Week 5 – The Asian Financial Crisis

In this session we will explore international finance and financial crises with a specific focus on the 1997 crisis in Asia.

Lecture Prezi

Required Readings

Chapter 8 of O’Brien and Williams

Chapter 8 of Ravenhill

Joeseph Stiglitz, “The East Asia crisis”, Ch. 4 of Globalization and its Discontents, (New York: W.W. Norton, 2003), pp. 89-132.

Robert Wade, “The Asian crisis and the global economy”, Current History, Vol.97, No.622 (1998), pp.361-373.

Recommended Readings

Chapter 8 of Chang

Stephan Haggard and Andrew MacIntyre, “The political economy of the Asian economic crisis”, Review of International Political Economy, Vol.5, No.3, (1998), pp.381-92.

Greg Felker, “Southeast Asia and globalization” in e. Martinez Kuhonta, D. Slater and T. Vu (eds) Southeast Asia in Political Science: Theory, Region and Qualitative Analysis (Stanford University Press, 2008), pp. 274-301

Linda Weiss, “Guiding globalisation in East Asia: new roles for old developmental states”, Ch. 12 in States in the Global Economy: Bringing Domestic Institutions Back In (Cambridge University Press, 2003), pp. 245-270. UNSW s 337 258A 

Michael King, “Who triggered the Asian financial crisis?”, Review of International Political Economy, Vol.8, No.3 (2001), pp.438-466.

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