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This book focuses on the economic collapse of 1997, and the effect on the status of East Asia as an economic power. Noman looks at how currency depreciations, personal and state indebtedness, mass unemployment and rioting brought the paternalistic capitalist phase to an end in Asia, and analyzes Asia's complex recovery and future challenges.

Produktbeschreibung
This book focuses on the economic collapse of 1997, and the effect on the status of East Asia as an economic power. Noman looks at how currency depreciations, personal and state indebtedness, mass unemployment and rioting brought the paternalistic capitalist phase to an end in Asia, and analyzes Asia's complex recovery and future challenges.


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Autorenporträt
Omar Noman is Head of the United Nations Development Programme Regional Center in Sri Lanka and was previously the Deputy Director of the Human Development Report Office (HDRO). Prior to working at the HDRO, where some of the key ideas for this book were developed, he taught at Oxford University, UK. With a mix of analytical skills and pragmatic policy experience gained in official missions to nearly 100 countries, he has written books on economics, political change and the environment.