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Book review: Financial crisis and institutional change in East Asia

Perna, Pierpaolo (2012) Book review: Financial crisis and institutional change in East Asia. LSE Review of Books (06 Nov 2012). Website.

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Abstract

In the aftermath of the Asian financial crisis of 1997, many expected the affected countries to reform and restructure their financial systems and become more market-driven. There was an expectation that Asian economies would retrench state influence in the market and converge onto a liberal market model. This book investigates the evolution of the financial systems of Korea, Malaysia, and Thailand since 1997. Pierpaolo Perna is impressed by the book’s ability to draw a parallel between the East Asian experience and the financial crisis still affecting a large segment of the Western world today.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/lsereviewofbooks/
Additional Information: © 2012 The Author
Divisions: LSE
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HG Finance
Date Deposited: 05 Jun 2013 12:50
Last Modified: 15 Sep 2023 18:38
URI: http://eprints.lse.ac.uk/id/eprint/50593

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