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Asian Economic Success and Crisis: Knowledge and Financial Capital

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International Business

Part of the book series: The Academy of International Business Series ((AIB))

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Abstract

The Asian economic crisis of 1997 has become a widely debated topic in international business research and among policymakers. We believe that any framework for analysing the crisis needs to take into account the decades of success that preceded the crisis and that this can be done by incorporating ‘knowledge’ and ‘capital’ allocation in international business research. The purpose of this chapter is twofold: first, to provide an interdisciplinary analysis of the role of knowledge and financial capital allocation in international business and related disciplines such as international economics and development; and secondly, to analyse why the knowledge and financial capital allocation systems that were fundamental to the past economic success in Asia helped to create the present economic crisis.

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Authors
  1. Chong Ju Choi
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  2. Carla C. J. M. Millar
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Editor information

Editors and Affiliations

  1. City University Business School, UK

    Carla C. J. M. Millar

  2. City University Business School, Georgetown University, USA

    Robert M. Grant

  3. The Judge Institute, Cambridge University, UK

    Chong Ju Choi

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© 2000 Academy of International Business, UK Chapter

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Choi, C.J., Millar, C.C.J.M. (2000). Asian Economic Success and Crisis: Knowledge and Financial Capital. In: Millar, C.C.J.M., Grant, R.M., Choi, C.J. (eds) International Business. The Academy of International Business Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230596740_3

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