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Synopsis
To demonstrate how economic and financial liberalization can help the well-being of peoples of poor nations, Ariff (finance, Monash U., Melbourne) and Khalid (economics and finance, Bond U., Australia) document and analyze the myriad liberalization steps undertaken in eight Asian countries, identifying potential lessons for other countries pondering how to improve the human conditions in the newer and increasingly globalizing world of the 21st century. In 2000, they published a similar work on 13 Asian countries over a 35-year span ending in 1998, and here narrow their focus to eight of those in order to bring the story forward another five years. Among their examples are China as a command economy responding well to market signals for a long while now, liberalization in Indonesia amidst exchange rate and now growing political stability, and continual reforms to maintain financial center status in Singapore. Annotation ©2005 Book News, Inc., Portland, OR (booknews.com)
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About the Author
Mohamed Ariff, Professor of Finance and Head of Finance, Monash University, Australia and Ahmed M. Khalid, Associate Professor of Economics and Finance, Bond University, Australia and Visiting Faculty, Lahore University of Management Sciences (LUMS), Pakistan
Review
`The book is well written and documented. It has assembled a large quantity of valuable data and provides objective and cogent analyses. . . the book is a significant contribution to Asian economic studies.' -- Chu-yuan Cheng, Comparative Economic Studies `. . . a potentially valuable resource for a geographic approach to the study of economic growth and development in Asia.' -- S.J. Gabriel, Choice
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- PublisherEdward Elgar Publishing
- Publication date2005
- ISBN 10 1843761823
- ISBN 13 9781843761822
- BindingHardcover
- Number of pages424
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