Financial Crisis and Institutional Change in East Asia

Author(s): Jikon Lai
Publisher: Palgrave Macmillan
ISBN: 9780230360631
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Description

Description

In light of the Asian financial crisis of 1997, Lai examines whether East Asian economies converged onto the liberal market model by studying the evolution of the financial sectors of Korea, Malaysia and Thailand. This includes sectoral diversification, the nature of competition, and the regulatory and supervisory frameworks.