Nowhere to Hide : : The Great Financial Crisis and Challenges for Asia / / Michael Lim Mah-Hui, Lim Chin.
This book takes a multi-disciplinary approach to the great financial crisis of 2007-09. It combines the disciplines of economics, finance, sociology and politics to analyse the causes, consequences and challenges of the crisis. The authors propose that the causes of the crisis should be understood a...
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Superior document: | Title is part of eBook package: De Gruyter Asian Studies Backlist (2000-2014) eBook Package |
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Place / Publishing House: | Singapore : : ISEAS Publishing, , [2010] ©2010 |
Year of Publication: | 2010 |
Language: | English |
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Physical Description: | 1 online resource (200 p.) |
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Lim Mah-Hui, Michael, author. aut http://id.loc.gov/vocabulary/relators/aut Nowhere to Hide : The Great Financial Crisis and Challenges for Asia / Michael Lim Mah-Hui, Lim Chin. Singapore : ISEAS Publishing, [2010] ©2010 1 online resource (200 p.) text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Frontmatter -- Contents -- Foreword -- Preface -- Notes -- 1. The Power and Pitfalls of Theory -- 2. Financial Innovations and Industry Practices -- 3. The Financial Industry Dominates Again -- 4. Structural Changes and Three Macroeconomic Imbalances -- 5. Impact on Asia and Challenges Ahead -- 6. The Three Contested Terrains -- Bibliography -- Index -- About the Authors restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star This book takes a multi-disciplinary approach to the great financial crisis of 2007-09. It combines the disciplines of economics, finance, sociology and politics to analyse the causes, consequences and challenges of the crisis. The authors propose that the causes of the crisis should be understood at three inter-related levels - the level of theory and ideology; the level of financial industry practices and malpractices; and finally the level of structural imbalances in the international economy. Above all, the book is historical and holistic in perspective. This book is an excellent read for the critical layman interested in understanding the causes that underlie the global financial crisis. The authors combine the inquisitive and critical mind of a scholar and the lucid writing style of a journalist. The book provides a perspective on the crisis that is both practical and down to earth and at the same time, rigorous and holistic. Khor Hoe Ee, Chief Economist, Abu Dhabi Council for Economic Development, and former Assistant Managing Director, Economics, Monetary Authority of Singapore The authors trace the rise of finance and its domination over the real economy, the consequences of financial innovation and deregulation for systemic fragility, and the failure of conventional economic and financial theory to analyse and anticipate the consequent dangers. Their main original contribution is to relate these Western market developments to recent trends in the East Asian region and to call for appropriate systemic reforms, not only to avoid similar future crises, but also to address other underlying development and analytical problems. K.S. Jomo, Assistant Secretary General, Department of Economic and Social Affairs, United Nations In linking wealth and income distribution to financial instability, this book makes an important point that is often missed in the debate on the crisis. Central Banks have become strongly opposed to the idea of accommodating wage demands with the help of monetary easing, but they have been increasingly tolerant, or even supportive, of debt-financed consumption and asset inflation. Indeed, by serving to concentrate wealth further in the hands of a small rentier class, while protecting that class from the risks of debt defaults, they are only adding to systemic pressures that give rise to serious financial crises. Yilmaz Akyuz, Special Economic Advisor, South Centre, and former Chief Economist at United Nations Conference for Trade and Development Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 01. Dez 2022) Financial crises Government policy Asia. Financial crises Asia. Financial crises--Asia. Financial crises--Government policy--Asia. Global Financial Crisis, 2008-2009. BUSINESS & ECONOMICS / Economic Conditions. bisacsh Chin, Lim, author. aut http://id.loc.gov/vocabulary/relators/aut Mah-Hui, Michael Lim, contributor. ctb https://id.loc.gov/vocabulary/relators/ctb Reddy, Yaga Venugopal, contributor. ctb https://id.loc.gov/vocabulary/relators/ctb Title is part of eBook package: De Gruyter Asian Studies Backlist (2000-2014) eBook Package 9783110649772 Title is part of eBook package: De Gruyter ISEAS Backlist eBook-Package 2000-2013 9783111024707 Title is part of eBook package: De Gruyter ISEAS Backlist eBook-Package 2000-2015 9783110663006 Title is part of eBook package: De Gruyter ISEAS eBook Package Backlist 2000-2014 9783110606683 print 9789814279734 https://doi.org/10.1355/9789814279741 https://www.degruyter.com/isbn/9789814279741 Cover https://www.degruyter.com/document/cover/isbn/9789814279741/original |
language |
English |
format |
eBook |
author |
Lim Mah-Hui, Michael, Lim Mah-Hui, Michael, Chin, Lim, |
spellingShingle |
Lim Mah-Hui, Michael, Lim Mah-Hui, Michael, Chin, Lim, Nowhere to Hide : The Great Financial Crisis and Challenges for Asia / Frontmatter -- Contents -- Foreword -- Preface -- Notes -- 1. The Power and Pitfalls of Theory -- 2. Financial Innovations and Industry Practices -- 3. The Financial Industry Dominates Again -- 4. Structural Changes and Three Macroeconomic Imbalances -- 5. Impact on Asia and Challenges Ahead -- 6. The Three Contested Terrains -- Bibliography -- Index -- About the Authors |
author_facet |
Lim Mah-Hui, Michael, Lim Mah-Hui, Michael, Chin, Lim, Chin, Lim, Chin, Lim, Mah-Hui, Michael Lim, Mah-Hui, Michael Lim, Reddy, Yaga Venugopal, Reddy, Yaga Venugopal, |
author_variant |
m h m l mhm mhml m h m l mhm mhml l c lc |
author_role |
VerfasserIn VerfasserIn VerfasserIn |
author2 |
Chin, Lim, Chin, Lim, Mah-Hui, Michael Lim, Mah-Hui, Michael Lim, Reddy, Yaga Venugopal, Reddy, Yaga Venugopal, |
author2_variant |
l c lc m l m h mlm mlmh m l m h mlm mlmh y v r yv yvr y v r yv yvr |
author2_role |
VerfasserIn VerfasserIn MitwirkendeR MitwirkendeR MitwirkendeR MitwirkendeR |
author_sort |
Lim Mah-Hui, Michael, |
title |
Nowhere to Hide : The Great Financial Crisis and Challenges for Asia / |
title_sub |
The Great Financial Crisis and Challenges for Asia / |
title_full |
Nowhere to Hide : The Great Financial Crisis and Challenges for Asia / Michael Lim Mah-Hui, Lim Chin. |
title_fullStr |
Nowhere to Hide : The Great Financial Crisis and Challenges for Asia / Michael Lim Mah-Hui, Lim Chin. |
title_full_unstemmed |
Nowhere to Hide : The Great Financial Crisis and Challenges for Asia / Michael Lim Mah-Hui, Lim Chin. |
title_auth |
Nowhere to Hide : The Great Financial Crisis and Challenges for Asia / |
title_alt |
Frontmatter -- Contents -- Foreword -- Preface -- Notes -- 1. The Power and Pitfalls of Theory -- 2. Financial Innovations and Industry Practices -- 3. The Financial Industry Dominates Again -- 4. Structural Changes and Three Macroeconomic Imbalances -- 5. Impact on Asia and Challenges Ahead -- 6. The Three Contested Terrains -- Bibliography -- Index -- About the Authors |
title_new |
Nowhere to Hide : |
title_sort |
nowhere to hide : the great financial crisis and challenges for asia / |
publisher |
ISEAS Publishing, |
publishDate |
2010 |
physical |
1 online resource (200 p.) |
contents |
Frontmatter -- Contents -- Foreword -- Preface -- Notes -- 1. The Power and Pitfalls of Theory -- 2. Financial Innovations and Industry Practices -- 3. The Financial Industry Dominates Again -- 4. Structural Changes and Three Macroeconomic Imbalances -- 5. Impact on Asia and Challenges Ahead -- 6. The Three Contested Terrains -- Bibliography -- Index -- About the Authors |
isbn |
9789814279741 9783110649772 9783111024707 9783110663006 9783110606683 9789814279734 |
callnumber-first |
H - Social Science |
callnumber-subject |
HB - Economic Theory and Demography |
callnumber-label |
HB3717 2008 |
callnumber-sort |
HB 43717 42008 L56 42010 |
geographic_facet |
Asia. |
url |
https://doi.org/10.1355/9789814279741 https://www.degruyter.com/isbn/9789814279741 https://www.degruyter.com/document/cover/isbn/9789814279741/original |
illustrated |
Not Illustrated |
doi_str_mv |
10.1355/9789814279741 |
oclc_num |
1041994628 |
work_keys_str_mv |
AT limmahhuimichael nowheretohidethegreatfinancialcrisisandchallengesforasia AT chinlim nowheretohidethegreatfinancialcrisisandchallengesforasia AT mahhuimichaellim nowheretohidethegreatfinancialcrisisandchallengesforasia AT reddyyagavenugopal nowheretohidethegreatfinancialcrisisandchallengesforasia |
status_str |
n |
ids_txt_mv |
(DE-B1597)492459 (OCoLC)1041994628 |
carrierType_str_mv |
cr |
hierarchy_parent_title |
Title is part of eBook package: De Gruyter Asian Studies Backlist (2000-2014) eBook Package Title is part of eBook package: De Gruyter ISEAS Backlist eBook-Package 2000-2013 Title is part of eBook package: De Gruyter ISEAS Backlist eBook-Package 2000-2015 Title is part of eBook package: De Gruyter ISEAS eBook Package Backlist 2000-2014 |
is_hierarchy_title |
Nowhere to Hide : The Great Financial Crisis and Challenges for Asia / |
container_title |
Title is part of eBook package: De Gruyter Asian Studies Backlist (2000-2014) eBook Package |
author2_original_writing_str_mv |
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fullrecord |
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