
Banking Reform in Southeast Asia
The Region's Decisive Decade
Malcolm Cook(Author)
Routledge (Publisher)
1st Edition
Published on 13. May 2008
Book
Hardback
176 pages
978-0-415-41319-0 (ISBN)
Description
This book empirically examines banking reform in the economies of Southeast Asia as they sought to adapt to major developments in the global economic system over the past three decades, including the globalisation of finance, the debt crisis of the 1980s and the 1997-1998 Asian financial crisis. Focusing in particular on the turbulent decade of financial boom and bust from 1994 to 2004, it explores the ways in which states respond to powerful external shocks and the implications for policy choices, demonstrating how different political systems shape economic performance and policy choices. It sets out a detailed comparative analysis of the experiences of the five major regional economies, Malaysia, Singapore, Thailand, Indonesia and the Philippines, considering how banking reform responded to the challenges posed by global economic integration. The countries least affected by the crisis, Singapore and the Philippines, used the crisis effectively to further liberalise long-protected domestic banking sectors. The countries the most affected by the crisis, Indonesia, Thailand and Malaysia, all resisted external pressure to liberalise their protected banking sectors even when they experienced changes in leadership. In all five cases, the nature of the political system and their previous commitment to nationalist banking policies, more than the depth of the crisis or extent of foreign pressure, was the key determining factor in their crisis response and in the post-crisis changes to banking policy that are still playing out today.
More details
Series
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Illustrations
2 s/w Abbildungen, 2 s/w Zeichnungen, 16 s/w Tabellen
16 Tables, black and white; 2 Line drawings, black and white; 2 Illustrations, black and white
Dimensions
Height: 240 mm
Width: 161 mm
Thickness: 14 mm
Weight
438 gr
ISBN-13
978-0-415-41319-0 (9780415413190)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions

Book
04/2011
1st Edition
Routledge
€70.90
Shipment within 15-20 days

E-Book
05/2008
Routledge
€64.49
Available for download

E-Book
05/2008
Routledge
€64.49
Available for download
Person
Malcolm Cook is the Program Director East Asia at the Lowy Institute for International Policy in Sydney. Before that, Malcolm worked in the Philippines, South Korea and Japan and spent much time in Singapore and Malaysia. Before joining the Institute, Malcolm ran a consulting practice on Southeast Asian economic reform. His research interests focus on the political economy of North East and South East Asia; East Asian regionalism; and the impact of party and electoral systems on policy reform efforts.
Content
1. Introduction 2. Globalization Arrives 3. Indonesia 4. Thailand 5. Malaysia 6. The Philippines 7. Singapore 8. Globalization Mediated