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Economic liberalization and integration in East Asia : a post-crisis paradigm / Yung Chul Park

By: Material type: TextTextPublication details: Oxford : Oxford University Press, 2006Description: xviii, 276p, 24cmISBN:
  • 0199276773
Subject(s): DDC classification:
  • 330.95 PAR
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Holdings
Item type Current library Call number Status Date due Barcode Item holds
Book Book Calcutta 330.95 PAR (Browse shelf(Opens below)) Available IIMC-117896
Total holds: 0

The Asian financial crisis added impetus to the transformation process as the crisis countries accepted the Washington Consensus as part of their commitment to the IMF policy conditionality. In this book, the author argues for the continuing validity of an 'East Asian' model of economic development that differs distinctly from the Washington Consensus.He argues that, while this model was undermined to some extent by the 1997-98 financial crisis, it remains robust and important in explaining economic events in East Asia. In doing so, he covers the accomplishments and failures of the East Asian development model and the reform agenda for a new East Asian paradigm for post-crisis development.

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