Commentary
Depleted financial reserves and a shrinking tax base mean it is no longer possible to simultaneously deliver high defense spending, price stability, and economic growth.
Alexandra Prokopenko
REQUIRED IMAGE
Paper
Background Studies Prepared for the Bangkok Meeting
By Jongryn Mo, Pasuk Phongpaichit, Chris Baker
Published on Jun 1, 2000
Source: CERN Global Dialogue Series
Background Studies Prepared for the Bangkok Meeting
- Notes on the Economics and Politics of the Asian Financial Crisis.
Full Text (PDF format)
- The Politics of Economic Reform: South Korea.
Full Text (PDF format)
- The Politics of Economic Reform: Thailand.
Full Text (PDF format)
SUMMARY
These country case studies offer detailed, political economy analyses of the Asian financial crisis and the different approaches to managing each country's recovery. Wing Thye Woo gives a broad comparative analysis of the economic and political dimensions of the crisis in Malaysia, South Korea, and Indonesia. Jongryn Mo details reforms in South Korea undertaken as a result of the crisis, and the factors that made these reforms politically feasible. Pasuk Phongpaichit and Chris Baker analyze the politics of reform in Thailand, both during its boom period and the post-crisis period, giving particular emphasis to distributional issues.
About the Authors
Jongryn Mo
Pasuk Phongpaichit
Chris Baker
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