Publisher description for Business groups in east Asia : financial crisis, restructuring, and new growth / edited by Sea-Jin Chang.
Bibliographic record and links to related information available from the Library of Congress catalog
Information from electronic data provided by the publisher. May be incomplete or contain other coding.
The 1997 Asian Crisis principally affected Thailand, Indonesia, Malaysia, and Korea as well as other East Asian countries heavily dependent on intra-regional trade. Banks and other financial institutions quickly become insolvent, and heavily indebted industrial firms went bankrupt. Many of
these firms were affiliated with the business groups of this region, yet most groups did not immediately collapse, indeed they proved remarkably robust, some surviving and even prospering. This book examines these East Asian business groups and presents important up-to-date data on their subsequent
restructuring following the Asian Crisis.
Library of Congress subject headings for this publication:
Conglomerate corporations -- East Asia.
Financial crises -- East Asia.
East Asia -- Economic conditions -- 20th century.