Miracle to Meltdown in Asia by Norman Flynn

Miracle to Meltdown in Asia by Norman Flynn

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Summary

The crisis in Asia has caused economic hardship and brought an end to the "economic miracle" of fast economic growth in the region. This book asks whether the 1997/8 crisis marks a break with the past and signals an end to "Asian" ways of running economies.

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Miracle to Meltdown in Asia by Norman Flynn

The crisis in Asia has caused economic hardship and brought an end to the 'economic miracle' of fast economic growth in the region. This book asks whether the 1997/8 crisis marks a break with the past and signals an end to 'Asian' ways of running economies. During the period of rapid growth there were strong connections between governments and business in the region. 'Cronyism', or close connections between family, business, and government, was exposed when the stock markets and currencies dived. Pressure from overseas investors and international organizations has produced reforms in the region. The book examines the social, economic, and political modes of governance in the region. It finds that there is a shifting balance between rule by the market, rule by connections, and rule by force. In the sphere of economic management, it shows that the period of the 'developmental state' in Japan and Korea has come to an end, but that it has not yet been replaced by a liberal market. Elsewhere the close connections between governments and business have been weakened but not yet broken. There are still special 'Asian' characteristics in economic management and in politics. The forces of 'Globalization' are strong, but they are confronted with political and economic cultures that are not rooted in liberal market ethics.
Flynn, Norman: - Norman Flynn was the Director of the Centre for Financial and Management Studies, SOAS, University of London. He was previously been Chair Professor of Public Sector Management at City University of Hong Kong and held academic posts at London School of Economics, London Business School and the University of Birmingham.

He has written about public sector management in the United Kingdom, Europe and Asia, public sector reform in developing countries and about the relationship between business government and society in Asia. Recent books include Public Sector Reform: An Introduction (European Commission); Public Sector Management (Sage, London); The Market and Social Policy in China (edited with Linda Wong) (Palgrave Macmillan); Miracle to Meltdown in Asia: Business, Government and Society (Oxford University Press) (last two both translated in Chinese), and (with Franz Strehl) Public Sector Management in Europe (Pearson). Further publications are listed on his website: www.normanflynn.me.uk

He has training experience in Slovenia, China, Kenya, South Africa, the United Kingdom, Ukraine, Georgia, Sweden, Norway, Finland and Scotland.

SKU Unavailable
ISBN 13 9780198295532
ISBN 10 0198295537
Title Miracle to Meltdown in Asia
Author Norman Flynn
Condition Unavailable
Binding Type Paperback
Publisher Oxford University Press
Year published 1999-12-01
Number of pages 180
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.