This fascinating book presents a lively discussion of key issues resulting from the recent financial crisis. The expert contributors explore why the global financial crisis occurred, how it destroyed wealth, triggered mass unemployment and created an unprecedented loss of control on employment,...

Economic governance institutions (rules, norms and enforcement practices) define the cost and incentive structures that influence the decisions of economic actors. They therefore have a significant impact on micro and macro economic performance across countries and time. -- This book contributes...

Introduction / Rajah Rasiah and Johannes Dragsbaek Schmidt -- Industrialization in the second-tier NIEs / Rajah Rasiah -- The 1997 economic crisis, reform and Southeast Asian growth / Chris Dixon -- Revisiting shared growth and examining horizontal inequality / Anis Chowdhury and Iyanatul Islam...

The recent global financial crisis has challenged conventional wisdom, and our conception of globalisation has been called into question. This challenging and timely book revisits the relationship between globalisation, the crisis and the state from an interdisciplinary perspective, with law,...