The Political Economy of Distress in East Asian Financial Institutions /

In the East Asian crisis, connections - with industrial groups or influential families - increased the probability of distress for financial institutions. Connections also made closure more, not less, likely, suggesting that the closure processes themselves were transparent. But larger institutions,...

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Bibliographic Details
Main Author: Ferri, Giovanni
Other Authors: Bongini, Paola, Claessens, Stijn
Format: Book
Language:English
Published: Washington, D.C., The World Bank, 2000
Series:Policy research working papers
World Bank e-Library
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