The Political Economy of Distress in East Asian Financial Institutions

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  • The Political Economy of Distress in East Asian Financial Institutions Book Detail

  • Author : Paola Bongini
  • Release Date : 2000
  • Publisher : World Bank Publications
  • Genre : Balance Sheet
  • Pages : 28
  • ISBN 13 :
  • File Size : 47,47 MB

The Political Economy of Distress in East Asian Financial Institutions by Paola Bongini PDF Summary

Book Description: "In the East Asian crisis, "connections" - with industrial groups or influential families - increased the probability of distress for financial institutions. Connections also made closure more, not less, likely, suggesting that the closure processes themselves were transparent. But larger institutions, although more likely to be distressed, were less likely to be closed, suggesting a "too big to fail" policy"--Cover.

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Two Crises, Different Outcomes

Two Crises, Different Outcomes

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Two Crises, Different Outcomes examines East Asian policy reactions to the two major crises of the last fifteen years: the global financial crisis of 2008–9 a