Cover; Half-title; Title; Copyright; Dedication; Contents; Figures and Tables; Preface; Globalization, Politics, and Financial Turmoil: Asia's Banking Crisis; 1 Introduction; 2 Bank Regulation; 3 The Signaling Argument; 4 Incredible Signaling in Democracies: The Cases of Thailand, South Korea, and the Philippines; 5 Unorthodox Solutions to the Signaling Problem: The Cases of Malaysia and Indonesia; 6 Orthodox Solutions to the Signaling Problem: The Cases of Singapore and Hong Kong; 7 Some Concluding Remarks; Appendix I The World Bank's Evaluation of Bank Regulatory Environments
Summary
It focuses on the role of miscommunication in the financial crises of developing nations. By examining the determinants of Asia's financial crisis of 1997-98, it demonstrates why developing democracies are vulnerable to breakdowns in communication and outlines the disastrous consequences of such breakdowns
Bibliography
Includes bibliographical references (pages 141-152) and index