(Hardback)

Offers an account of the financial crises that rocked East Asia and other parts of the world, beginning with the collapse of the Thai baht in 1997. This book argues that East Asia's opening to the free flow of capital was pushed by advocates, official and private, in the global economy's U.S.-led developed center.

(Paperback)

This book provides a sweeping, up-to-date, and boldly critical account of the financial crises that rocked East Asia and other parts of the world beginning with the collapse of the Thai baht in 1997. Retracing the story of Asia's "Crisis Five"--Indonesia, Malaysia, South Korea, the Philippines, and Thailand--Padma Desai argues that the region's imp