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| 13013. CORPORATE & POLITICAL STRUCTURE & THE ASIAN ECONOMIC CRISIS. Using World Bank president James Wolfensohn's recent comment that the Asian economic crisis revealed that "political, financial and corporate structures were not well suited to cope with the demands of an increasingly globalized economy" as a stimulus for discussion and analysis, this report takes a retrospective and look at the Asian economic crisis. Following an overview of the crisis (its chronology and central features), the analysis considers in greater detail the causes of the crisis and the relative contribution to the crisis made by the factors cited by Wolfensohn and other analysts. The concluding section looks at the prospects for recovery in the troubled Asian economies, and considers the political, corporate, cultural, and economic transformations which must be completed in order to achieve a renewal of the "Asian miracle." 22 pages, 43 footnotes, 29 bibliographic sources. |
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