Can I read Business Groups in East Asia: Financial Crisis, Restructuring, and New Growth (Hardback) on EtoBox?

Business Groups in East Asia: Financial Crisis, Restructuring, and New Growth (Hardback) by Sea-Jin Chang is a nonfiction available to read on EtoBox.

What is Business Groups in East Asia: Financial Crisis, Restructuring, and New Growth (Hardback) about?

## Abstract The 1997 Asian financial crisis principally affected Thailand, Indonesia, Malaysia, and Korea, as well as other East Asian countries heavily dependent on intra-regional trade. Banks and other financial institutions quickly became insolvent, and heavily indebted industrial firms went bankrupt. Many of these firms were affiliated with the business groups of this region, yet most groups did not immediately collapse, indeed they proved remarkably robust, some surviving and even prospering. This book examines these East Asian business groups and their subsequent restructuring following the Asian Crisis. East Asian nations embarked on very different trajectories in response to this common external shock. The Asian Crisis affected the inter-relationships among the socio-cultural environment, the state, and the market of each country quite differently and had distinct effects on the operations of these countries’ business groups. This slow yet divergent pattern of development counters globalization theorists’ arguments about rapid global convergence. Yet East Asian business groups face an uncertain future. The influence of foreign investors has increased substantially since the

Who reads Business Groups in East Asia: Financial Crisis, Restructuring, and New Growth (Hardback)?

Author

Sea-Jin Chang

Publisher

Oxford University PressOxford

Published

2006

Language

EN

ISBN

9780199287345

Category

nonfiction

Subjects

Business, Economics, Finance