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An Integral Approach to the Asian 'Crisis': The (Dis) Articulation of the Production and Financial (Dis-)Orders.

Authors :
Sum, Ngai-Ling
Source :
Capital & Class. Summer2001, Vol. 25 Issue 2, p141-166. 26p. 7 Charts.
Publication Year :
2001

Abstract

This paper critiques Los work on the Asian Crisis (see Spring 1999 issue of Capital & Class) and offers a regulationist alternative. This suggests there was a certain structural coherence between the production and financial forms in the post-Plaza period and that this productive-financial configuration was prone to crises of overproduction-underconsumption, overborrowing, and exchange weaknesses. This vulnerability was exacerbated by specific conjunctural developments that disrupted the previous coherence. The resulting disarticulation has had differential effects on economies in the region. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
03098168
Volume :
25
Issue :
2
Database :
Academic Search Index
Journal :
Capital & Class
Publication Type :
Academic Journal
Accession number :
4827063
Full Text :
https://doi.org/10.1177/030981680107400107