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Global Markets and Financial Crises in Asia

Towards a Theory for the 21st Century

  • Haider A. Khan

About this book

Introduction

Khan presents a theory of financial crises in the age of globalization from an evolutionary perspective and suggests policies that may be necessary for averting or managing new financial crises. Starting with the Asian financial crises, he identifies new types of financial crises that result from a combination of liberalization, weak domestic institutions for economic governance and a chaotic global market system without global governance institutions. Suggested solutions involve building new institutions for global and domestic governance and domestic and international policy reforms.

Keywords

Asia corporate governance development economy finance financial architecture global governance globalization institutions liberalization political economy reforms

Authors and affiliations

  • Haider A. Khan
    • 1
  1. 1.University of DenverUSA

Bibliographic information