Currency Meltdown in Southeast Asia: Global Capital as the New 800 Pound Gorilla

Authors

  • Christopher Lingle

Abstract

The story of East Asian miracle economies now appears to have been one part illusion and another part momentary bingeing that involved massive mobilization of inputs that contributed to unsustainable growth spurts. Those who detected a new form of capitalism in Japan's development model or in that of its East Asian protégés will be disappointed to find that there is nothing new under even the rising sun.

Published

2005-11-22

Issue

Section

Articles