Private capital flows in the age of globalization : the aftermath of the Asian crisis / edited by Uri Dadush, Dipak Dasgupta, Marc Uzan.

Format:

Book

Contributor:

Dadush, Uri B.

Das Gupta, Dipak.

Uzan, Marc.

Organisation for Economic Co-operation and Development

World Bank.

Language:

English

Subjects (All):

Capital movements--Southeast Asia.

Capital movements.

Debts, External--Southeast Asia.

Debts, External.

Financial crises--Southeast Asia.

Financial crises.

Southeast Asia.

Physical Description:

ix, 250 pages : illustrations ; 24 cm

Place of Publication:

Northampton, MA : Edward Elgar Pub., 2000.

Contents:

Part I The Asian Crisis in Perspective

1 Excess competition, moral hazard and industrial trauma in Korea, 1997-8 / Hak K. Pyo 13

2 The Asian financial crisis in perspective / Roberto Chang, Andres Velasco 27

3 The East Asian financial crisis: regional and global responses / Ross Garnaut, Dominic Wilson 63

4 Latin America confronting the Asian crisis / Gerardo Esquivel, Felipe Larrain B. 81

Part II Debt Restructuring and Orderly Work-Outs

5 Exorcizing Asian debt: lessons from Latin American roll-overs, work-outs and write-downs / Vinod K. Aggarwal 105

6 At the insolvency masquerade, what mask for the IMF: international bankruptcy court, mediator or insolvency law reformer? / Paul D. Leake, Adam C. Rogoff, Gordon W. Johnson 140

7 Sovereign rescues: using commercial debt resolution mechanisms to reduce global public funding / Richard A. Gitlin 176

Part III Moral Hazard and Systemic Risk

8 Systemic risk, moral hazard and the international lender of last resort / Frederic S. Mishkin 185

9 Dealing with systemic risk / Michel Aglietta 198

10 Creditor panic, asset bubbles and sharks: three views of the Asian crisis / Marcus Miller, Lei Zhang 222.

Notes:

Includes bibliographical references and index.

"In association with the Organisation for Economic Co-operation and Development/the World Bank."

ISBN:

1840642149

OCLC:

42476670