000 01792nam a2200217Ia 4500
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008 200208s9999 xx 000 0 und d
020 _a9788184503753
082 _a332.673 DEE
100 _aDeepti
245 0 _aForeign direct investment in different sectors of indian economy
260 _aNew Delhi
260 _bDeep & deep
260 _c2011
300 _a231 p.
365 _b9000
365 _dRS
520 _aThis book provides a sweeping, up-to-date, and boldly critical account of thefinancial crises that rocked East Asia and other parts of the world beginningwith the collapse of the Thai baht in 1997. Retracing the story of Asia's CrisisFive - Indonesia, Malaysia, South Korea, the Philippines, and Thailand - theauthor argues that the region's imprudently fast-paced opening to the free flowof capital was pushed by determined advocates, official and private, in theglobal economy's U.S.-led developed center. Turmoil ensued in these peripheraleconomies, the Russian ruble faltered, and Brazil was eventually hit. Theinequitable center-periphery relationship also extended to the policy measuresthat the crisis-swept economies implemented under International Monetary Fundbailouts, which intensified the downturns induced by the panic-driven outflowsof short-term capital. Financial Crisis, Contagion, And Containmentexamines crisis origin and resolution in a comparative perspective by combingempirical evidence from the most robust economies to the least. Engaging and nontechnical yet deeply insightful, this book appears at atime when the continuing turmoil in Argentina has revived policy debates foravoiding and addressing financial crises in emerging market economies.
650 _aEconomic reforms-India
942 _cB
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