This book chapter offers a conceptual contribution to the development economics and financial development literature by reviewing the East Asian development patterns through an ethical interpretation. The flight of foreign capital and the financial crises that affected some of the most...

I discuss briefly the crisis itself and then give some criteria that should be used in evaluating any policy proposed o deal with it. This is followed by a critical discussion of some of the policy measures that have been suggested. Finally, I give a list of proposals, that I believe best...