his experience as a financial regulator, Andrew Sheng explores the structural weaknesses of global financial systems, the risks of liberalized capital flows, regulatory failures, and the impact of globalization on emerging markets. The book provides both insider perspective and critical policy analysis of international finance and crisis management.
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Edition: 1st
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Publisher: Cambridge University Press
Publishing Year: 2009
ISBN: 978-0-521-11864-4
Pages: 444