Providing an integrated analysis of the event and its consequences, the chapters in the book consider the causes of the crisis, the response of the US government and International Monetary Fund, adjustments in the Korean monetary and fiscal policies, and the success of financial and corporate...

An analysis of the failure of neoliberal market reforms in producing sustained growth in emerging markets. Focuses on problems with weak accountability institutions, and collusion between government and business, political patronage, and corruption - Provided by publisher

Rezension (ekz): Der amerikanische Wirtschaftswissenschaftler (Nobelpreis 2001) hat auch in Deutschland viel Anerkennung mit seinen beiden Büchern zur Globalisierung gefunden. Er war zeitweise Clinton-Berater und Weltbankchef. Er beschreibt Mitte 2009 die grosse Rezession 2008 mit ihren...