Through the lens of the Asian Financial Crisis, this book documents how international organizations and national governments crafted legal responses, through corporate bankruptcy reforms, to the fragility of financial markets in East Asia and worldwide.
"Halliday and Carruthers explain how global organizations such as The World Bank and the UN developed international laws for corporate bankruptcy after the Asian Financial Crisis, and how policymakers have responded to these changes. Written for policymakers and economists for developing economies and international organizations, this volume examines how these institutions developed global standards and norms, and how countries such as Indonesia, Korea and China reacted."
