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99 Problems (But A Crisis Ain’t One) Political Business and External Vulnerability in Island Southeast Asia
https://doi.org/10.18884/00000646
https://doi.org/10.18884/00000646a1775435-d363-4e0f-aa23-a40090bbf9e1
名前 / ファイル | ライセンス | アクション |
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Item type | 報告書 / Research Paper(1) | |||||
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公開日 | 2012-03-30 | |||||
タイトル | ||||||
タイトル | 99 Problems (But A Crisis Ain’t One) Political Business and External Vulnerability in Island Southeast Asia | |||||
言語 | ||||||
言語 | eng | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | financial crisis | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | vulnerability | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | political business relation | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | investor beliefs | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | Southeast | |||||
資源タイプ | ||||||
資源タイプ識別子 | http://purl.org/coar/resource_type/c_18ws | |||||
資源タイプ | research report | |||||
ID登録 | ||||||
ID登録 | 10.18884/00000646 | |||||
ID登録タイプ | JaLC | |||||
報告年度 | ||||||
日付 | 2012-03-30 | |||||
日付タイプ | Issued | |||||
著者 |
Pepinsky, Thomas B.
× Pepinsky, Thomas B. |
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抄録 | ||||||
内容記述タイプ | Abstract | |||||
内容記述 | This paper examines how political business relations have shaped country vulnerability to financial crises during periods of international financial contagion. While close relations between political and business elites in island Southeast Asia deepened vulnerability during the Asian Financial Crisis, the same does not hold during the global crisis of 2008-09—neither the countries where political business relations have changed (Indonesia) nor the countries where they are the same (Malaysia, the Philippines, and Singapore) have experienced a true economic or financial crisis. Instead, for island Southeast Asia this crisis is merely a trade and investment shock, and a relatively minor one at that. A comparison of the crises of 1997-98 and the non-crises of 2008-09 shows that political business relations only affect external vulnerability insofar as they interact with economic policy settings, regulatory regimes, and the beliefs of investors. | |||||
号 | ||||||
号 | Working Paper;43 |