The Political Economy of International Financial Crisis: Interest Groups, Ideologies, and Institutions

The Political Economy of International Financial Crisis: Interest Groups, Ideologies, and Institutions
ISBN-10
0742501337
ISBN-13
9780742501331
Category
Business & Economics
Pages
298
Language
English
Published
2001
Publisher
Rowman & Littlefield
Authors
Uk Heo, Shale Asher Horowitz

Description

The world financial crisis of 1997-99 was the most important international economic event since the oil shocks of the 1970s and the associated debt crisis of the 1980s. What were its political causes and consequences? In particular, how did interest group coalitions and political institutions affect pre-crisis economic policies and post-crisis responses? This book focuses on how policymaking coalitions are formed and how political institutions mediate the pressure of rival coalitions. This approach is applied to 13 countries drawn from the main crisis-affected regions of the world economy—East Asia, Southeast Asia, Latin America and Eastern Europe.

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