{"product_id":"from-asian-to-global-financial-crisis-an-asian-regulators-view-of-unfettered-finance-in-the-1990s-and-2000s-hardback-9780521118644","title":"From Asian to Global Financial Crisis; An Asian Regulator's View of Unfettered Finance in the 1990s and 2000s (Hardback) 9780521118644","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eFrom Asian to Global Financial Crisis\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eAn Asian Regulator's View of Unfettered Finance in the 1990s and 2000s\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eThis is a unique insider account of the new world of unfettered finance.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eAndrew Sheng (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521118644, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 28 September 2009\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e504 pages, 16 b\/w illus.  62 tables\u003cbr\u003e23.6 x 15.8 x 3 cm, 0.79 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e'… clear and complete [analysis] … Sheng's perspective as an Asian regulator is especially welcome … his most valuable contribution is that he identifies some of the major barriers standing in the way of a sound financial system and points to future solutions.' Hu Shuli, Foreign Affairs\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eThis is a unique insider account of the new world of unfettered finance. The author, an Asian regulator, examines how old mindsets, market fundamentalism, loose monetary policy, carry trade, lax supervision, greed, cronyism, and financial engineering caused both the Asian crisis of the late 1990s and the global crisis of 2008–9. This book shows how the Japanese zero interest rate policy to fight deflation helped create the carry trade that generated bubbles in Asia whose effects brought Asian economies down. The study's main purpose is to demonstrate that global finance is so interlinked and interactive that our current tools and institutional structure to deal with critical episodes are completely outdated. The book explains how current financial policies and regulation failed to deal with a global bubble and makes recommendations on what must change.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eIntroduction\u003cbr\u003e 1. Things fall apart\u003cbr\u003e 2. Japan and the Asian crisis\u003cbr\u003e 3. The beam in our eyes\u003cbr\u003e 4. Banking: the weakest link\u003cbr\u003e 5. Washington consensus and the IMF\u003cbr\u003e 6. Thailand: the karma of globalization\u003cbr\u003e 7. South Korea: strong body, weak heart\u003cbr\u003e 8. Malaysia: the country that went her own way\u003cbr\u003e 9. Indonesia: from economic to political crisis\u003cbr\u003e 10. Hong Kong: unusual times need unusual action\u003cbr\u003e 11. China: rise of the dragon\u003cbr\u003e 12. From crisis to integration\u003cbr\u003e 13. The new world of financial engineering\u003cbr\u003e 14. What's wrong with financial regulation?\u003cbr\u003e 15. The global financial meltdown\u003cbr\u003e 16. A crisis of governance\u003cbr\u003e Appendices: From Asian to global crisis: chronology of notable events\u003cbr\u003e Abbreviations and acronyms.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Public finance [\u003ca title=\"See our other books on Public finance\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Public%20finance%20%5BKFFD%5D%22\"\u003eKFFD\u003c\/a\u003e], Finance [\u003ca title=\"See our other books on Finance\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20%5BKFF%5D%22\"\u003eKFF\u003c\/a\u003e], Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e], Economics [\u003ca title=\"See our other books on Economics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Economics%20%5BKC%5D%22\"\u003eKC\u003c\/a\u003e], Asian history [\u003ca title=\"See our other books on Asian history\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Asian%20history%20%5BHBJF%5D%22\"\u003eHBJF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46006532210968,"sku":"9780521118644","price":61.98,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521118644i_a247df80-5941-4735-ad49-25fe8f97ea69.jpg?v=1691371611","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/from-asian-to-global-financial-crisis-an-asian-regulators-view-of-unfettered-finance-in-the-1990s-and-2000s-hardback-9780521118644","provider":"Freshly Printed Books","version":"1.0","type":"link"}