Ravich, Samantha Fay
Description
As the East Asian financial crisis continues to leave a path of destruction economically and politically in its wake, people all over the world seek t
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o know what went wrong. Many blame the illiberal markets of the countries involved, and many blame their political leadership. This book explores how strong, open, liberalized markets create a counterbalance to crony capitalism and corruption and form the basis for a foundation of political liberalization. Using both a quantitative model and qualitative country studies, this work analyzes the experiences of China, Taiwan, Indonesia, and Korea in moving toward both marketization and democracy.
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