LEADER 03475nam 2200601 a 450 001 9910780906403321 005 20230721005535.0 010 $a1-282-44287-2 010 $a9786612442872 010 $a981-4273-79-1 035 $a(CKB)2550000000003010 035 $a(EBL)477094 035 $a(OCoLC)588987308 035 $a(SSID)ssj0000336641 035 $a(PQKBManifestationID)11234070 035 $a(PQKBTitleCode)TC0000336641 035 $a(PQKBWorkID)10282298 035 $a(PQKB)11775680 035 $a(MiAaPQ)EBC477094 035 $a(WSP)00000488 035 $a(Au-PeEL)EBL477094 035 $a(CaPaEBR)ebr10361677 035 $a(CaONFJC)MIL244287 035 $a(EXLCZ)992550000000003010 100 $a20090327d2009 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aDestructive creativity of Wall St. and the East Asian response$b[electronic resource] /$fMichael Heng Siam-Heng, Lim Tai Wei 210 $aSingapore ;$aHackensack, NJ $cWorld Scientific$dc2009 215 $a1 online resource (267 p.) 300 $aDescription based upon print version of record. 311 $a981-4273-78-3 320 $aIncludes bibliographical references (p. 227-247) and index. 327 $aIntroduction -- Potted history of banking and finance -- In the shadow of depression? -- Financial engineering, or what can go wrong will -- Financial architecture, 1 -- Financial architecture, 2 -- Reforming the IMF : from fire fighting to fire prevention -- Regulation and deregulation -- Back to basics -- Counter-cyclical measures -- Some deeper issues -- The 1997 Asian financial crisis -- Ten years after the Asian financial crisis : positive lessons learned -- Ten years after the Asian financial crisis : negative lessons learned -- Deconstructing the state-led model -- Reforming the state-led model -- The global financial crisis 2008 -- Impact and immediate response to the crisis in East Asia -- Coordinating with the region and the world -- ASEAN economic regionalism : a regional financial architecture in the making? -- Forming an economic community -- A shift in power center? -- What now? -- Coping with challenges. 330 $aThe current financial crisis provides a valuable occasion for the world to re-examine the grand statements of wisdom which dominate the financial world for a long time. The impact is extremely serious as a result of the convergence of a number of factors such as huge current account deficits of the United States, globalization, deregulation, loose monetary policy, and excessive liquidity. This book seeks to address the critical issues in deregulation, derivatives, leveraging, remuneration systems, and rating agencies. This book will also examine Asia's response and why Asian economies have bee 517 3 $aDestructive creativity of Wall Street and the East Asian response 606 $aFinancial crises$zEast Asia$xHistory$y20th century 606 $aFinancial crises$xHistory$y21st century 615 0$aFinancial crises$xHistory 615 0$aFinancial crises$xHistory 676 $a330.95/0429 700 $aHeng$b Michael S. H.$f1948-$01494102 701 $aLim$b Tai-Wei$0999995 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910780906403321 996 $aDestructive creativity of Wall St. and the East Asian response$93717433 997 $aUNINA