Miracle to Meltdown in Asia: Business, Government, and Society [Hardcover]

Norman Flynn (Author)

Book Description

ISBN-10: 0198295529 | ISBN-13: 978-0198295525 | Publication Date: February 3, 2000

The crisis in Asia has caused economic hardship and brought an end to the 'economic miracle' of fast economic growth in the region. This book asks whether the 1997/8 crisis marks a break with the past and signals an end to 'Asian' ways of running economies. The book examines the social, economic, and political modes of governance in the region and finds a shifting balance between rule by the market, rule by connections, and rule by force.

Editorial Reviews

About the Author

Norman Flynn is currently Research Fellow at the London School of Economics. He was formerly Professor of Public Management at the City University of Hong Kong. He has consulting experience in China, Hong Kong, Sweden, Denmark, Norway, Bosnia, Bolivia, and Slovenia.

Product Details

• Hardcover: 184 pages
• Publisher: Oxford University Press, USA (February 3, 2000)
• Language: English
• ISBN-10: 0198295529
• ISBN-13: 978-0198295525
• Product Dimensions: 9.5 x 6.4 x 0.6 inches
• Shipping Weight: 15.8 ounces (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #10,488,530 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

5.0 out of 5 stars Highly Recommended!, April 17, 2001

By 

Rolf Dobelli "getAbstract" (Switzerland) - See all my reviews
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This review is from: Miracle to Meltdown in Asia: Business, Government, and Society (Hardcover)

Norman Flynn summarizes many arguments and viewpoints about Asia's 1997-1998 financial crisis. Flynn, who thoroughly documents his information with examples, charts and graphs, lays out the key pre-crisis weaknesses in the Asian economies. Then, he examines ways that "expressive" personal relationships, especially among the élites, define much of Asia's economic and political activity. He examines shifts in society, as globalization and supranational institutions (read IMF) move power from governments and élites to the markets. Flynn leans away from drawing conclusions - he prefers to present various points of view - but when he does state a conclusive opinion, he is persuasive. The book is packed with useful information, despite being short, very dense, and rather academic. We [...] recommend this excellent book to anyone with a serious interest in investing or doing business in Asia.