Description
Book SynopsisThis book considers how a financial crisis develops and how a government responds to a financial crisis. In an attempt to shed light on these questions, it closely examines two cases: Mexico during the Mexican Peso Crisis of 1994-1995 and Malaysia during the Asian Financial Crisis of 1997-1998.
Trade ReviewThis perceptive study by Fahrettin Sümer could not have been completed at a more propitious time. As the world in 2010 haltingly recovers from the worst economic crisis since the Great Depression, Dr. Sümer significantly extends our understanding of why such crises periodically humble global capitalism. -- Donald J. Puchala, Ph.D., Department of Political Science, University of South Carolina
Table of ContentsPreface Foreword Acronyms Chapter I: About the Book Chapter II: The Economic Explanations of Financial Crises and of Governmental Responses Chapter III: The Shortcomings of the Economic Explanations: The Mexican Case Chapter IV: The Impact of Non-Economic Factors: The Mexican Case Chapter V: The Shortcomings of the Economic Explanations: The Malaysian Case Chapter VI: The Impact of Non-Economic Factors: The Malaysian Case Chapter VII: Financial Crises, Non-Economic Factors, and Governmental Responses Appendix A: Mexico's Historical Background Appendix B: Malaysia's Historical Background Appendix C: Mexico's Economic Indicators in the Late 1980s and 1990s Appendix D: Malaysia's Economic Indicators in Comparison with Some Asian Countries in the 1990s Bibliography Index
