Globalization, politics, and financial turmoil: Asia's banking crisis

Globalization, Politics, and Financial Turmoil: Asia's Banking Crisis

Volumn , Issue , 2005, Pages 1-156

  Satyanath, Shanker ^a  

^a NEW YORK UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84922896673     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.1017/CBO9780511510373     Document Type: Book

References (255)

1. J.P. Morgan Asian Financial Markets, Second Quarter 1999, 38.
2. Abdollahian, M.A., J. Kugler, and H.L. Root. 2000. Economic Crisis and the Future of Oligarchy. In Institutional Reform and Democratic Consolidation in Korea, L. Diamond and D.C. Shin, Eds. Stanford, CA: Hoover Institution Press.
3. Abueva, J. 1997. Philippine Democratization and the Consolidation of Democracy Since the 1986 Revolution: An Overview of the Main Issues, Trends, and Prospects. In Democratization: Philippine Perspectives, F. Miranda, Ed. Dil-imoan, Quezon City: University of the Philippines Press.
4. Ammar, S. 1997. Can a Developing Country Manage its Macro Economy? The Case of Thailand. In Thailand's Boom and Bust, A. Siamwalla, Ed. Bangkok: Thai Development Research Institute.
5. Ammar, S. and S. Orapin. 1998. Responding to the Thai Crisis. Bangkok: United Nations Development Program.
6. Amsden, A. 1994. The World Bank's East Asian Miracle: Economic Growth and Public Policy. World Development 22:4, 615-670.
7. Anusorn, L. 2000. Thailand. In Political Party Systems and Democratic Development in East and Southeast Asia: Volume I, W. Sachsenroder and U.E. Frings. Aldershot, Hampshire, UK: Ashgate.
8. Ariff, M., M. Chang, A. Kadir, O. Ean, and E. Lae-Imm. 1998. Currency Turmoil, and the Malaysian Economy: Genesis, Prognosis, and Response. Kuala Lumpur: Malaysian Institute of Economic Research.
9. Arndt, H.W. 1997. The Rupiah Crisis: An Alternative View. Bulletin of Indonesian Economic Studies 33(3):53-56.
10. Asia Money Magazine. (www.asiamoney.com)
11. Asian Development Bank. 1999. Asian Development Outlook 1999. New York: Oxford University Press.
12. Athukorala, P.-C. 1998. Malaysia. In East Asia in Crisis: From Being a Miracle to Needing One?, R.H. McLeod and R. Garnaut, Eds. London: Routledge.
13. Austen-Smith, D. 1990. Information Transmission in Debate. American Journal of Political Science 34:124-52.
14. Austen-Smith, D. and W.H. Riker. 1987. Asymmetric Information and the Coherence of Legislation. American Political Science Review 81:897-918.
15. Backman, M. 1999. Asian Eclipse: Exposing the Dark Side of Business in Asia. Singapore: John Wiley & Sons.
16. Bangko Sentral ng Pilipinas. 1993. Republic Act No. 7653: The New Central Bank Act. Manila: Bangko Sentral ng Pilipinas.
17. Bangko Sentral ng Pilipinas.. 1997. Fifth Annual Report. Manila: Bangko Sentral ng Pilipinas.
18. Bangko Sentral ng Pilipinas.. 1998a. Sixth Annual Report. Manila: Bangko Sentral ng Pilipinas.
19. Bangko Sentral ng Pilipinas.. 1998b. The Philippines: Onward to Recovery. Manila: Bangko Sentralng Pilipinas
20. Bangko Sentral ng Pilipinas. 1998c. Key Economic Issues. Manila: Bangko Sentral ng Pilipinas.
21. Bangko Sentral ng Pilipinas. 1999a. BSP Measures Implemented to Address the Currency Crisis.Manila: Bangko Sentnal ng Pilipinas
22. Bangko Sentral ng Pilipinas. 1999b. Financial Sector Reforms in the Philippines 1981-1998. Manila:Bangko Sentral ng Pilipinas
23. Bangko Sentral ng Pilipinas. 1999c. The Philippines: Sustaining the Recovery. Manila: Bangko Sentnalng Pilipinas
24. Bank of Indonesia. 1996. Report for the Financial Year 1995/96. Jakarta: Bank Indonesia.
25. Bank of Indonesia. 1997. Report for the Financial Year 1996/97. Jakarta: Bank Indonesia.
26. Bank of Indonesia. 1998. 1997-1998 Annual Report. Jakarta: Bank of Indonesia.
27. Bank Negara Malaysia. 1996. Annual Report 1996. Kuala Lumpur: Bank Negara Malaysia.
28. Bank Negara Malaysia. 1997a. Annual Report 1997. Kuala Lumpur: Bank Negara Malaysia.
29. Bank Negara Malaysia. 1997b. Quarterly Bulletin: Third Quarter 1997. Kuala Lumpur: Bank Negara Malaysia
30. Bank Negara Malaysia. 1998a. Annual Report 1998. Kuala Lumpur: Bank Negara Malaysia.
31. Bank Negara Malaysia. 1998b. Quarterly Bulletin: First Quarter 1998. Kuala Lumpur: Bank Negara Malaysia
32. Bank Negara Malaysia. 1999. Annual Report 1999. Kuala Lumpur: Bank Negara Malaysia.
33. Bank of Thailand. 1992. 50 Years of the Bank of Thailand. Bangkok: Bank of Thailand.
34. Bank of Thailand. 1997. Annual Report 1997. Bangkok: Bank of Thailand.
35. Bank of Thailand. 1998a. Focus on the Thai Crisis. Bank of Thailand Economic Focus 2, no. 2. Economic Research Department. Bangkok: Bank of Thailand
36. Bank of Thailand. 1998b. Asset Price Inflation: Developments and Policy Issues. Bank of Thailand Economic Focus 2, no. 1. Economic Research Department. Bangkok: Bank of Thailand.
37. Banyong, P. and S. Supavud. 1997. How to Avoid the Fall of Thailand. Manuscript.
38. Barandarian, E. and T. Shu-ki. 1997. One Country, Two Currencies: Monetary Relations Between Hong Kong and China. In Hong Kong Under Chinese Rule: The Economic and Political Implications of Reversion, WI. Cohen and L. Zhao, Eds. New York: Cambridge University Press.
39. Beck, T., G. Clark, A. Groff, P. Keefer, and P. Walsh. 2001. New Tools in Comparative Political Economy: The Data Base of Political Institutions. (www.worldbank.org).
40. Beng-Huat, C. 2001. Arrested Development: Democratization in Singapore. In Singapore, G. Rodan, Ed. Sydney: Ashgate.
41. Berg, A. 1999. The Asian Crisis: Causes, Policy Responses, and Outcomes. IMF Working Paper. (http://imf.org/external/pubs/ft/wp/1999/wp99138.pdf).
42. Bhagwati, J. 1998. The Capital Myth. Foreign Affairs 77(3):7-12.
43. Bongini, P., S. Claeesens, and G. Ferri. 2001. The Political Economy of Distress in East Asian Financial Institutions. Journal of Financial Services Research 19(1):5-25.
44. Boylan, D. 2001. Defusing Democracy: Central Bank Autonomy and the Transition from Authoritarian Rule. Ann Arbor: University of Michigan Press.
45. Bresnan, J. 1993. Managing Indonesia: The Modern Political Economy. New York: Columbia University Press.
46. Bowring, P. 1997. Hong Kong as an International Commercial Center. In Hong Kong Under Chinese Rule: The Economic and Political Implications of Reversion, W.I. Cohen and L. Zhao, Eds. New York: Cambridge University Press.
47. Buckley, R. 1997. Hong Kong: The Road to 1997. New York: Cambridge University Press.
48. Bunbongkarn, S. 1996. Elections and Democratization in Thailand. In The Politics of Elections in Southeast Asia, R.H. Taylor, Ed. Cambridge: Cambridge University Press.
49. Burns, J.P. 1997. Civil Service Systems in Transition: Hong Kong, China, and 1997. In The Challenge of Hong Kong's Reintegration with China, M.K. Chan, Ed. Hong Kong: Hong Kong University Press.
50. Caprio, G. 1998. Banking on Crises: Expensive Lessons from Recent Financial Crises. Washington D.C.: World Bank (http://econ.worldbank.org/ docs/686.pdf)
51. Caprio, G. and P. Honohan. 1999. Restoring Banking Stability: Beyond Supervised Capital Requirements. Journal of Economic Perspectives 13(4):43-64.
52. Caprio, G. Jr. and D. Klingebiel. 1997. Bank Insolvency: Bad Luck, Bad Policy, or Bad Banking? Annual World Bank Conference on Development Economics 1996. Washington D.C.: The World Bank.
53. Chai-anan, S. 1997. Old Soldiers Never Die, They Are Just Bypassed: The Military, Bureaucracy, and Globalization. In Political Change in Thailand: Democracy and Participation, K. Hewison, Ed. London: Routledge.
54. Chang, H.-J. 1998. Korea: The Misunderstood Crisis. World Development 26(8): 1555-61.
55. Cheng, J.Y.S. Political Participation in Hong Kong: Trends in the 1990s. In Hong Kong Under Chinese Rule: The Economic and Political Implications of Reversion, W.I. Cohen and L. Zhao, Eds. New York: Cambridge University Press.
56. Cheng, Y.-S., W. Marn-Heong, and C. Findlay. 1998. Singapore and Hong Kong. In East Asia in Crisis: From Being a Miracle to Needing One? R.H. McLeod and R. Garnaut, Eds. New York: Routledge.
57. Cheung, A.B.L. 2002. Transformation of Hong Kong's Civil Service System. In Crisis and Transformation in China's Hong Kong, M.K. Chan and A.Y. So. Armonk, NY: M.E. Sharpe.
58. Choi, J.-W. 2002. Regulatory Forbearance and Financial Crisis in South Korea. Asian Survey, 42(2):251-275.
59. Christiansen, S., A. Siamwalla, and P. Vichayanond. 1997. Institutional and Political Bases of Growth Inducing Politics. In Thailand's Boom and Bust, A. Siamwalla, Ed. Bangkok: Thai Development Research Institute.
60. Chung-si, A. and H. Jaung. 1999. South Korea. In Democratic Governance and Economic Performance: East and South East Asia, I. Marsh, J. Blondel, and T. Inoguchi, Eds. Tokyo: U.N. Press.
61. Clifford, M. 1998. Troubled Tiger: Businessmen, Bureaucrats, and Generals in South Korea. Armonk, NY: M.E. Sharpe.
62. Cole, D.C. and B.F. Slade. 1996. Building a Modern Financial System. Cambridge: Cambridge University Press.
63. Cole, D.C. and B.F. Slade. 1998. Why Has Indonesia's Financial Crisis Been So Bad? Bulletin of Indonesian Economic Studies 34(2):61-66.
64. Corsetti, G., P. Pesenti, and N. Roubini. 1998. What Caused the Asian Currency and Financial Crisis? Part I: A Macroeconomic Overview (http://pages.stern.nyu.edu/~nroubini/asia/).
65. Cotton, J. 1993. Political Innovation in Singapore: The Presidency, the Leadership, and the Party. In Singapore Changes Guard, G. Rodan, Ed. Melbourne: Longman.
66. Cox, G. 1997. Making Votes Count: Strategic Coordination in the World's Electoral Systems. Cambridge: Cambridge University Press.
67. Crawford, V. and J. Sobel. 1982. Strategic Information Transmission. Economet-rica 50:1431-51.
68. Crouch, H. 1996. Government and Society in Malaysia. Singapore: Allen & Unwin.
69. Cukierman, A., S. Webb, and B. Neyapti. 1992. Measuring Central Bank Independence and its Effects on Economic Outcomes. The World Bank Economic Review 6(3):353-98.
70. de Dios, E.S. 1997. Economic Outcomes and Philippine Democratization. In Democratization: Philippine Perspectives, F. Miranda, Ed. Dilimoan, Quezon City: University of the Philippines Press.
71. de Dios, E.S.. 1998. Philippine Economic Growth: Can it Last? In The Philippines:
72. New Directions in Domestic Policy and Foreign Relations, D. Timberman, Ed. Singapore: Asia Society.
73. Delhaise, P.F. 1998. Asia in Crisis: The Implosion of the Banking and Finance Systems. Singapore: John Wiley & Sons.
74. De Lisle, J. and K.P. Lane. 1997. Cooking the Rice Without Cooking the Goose: The Rule of Law, the Battle Over Business, and the Quest for Prosperity in Hong Kong after 1997. In Hong Kong Under Chinese Rule: The Economic and Political Implications of Reversion, W.I. Cohen and L. Zhao, Eds. New York: Cambridge University Press.
75. Demirguc-Kunt, A. and E. Detragiache. 1997. The Determinants of Banking Crises (http://econ.worldbank.org/docs/472.pdf).
76. Dewatripont, M. and J. Tirole. 1994. The Prudential Regulation of Banks. Cambridge, MA: MIT Press.
77. Dimbleby, J. 1998. The Last Governor: Chris Patten and the Handover of Hong Kong. New York: Warner, Little Brown.
78. Doner, R. and D. Unger. 1993. The Politics of Finance in Thai Economic Development. In The Politics of Finance in Developing Countries, S. Haggard, C. Lee, and S. Maxfield, Eds. Ithaca, NY: Cornell University Press.
79. Eichengreen, B. 1998. Capital Controls: Capital Idea or Capital Folly? (http:// emlab.berkeley.edu/users/eichengr/capcontrols.pdf).
80. Eichengreen, B.. 1999. Toward a New International Financial Architecture. Washington, D.C.: Institute for International Economics
81. Enright, M.J., E.E. Scott, and D. Dodwell. 1997. The Hong Kong Advantage. New York: Oxford University Press.
82. Evans, P. 1995. Embedded Autonomy: States and Industrial Transformation. Princeton, NJ: Princeton University Press.
83. Fischer, S. 1999. On the Need for an International Lender of Last Resort. Journal of Economic Perspectives 13(4):85-104.
84. Flowerdew, J. 1998. The Final Years of British Hong Kong. New York: Macmillan.
85. Folkerts-Landau, D. and C.J. Lindgren. 1998. Toward a Framework for Financial Stability. Washington, D.C.: International Monetary Fund.
86. Frieden, J. 1994. Invested Interests: The Politics of National Economic Policies in a World of Global Finance. International Organization 45(4).
87. Furman, J. and J.E. Stiglitz. 1998. Economic Crises: Evidence and Insights from East Asia. Paper prepared for the Brookings Panel on Economic Activity, Sept. 3-4.
88. Gibbons, R. 1992. Game Theory for Applied Economists. Princeton, NJ: Princeton University Press.
89. Gilligan, T.W. and K. Krehbiel. 1987. Collective Decision Making and Standing Committees: An Informational Rationale for Restrictive Amendment Procedures. Journal of Law, Economics and Organization 3:287-335.
90. Gilligan, T.W. and K. Krehbiel. 1989. Asymmetric Information and Legislative Rules with a Heterogenous Committee. American Journal of Political Science 33:459-90.
91. Gochoco-Bautista, M.S. 2000. The Past Performance of the Philippine Banking Sector and Challenges in the Postcrisis Period. Manila: Asian Development Bank.
92. Goldstein, M. 1997. The Case for an International Banking Standard. Washington, D.C.: Institute for International Economics.
93. Goldstein, M. 1998. The Asian Financial Crisis: Causes, Cures, and Systemic Implications. Washington, D.C.: Institute for International Economics.
94. Gomez, E.T. 1991. Money Politics In the Barisan Nasional. Selangor, Malaysia: Forum Publications.
95. Gomez, E.T.. 1994. Political Business: Corporate Involvement of Malaysian Political Parties. Townsville, Australia: Centre for South-East Asian Studies.
96. Gomez, E.T.. 1999. Malaysia. In Democracy, Governance and Economic Performance:East and Southeast Asia, I. March, J. Blondel, and T. Inoguchi, Eds. Tokyo: United Nations University Press.
97. Gomez, E.T. 2000. Malaysia. In Political Party Systems and Democratic Governance in East and South East Asia, W. Sachsenroeder and U. Frings, Eds. Brookfield, VT: Ashgate.in East and South East Asia, W. Sachsenroeder and U. Frings, Eds. Brookfield, VT: Ashgate
98. Gomez, E.T. and K.S. Jomo. 1997. Malaysia's Political Economy. Cambridge: Cambridge University Press.
99. Government of Malaysia. 1999. Status of the Malaysian Economy. Kuala Lumpur: Government of Malaysia.
100. Haggard, S. 1990. The Political Economy of the Philippine Debt Crisis. In Economic Crisis and Policy Choice: The Politics of Adjustment in the Third World, J.M. Nelson, Ed. Princeton, NJ: Princeton University Press.
101. Haggard, S.. 2000. The Political Economy of the Asian Financial Crisis. Washington, D.C.: Institute for International Economics.
102. Haggard, S. and R.R. Kaufman. 1992. Institutions and Economic Adjustment. In The Politics of Economic Adjustment, S. Haggard and R.R. Kaufman, Eds. Princeton, NJ: Princeton University Press.
103. Haggard, S. and R.R. Kaufman. 1995. The Political Economy of Democratic Transitions. Princeton, NJ:Princeton University Press.
104. Haggard, S. and A. MacIntyre. 2000. The Political Economy of the Asian Financial Crisis: Korea and Thailand Compared. In The Asian Financial Crisis and the Architecture of Global Finance, G.W. Noble and J. Ravenhill, Eds. New York: Cambridge University Press, pp. 1-35.
105. Hahm, J.-H. and F.S. Mishkin. 2000. Causes of the Korean Financial Crisis: Lessons for Policy. Manuscript.
106. Hamilton-Hart, N. 2000. Indonesia: Reforming the Institutions of Financial Governance. In The Asian Financial Crisis and the Architecture of Global Finance, G. Noble and J. Ravenhill, Eds. New York: Cambridge University Press.
107. Hamilton-Hart, N. 2002. Asian States, Asian Bankers: Central Banking in South East Asia.Ithaca, NY: Cornell University Press.
108. Handley, P. 1997. More of the Same? Politics and Business, 1987-1996. In Political Change in Thailand: Democracy and Participation, K. Hewison, Ed. London: Routledge.
109. Heller, W.B., P. Keefer, and M.D. McCubbins. 1998. Political Structure and Economic Liberalization: Conditions and Cases from the Developing World. In The Origins of Liberty: Political and Economic Liberalization in the Modern World, P.W. Drake and M.D. McCubbins, Eds. Princeton, NJ: Princeton University Press.
110. Henderson, C. 1998. Asia Falling?: Making Sense of the Asian Currency Crisis and its Aftermath. Singapore: McGraw-Hill.
111. Heo, U. and S. Kim. 2000. Financial Crisis in South Korea: Failure of the Government Led Development Paradigm. Asian Survey 40(3):492-507.
112. Hicken, A. 1999. Political Parties and Linkage: Strategic Coordination in Thailand. Based on a paper prepared for delivery at the 1999 Annual Meeting of the American Political Science Association, Sept. 2-5.
113. Hicken, A. 2001. Parties, Policy and Patronage: Governance and Growth in Thailand.In Corruption: The Boom and Bust of East Asia, J.E.L. Campos, Ed. Manila: Ateneo de Manila Press.
114. Huang, Y. 1997. The Economic and Political Integration of Hong Kong: Implications for Business Government Relations. In Hong Kong Under Chinese Rule: The Economic and Political Implications of Reversion, WI. Cohen and L. Zhao. New York: Cambridge University Press.
115. Huff, W.G. 1997. The Economic Growth of Singapore: Trade and Development in the Twentieth Century. New York: Cambridge University Press.
116. Hutchcroft, P.D. 1998a. Booty Capitalism: The Politics of Banking in the Philippines. Ithaca, NY: Cornell University Press.
117. Hutchcroft, P.D. 1998b. Sustaining Economic and Political Reform: The Challenges Ahead.In The Philippines: New Directions in Domestic Policy and Foreign Relations, D. Timberman, Ed. Singapore: Asia Society.
118. Hutchcroft, P.D. 1999. Neither Dynamo nor Domino: Reforms and Crises in the Philippine Political Economy. In The Politics of the Asian Economic Crisis, T.J. Pempel, Ed. Ithaca, NY: Cornell University Press.
119. Intal, P.S. and G.M. Llanto. 1998. Financial Reform and Development in the Philippines, 1980-1997: Imperatives, Performance and Challenges. Manila: Philippine Institute for Development Studies.
120. Intal, P., M. Milo, C. Reyes and L. Basilio. 1998. The Philippines. In East Asia in Crisis: From Being a Miracle to Needing One? R.H. McLeod and R. Garnaut, Eds. London: Routledge.
121. International Monetary Fund. 1998. World Economic Outlook (www.imf.org).
122. Jaung, H. 2000. Electoral Politics and Political Parties. In Institutional Reform and Democratic Consolidation in Korea, L. Diamond and D.C. Shin. Stanford, CA: Hoover Institution Press.
123. Jayasuriya, K. 2000. Authoritarian Liberalism, Governance and the Emergence of the Regulatory State in Post-Crisis East Asia. In Politics and Markets in the Wake of the Asian Crisis, R. Robinson, M. Beeson, K. Jayasuriya, and H.-R. Kim, Eds. London: Routledge.
124. Johnston, R.B. 1991. Distressed Financial Institutions in Thailand: Structural Weaknesses, Support Operations, and Consequences. In Banking Crises: Cases and Issues, V. Sundararajan and T. Balino, Eds. Washington, D.C: International Monetary Fund.
125. Johnston, R.B., Swinburne, M., Kyei, A., Laurens, B., Mitchem, D. Otker, I., Sosa, S., and Tamarisa, N. 1999. Exchange Rate Arrangements and Currency Convertibility: Development and Issues. Washington, D.C.: International Monetary Fund.
126. Jomo, K.S. 1996. Elections' Janus Face: Limitations and Potential in Malaysia. In The Politics of Elections in Southeast Asia, R.H. Taylor, Ed. Cambridge: Wilson and Cambridge.
127. K.S.Jomo. 1998. Malaysia: From Miracle to Debacle. In Tigers in Trouble, K.S.Jomo, Ed. New York: Zed Books.
128. Kaminsky, G.L. and C.M. Reinhart. 1998. The Twin Crises: The Causes of Banking and Balance-of-Payments Problems. Manuscript.
129. Kang, D. 2002. Money, Politics and the Development State in Korea. International Organization 56(1):177-208.
130. Keefer, P. 2001. Banking Crises and the Effect of Political Checks and Balances on Interest Group Influence (http://econ.worldbank.org/files/1402_ wps2543.pdf).
131. Keefer, P. and D. Stasavage. 2003. The Limits of Delegation: Veto Players, Central Bank Independence, and the Credibility of Monetary Policy. American Political Science Review 47(3):389-403.
132. Kim, B.-K. 2000a. Electoral Politics and Economic Crisis, 1997-1998. In Consolidating Democracy in South Korea, L. Diamond and B.-K. Kim, Eds. Boulder, CO: Lynne Rienner.
133. Kim, B.-K. 2000b. Party Politics in South Korea's Democracy: The Crisis of Success.In Consolidating Democracy in South Korea, L. Diamond and B.-K. Kim, Eds. Boulder, CO: Lynne Rienner.
134. Kim, B.-K. 2000. Reforming the Chaebols. In Institutional Reform and Democratic Consolidation in Korea, L. Diamond and D.C. Shin, Eds. Stanford, CA: Hoover Institution Press.
135. Kim, Y.-H. 1998. Korea. In Political Party Systems and Democratic Development in East and Southeast Asia, Vol. II, W. Sachsenroder and U.E. Frings, Eds. Aldershot, Hampshire, UK: Ashgate.
136. King, D. 1999. Thailand. In Democracy, Governance and EconomicPerformance: East and Southeast Asia, I. March, J. Blondel, and T. Inoguchi, Eds. Tokyo: United Nations University Press.
137. Kirk, D. 1999. Korean Crisis: Unraveling of the Miracle in the IMF Era. New York: Palgrave.
138. Krugman, P. 1994. The Myth of Asia's Miracle. Foreign Affairs 73(6):62-78.
139. Krugman, P. 1998a. Currency Crises (http://web.mit.edu/krugman/www/crises.html).
140. Krugman, P. 1998b. The Confidence Game. The New Republic 219(14):23-25.
141. Krugman, P. 1998c. What Happened to Asia? (http://web.mit.edu/krugman/www/DISINTER.html).
142. Kunio, Y. 1994. The Nation and Economic Growth: The Philippines and Thailand. New York: Oxford University Press.
143. Lamberte, M.B. 1999. Currency Crisis: Where Do We Go from Here? Manila: Philippine Institute for Development Studies.
144. Lamberte, M.B. and J.T. Tap. 1999. Scenarios for Economic Recovery: The Philippines. Manila: Philippine Institute for Development Studies.
145. Lauridsen, L.S. 1998. Thailand: Causes, Conduct, Consequences. In Tigers in Trouble: Financial Governance, Liberalisation and Crises in East Asia, K. S. Jomo Hong Kong: Hong Kong University Press.
146. Lee, Y.J. 2000. The Rise and Fall of Kim Young Sam's Embedded Reformism. In Institutional Reform and Democratic Consolidation in Korea, L. Diamond and D.C. Shin, Eds. Stanford, CA: Hoover Institution Press.
147. Leones, E. and M. Moraleda. 2000. Philippines. In Political Party Systems and Democratic Development in East and Southeast Asia: Volume I, W. Sachsenroder and U.E. Frings, Eds. Aldershot, Hampshire, UK: Ashgate.
148. Leung, E. 2000. Bank Deposit Insurance System in the Philippines (www.pdic.gov.ph).
149. Li, R. 2003. Banking Problems: Hong Kong's Experience in the 1980s (http://www.bis.org/publ/plcy06d.pdf).
150. Lim, L. 1999. Free Market Fancies: Hong Kong, Singapore, and the Asian Financial Crisis. In The Politics of the Asian Economic Crisis, T.J. Pempel, Ed. Ithaca, NY: Cornell University Press.
151. Lindblad, J.T. 1997. Survey of Recent Developments. Bulletin of Indonesian Economic Studies 33(3):3-34.
152. Looi, T.G. 1987. Occasional Paper No. 3: Banking Regulation and Supervision in Malaysia. Dissertation, University College of North Wales, Bangor.
153. MacIntyre, A. 1999a. Indonesia. In Democracy, Governance and Economic Performance: East and Southeast Asia, I. March, J. Blondel, and T. Inoguchi, Eds. Tokyo: United Nations University Press.
154. MacIntyre, A. 1999b. Political Institutions and the Economic Crisis in Thailand and Indonesia. In The Politics of the Asian Economic Crisis, T.J. Pempel, Ed. Ithaca, NY: Cornell University Press.
155. MacIntyre, A. 2001. The Politics of the Economic Crisis in Southeast Asia. International Organization 55(1):81-122.
156. MacIntyre, A. 2002. The Power of Institutions. Ithaca, NY: Cornell Univesity Press.
157. Maxfield, S. 1997. Gatekeepers of Growth: The International Political Economy of Central Banking in Developing Countries. Princeton, NJ: Princeton University Press.
158. McCargo, D. 1997. Thailand's Political Parties: Real, Authentic and Actual. In Political Change in Thailand: Democracy and Participation, K. Hewison, Ed. London: Routledge.
159. McCubbins, M. 1991. Party Governance and US Budget Deficits: Divided Government and Fiscal Stalemate. In Politics and Economics in the Eighties, A. Alesina and G. Carliner, Eds. Chicago: University of Chicago Press.
160. McKinnon, R.I. and H. Pill. 1996. Credible Liberalizations and International Capital Flows: The “Overborrowing Syndrome”. In Financial Deregulation and Integration in East Asia, T. Ito and A.O. Krueger, Eds. Chicago: University of Chicago Press.
161. McKinnon, R.I. and H. Pill 1997. Credible Economic Liberalizations and Overborrowing. The American Economic Review 87(2):189-93.
162. McKinnon, R.I. and H. Pill 1998. Indonesia. In East Asia in Crisis: From Being a Miracle to Needing One?, R.H. McLeod and R. Garnaut, Eds. London: Routledge.
163. Milne, R.S. and D.K. Mauzy. 1999. Malaysian Politics under Mahathir. London: Routledge.
164. Merill Lynch Co. 1998. Banking Sector Report. Hong Kong: Merill Lynch.
165. Milner, H. 1997. Interests, Institutions, and Information. Princeton, NJ: Princeton University Press.
166. Mingsarn, K.-A. 1998. Economic Development and Institutional Failures in Thailand. TDRI Quarterly Review (March).
167. Miranda, F.B. 1996a. Understanding Financial Crises: A Developing Country Per-spective. In Annual World Bank Conference on Development Economics 1996, M. Bruno and B. Pleskovic, Eds. Washington, D.C: World Bank, pp. 29-62.
168. Miranda, F.B. 1996b. Asymmetric Information and Financial Crises: A Developing Country Perspective. Paper presented at IMF Research Department Seminar, March 27.
169. Miranda, F.B. 1997. Political Economy in a Democratizing Philippines: A People's Perspective. In Democratization: Philippine Perspectives, F. B. Miranda, Ed. Dilimoan, Quezon City: University of the Philippines Press.
170. Miranda, F.B. 1999. Global Financial Instability: Framework, Events, Issues. Journal of Economic Perspectives 13(4):2-20.
171. Monetary Authority of Singapore. 1998. Annual Report (1997/98). Singapore: Monetary Authority of Singapore.
172. Montes, M.J. 1999. The Philippines as an Unwitting Participant in the Asian Economic Crisis. In Asian Contagion: The Causes and Consequences of a Financial Crisis, K.D. Jackson, Ed. Boulder, CO: Westview.
173. Moon, C.-I. and S.-M. Kim. 2000. Democracy and Economic Performance in South Korea. In Consolidating Democracy in South Korea, L. Diamond and B.-K. Kim, Eds. Boulder, CO: Lynne Rienner.
174. Moon, C.-I. and S.-M. Kim 2001. The Politics of Economic Rise and Decline in South Korea. In Understanding Korean Politics, S.H. Kil and C.-I. Moon. Albany: State University of New York Press.
175. Mutalib, H. 1997. Singapore's First Elected Presidency: The Electoral Motivations. In Managing Political Change in Singapore: The Elected Presidency, K. Tan and L.P. Er, Eds. New York: Routledge.
176. Noble, G.W. and J. Ravenhill. 2001. Causes and Consequences of the Asian Financial Crisis. In The Asian Financial Crisis and the Architecture of Global Finance, G.W. Noble and J. Ravenhill, Eds. New York: Cambridge University Press, pp. 1-35.
177. North, D.C. and B.R. Weingast. 1991. The Evolution of Institutions Governing Public Choice in Seventeenth Century England. Journal of Economic History 49:803-32.
178. Nukul Commission Report. 1998. Bangkok: The Nation.
179. Obstfeld, M. 1994. The Logic of Currency Crises. Cahier Economique et Mone-taire 43:189-213.
180. Obstfeld, M. 1996. Models of Currency Crises With Self Fulfilling Features. European Economic Review 40:1037-47.
181. Obstfeld, M. 1998. The Global Capital Market: Benefactor or Menace? Journal of Economic Perspectives 12(4):9-30.
182. Oh, J.K.C. 1999. Korean Politics. Ithaca, NY: Cornell University Press.
183. Park, C.-W. 2000. Legislative-Executive Relations and Legislative Reform. In Institutional Reform and Democratic Consolidation in Korea, L. Diamond and D.C. Shin, Eds. Stanford, CA: Hoover Institution Press.
184. Park, Y.C. 1998. Financial Liberalization and Opening in East Asia: Issues and Policy Challenges. Seoul: Korea Institute of Finance.
185. Pasuk, P. and C. Baker. 1995. Thailand's Economy and Politics. Bangkok: Oxford University Press.
186. Pasuk, P. and C. Baker 1997. Power in Transition: Thailand in the 1990s. In Political Change in
187. Pasuk, P. and C. Baker Thailand: Democracy and Participation, K. Hewison, Ed. London: Routledge.
188. Pasuk, P. and C. Baker 1998. Thailand's Boom and Bust. Chiang Mai: Silkworm Books.
189. Radelet, S. and J. Sachs. 1998. The Onset of the East Asian Financial Crisis (http://pages.stern.nyu.edu/~nroubini/asia/).
190. Reisen, H. 1998. Domestic Causes of Currency Crises: Policy Lessons for Crisis Avoidance. Technical Paper No. 136. Paris: Organization for Economic Cooperation and Development.
191. Rodan, G. 1989. The Political Economy of Singapore's Industrialization. Kuala Lumpur: McMillan Press.
192. Rodan, G. 2001. Singapore: Globalization and the Politics of Economic Restructuring. In The Political Economy of South-East Asia: Conflicts, Crises, and Change, P.B. Kenon, Ed. New York: Oxford University Press.
193. Rodrik, D. 1998a. Symposium on Globalization in Perspective: An Introduction. Journal of Economic Perspectives 12(4):3-6.
194. Rodrik, D. 1998b. Who Needs Capital-Account Convertibility? In Should the IMF Pursue Capital-Account Convertibility? Essays in International Finance No. 207, P.B. Kenon, Ed. Princeton, NJ: Princeton University Press.
195. Rogoff, K. 1999. International Institutions for Reducing Global Financial Instability. Journal of Economic Perspectives 13(4):21-42.
196. Rose-Ackerman, S. 1999. Corruption and Government: Causes, Consequences, and Reform. New York: Cambridge University Press.
197. Roubini, Nouriel and Jeffrey Sachs. 1989. Government Spending and Budget Deficits in the Industrial Democracies. Working Paper 2919. National Bureau of Economic Research, Cambridge, MA.
198. Schwarz, A. 1994. A Nation in Waiting: Indonesia in the 1990s. St. Leonards, NSW, Australia: Allen & Unwin.
199. Sheng, A. 1996. Malaysia's Bank Restructuring, 1985-1988. In Bank Restructuring: Lessons from the 1980's, A. Sheng, Ed. Washington, D.C.: The World Bank.
200. Smith, H. 1998. Korea. In East Asia in Crisis: From Being a Miracle to Needing One?, R.H. McLeod and R. Garnaut, Eds. London: Routledge.
201. So, A.Y. 1997. Contested Democracy. In The Challenge of Hong Kong's Reintegration with China, M.K. Chan, Ed. Hong Kong: Hong Kong University Press.
202. Soesastro, H. and M.C. Basri. 1998. Survey of Recent Developments. Bulletin of Indonesian Economic Studies 34(1):3-54.
203. Stiglitz, J. 1998a. Bad Private Sector Decisions. Wall Street Journal, Feb. 4.
204. Stiglitz J. Sound Finance and Sustainable Development in Asia address to the Asia Development Forum, Manilla, Philippines, March 12,1998.
205. Teik, K.B. 1995. The Paradoxes of Mahathirism. New York: Oxford University Press.
206. Tesoro, J.M. 1999. Not a Pretty Picture. Asiaweek 25(18): 57-60.
207. Thillainathan, R. 1998. The Current Malaysian Banking & Debt Crisis and the Way Forward. Expanded version of a paper delivered at ADB/World Bank Senior Policy Seminar, Manilla, Philippines, March 10.
208. Thompson, M.R. 1995. The Anti-Marcos Struggle. New Haven, CT: Yale University Press.
209. Tsebelis, G. 1995. Veto Players and Law Production in Parliamentary Democracies. In Parliaments and Majority Rule in Western Europe, H. Doring, Ed. New York: St. Martin's Press.
210. Tsebelis, G. 2002. Veto Players: How Political Institutions Work. Princeton, NJ: Princeton University Press.
211. Tsebelis, G. United States Embassy in Singapore. 1998. Singapore Banking Industry Report (www.usembassysingapore.org.sg/ep/1998/bank.98.html).
212. Vajragupta, Y. and P. Vichayanond. 1998. Thailand's Financial Evolution and the 1997 Crisis. Bangkok: Thailand Development Research Institute Foundation.
213. Velasco, R. 1997. Does the Philippine Congress Promote Democracy? In Democratization: Philippine Perspectives, F.B. Miranda, Ed. Dilimoan, Quezon City: University of the Philippines Press.
214. Velasco, R. 1999. The Philippines. In Democracy, Governance and Economic
215. Velasco, R. Performance: East and Southeast Asia, I. March, J. Blondel, and T. Inoguchi, Eds. Tokyo: United Nations University Press.
216. Wade, R. and F. Veneroso. 1998. The Asian Crisis: The High Debt Model Versus the Wall Street-Treasury-IMF Complex. New Left Review 228:3-23.
217. Walsh, C.E. 1998. Monetary Theory and Policy. Cambridge, MA: MIT Press.
218. Warr, P.G. 1998. Thailand. In East Asia in Crisis: From Being a Miracle to Needing One?, edited by R.H. McLeod and R. Garnaut. London: Routledge.
219. Weder, B. 1999. Model, Myth, or Miracle? Tokyo: United Nations University Press.
220. Winters, J. 1996. Power in Motion: Capital Mobility and the Indonesian State. Ithaca, NY: Cornell University Press.
221. Winters, J. World Bank. 1993. The East Asian Miracle. New York: Oxford University Press.
222. Young, A. 1994. Lessons from the East Asian NICs: A Contrarian View. European Economic Review 38(3):964-73.
223. Yue, C.S. 1999. The Asian Financial Crisis: Singapore's Experience and Response. In South East Asia's Economic Crisis: Origins, Lessons, and the Way Forward, H.W. Arndt and H. Hill, Eds. Singapore: Institute of South East Asian Studies.
224. Ammar, Siamwalla. Thai Development Research Institute. Bangkok, Thailand. June 21, 1999.
225. Ariff, Mohamed. Executive Director, Malaysia Institute of Economic Research. Kuala Lumpur, Malaysia. June 9, 1999.
226. Canlas, Dante. Professor, University of the Philippines School of Economics. Manila, Philippines. May 31, 1999.
227. Effendi, Reno. Economist, Danareksa. Jakarta, Indonesia. June 16, 1998.
228. Ghosh, Ranjit. Vice President, Citibank. Bangkok, Thailand. June 30, 1999.
229. Guinigundo, Diwa. Director, Department of Economic Research, Bangko Sentral ng Pilipinas. Manila, Philippines. May 25, 1999.
230. Hong, Choi Siew. Chairman, Pacific Bank. Kuala Lumpur, Malaysia. June 17, 1999.
231. Hong, Choi Siew IMF Interviews. (Three officials: Not for attribution.) May 13-15, 1998.
232. Jomo, Kwame Sundaram. Professor, University of Malaysia. Kuala Lumpur, Malaysia. June 17, 1999.
233. Lamberte, Mario. Officer-in-Charge, Philippine Institute for Development Studies. Manila, Philippines. May 25, 1999.
234. Lamberte, Mario. Officer-in-Charge, Philippine Institute for Development Studies. Manila, Philippines. E-mail communication. May 25, 2000.
235. Leung, Ernest. President, Philippine Deposit Insurance Corporation. Manila, Philippines. June 3, 1999.
236. Lin, Che Wei. Research Department (Banking). Socgen-Crosby Research Ltd. Jakarta, Indonesia. June 15, 1998.
237. Lirio, Riccardo. Managing Director, Bangko Sentral ng Pilipinas. Manila, Philippines. May 31, 1999.
238. Malhotra, Kamal. Director, Focus on the Global South. Bangkok, Thailand. July 1, 1999.
239. Moghadem Reza. Representative, International Monetary Fund. Bangkok, Thailand. June 10, 1998.
240. Paderanga, Cayetano. Member of the Monetary Board, Bangko Sentral ng Pilipinas. Manila, Philippines. E-mail communication. September 7, 1999.
241. Paderanga, Cayetano. Member of the Monetary Board, Bangko Sentral ng Pilipinas. Manila, Philippines. E-mail communication. March 21, 2000.
242. Pietersz, Sriyan. Executive Director, Head of Research, Socgen-Crosby Research Ltd. Bangkok, Thailand. June 11, 1998.
243. Rajandram, D. Chairman, Rating Agency Malaysia. Kuala Lumpur, Malaysia. May 25, 1998.
244. Rajandram, D. Chairman, Rating Agency Malaysia. Kuala Lumpur, Malaysia. June 15, 1999.
245. Ravalo, Johnny Noe. Chief Economist. Bankers Association of the Philippines. Manila, Philippines. June 2, 1999.
246. Ravalo, Johnny Noe. Chief Economist. Bankers Association of the Philippines.
247. Manila, Philippines. E-mail communication. June 15, 2000.
248. Ravalo, Johnny Noe. Chief Economist. Bankers Association of the Philippines.
249. Manila, Philippines. E-mail communication. June 18, 2000.
250. Rustia, Andres. Managing Director, Bangko Sentral ng Pilipinas. Manila, Philippines. May 24, 1999.
251. Supavud, Saicheua. Executive Vice President, Merrill Lynch Phatra Securities Company Ltd. Bangkok, Thailand. June 30, 1999.
252. Thillainathan, R. President, Malaysian Economic Association. Kuala Lumpur, Malaysia. May 25, 1998.
253. Valedepenas, Dr. Vicente. Member of the Monetary Board, Bangko Sentral ng Pilipinas. Manila, Philippines. May 24, 1999
254. Vichayanond, Dr. Pakorn. Research Director (Financial Markets), Thai Development Research Institute. Bangkok, Thailand. June 21, 1999.
255. Waiquamdee, Dr. Atchana. Director Economic Research Department, Bank of Thailand. Bangkok, Thailand. June 29, 1999.