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imf-bailout

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Journal Articles
Asian Survey. 2018; 58180–85 doi: https://doi.org/10.1525/as.2018.58.1.80
Published: 01 February 2018
...Uradyn E. Bulag In 2017 Mongolians elected a populist president who is more assertive than his predecessors amid initial uncertainties introduced by a $5.5 billion IMF bailout package. The country continued to be embroiled in a fight over the fate of the 49% private holdings in the Erdenet...
Journal Articles
Asian Survey. 2020; 601177–188 doi: https://doi.org/10.1525/as.2020.60.1.177
Published: 01 February 2020
... discord with China, and a relationship with India that plunged into con- flict. By contrast, false optimism and mismanagement may have exacer- bated a spiraling economic crisis, slowing recovery even after another IMF bailout. Disruptive political developments, meanwhile, continued to erode Pakistan s...
Journal Articles
Asian Survey. 2019; 5961116–1136 doi: https://doi.org/10.1525/as.2019.59.6.1116
Published: 01 December 2019
... are the source of most Pakistani rivers, are either stable or are growing.5 A 2015 study by the International Monetary Fund (IMF) counted Pakistan among the world s 36 most water-stressed countries.6 Besides availability and the supply demand gap, Pakistan loses a significant amount of water every...
Journal Articles
Asian Survey. 2019; 593407–428 doi: https://doi.org/10.1525/as.2019.59.3.407
Published: 01 June 2019
... were all evasive. 19 The Chinese mission in Islamabad has demanded that CPEC deals be kept secret while Pakistan negotiates arrangements for a bailout package with the IMF.20 Second, the Chinese money seems to be coming with steeper prices and conditions hardly favorable for a struggling economy like...
Journal Articles
Asian Survey. 2019; 59198–107 doi: https://doi.org/10.1525/as.2019.59.1.98
Published: 01 February 2019
... ECONOMY Khan came to power on the basis of unrealistic populist promises, such as providing 10 million jobs and five million units of public housing, even though Pakistan depends on external financing to keep its economy afloat. In fact, his government is in talks to seek an IMF bailout package to avert a...
Journal Articles
Asian Survey. 2019; 59110–20 doi: https://doi.org/10.1525/as.2019.59.1.10
Published: 01 February 2019
... Chinese infrastructure building, loans, investments, and port acquisitions around the world. The US opposed continued World Bank assistance of about $2 billion in loans annually to China despite its prominent economy. It also objected to any IMF bailout for Pakistan that would compensate China for its...
Journal Articles
Asian Survey. 2018; 584635–659 doi: https://doi.org/10.1525/as.2018.58.4.635
Published: 01 August 2018
... Monetary Fund (IMF) in late 1997.11 Both chaebols and the figure 1. Financial Structure, Selected High-Income Countries, 1975 2014 0 1 2 3 4 5 6 1975 1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 Germany Japan Korea United Kingdom United States OECD average...
Journal Articles
Asian Survey. 2018; 581120–126 doi: https://doi.org/10.1525/as.2018.58.1.120
Published: 01 February 2018
... government to secure a US$ 1.5 billion bailout from the IMF and US$ 2.4 billion from the Asian Development Bank. But GDP grew by 3.9% in the first half of 2017, and more growth is expected in the rest of the year and beyond. Although the drought and floods caused a 3.2% decline in agricultural products,4...
Journal Articles
Asian Survey. 2016; 565833–858 doi: https://doi.org/10.1525/as.2016.56.5.833
Published: 01 October 2016
... IMF bailout (Anwar s option). Since then, Malaysia has done well: 2014 GDP was US$ 312 billion, with midrange per-capita income of US$ 21,824 (2011 PPP), and the Human Development Index at a high 0.773 (2013). The Mahathir Anwar fallout, however, has had a lasting political effect: the nucleation...
Journal Articles
Asian Survey. 2016; 564651–675 doi: https://doi.org/10.1525/as.2016.56.4.651
Published: 01 August 2016
.... Some, like the Commercial Court, were imposed on Indonesia as a part of conditional loan agreements between Soeharto s financially distressed government and the International Monetary Fund (IMF) during the height of the Asian financial crisis (AFC) of 1997 98. Others, such as the Regional Senate and...
Journal Articles
Asian Survey. 2015; 554665–690 doi: https://doi.org/10.1525/as.2015.55.4.665
Published: 01 August 2015
..., for instance, have been challenged by the IMF bailout (1997), frequent economic crises, political scandals, and deteriorating inter-Korean relations, inter alia. The presidents pursued somewhat different economic and unification poli- cies, with varying degrees of success. From a comparative...
Journal Articles
Asian Survey. 2014; 545987–1008 doi: https://doi.org/10.1525/as.2014.54.5.987
Published: 01 October 2014
...Sawa Omori This research explains the politics of financial reforms in Indonesia by applying the theory of veto players. By comparing the periods during and after the International Monetary Fund (IMF) programs, I analyze temporal variations in the effects of the IMF and the number of veto players...
Journal Articles
Asian Survey. 2014; 545869–893 doi: https://doi.org/10.1525/as.2014.54.5.869
Published: 01 October 2014
... the International Monetary Fund (IMF), which raises U.S. capacity to set the agenda and to develop and enforce rules and conditions for crisis loans. More subtly, dollar dependency creates preference alignment by giving states disincentives to use their tools of power to challenge the existing rules...
Journal Articles
Asian Survey. 2014; 54130–38 doi: https://doi.org/10.1525/as.2014.54.1.30
Published: 01 February 2014
... same time, the slow-burning crisis in the Vietnamese economy provided the impetus for constitutional revision. Estimates from the Inter- national Monetary Fund (IMF) predicted GDP growth of 5.1% in 2013. While far away from Vietnam s post-Doi Moi (Renovation Policy) average of 7.3%, the number is...
Journal Articles
Asian Survey. 2012; 525822–844 doi: https://doi.org/10.1525/as.2012.52.5.822
Published: 01 October 2012
... s bailout. Even before the inauguration in 1998, DJ as president-elect had asked the National Assembly to amend a long list of economy-related laws by the end of 1997 in order to facilitate the IMF bailout.23 Pressured by his pro-chaebol pact partner and the conservative voices in Parliament and the...
Journal Articles
Asian Survey. 2011; 515926–952 doi: https://doi.org/10.1525/as.2011.51.5.926
Published: 01 October 2011
... generated renewed regional political interest in financial cooperation. The IMF led a major bailout effort, but recipients bitterly resented its conditions and delays in disbursement. A generation of Asian economic officials believed that the West had left them in the lurch, and sought to build stronger...
Journal Articles
Asian Survey. 2009; 493450–467 doi: https://doi.org/10.1525/as.2009.49.3.450
Published: 01 May 2009
... IMF s neoliberal bail- out programs. The IMF, along with Western countries such as the U.S., had asserted that the structural problems inherent in the Asian develop- ment model were the main cause of the crisis. Accordingly, IMF condi- tionality for bailout required strong economic restructuring on...
Journal Articles
Asian Survey. 2009; 492221–242 doi: https://doi.org/10.1525/as.2009.49.2.221
Published: 01 March 2009
... 1998, the economy shrank by 6.9% and the un- employment rate rose to almost 7%.13 Unable to service its foreign liabili- ties, Korea was forced to ask the IMF for assistance. It received a bailout package of up to $57 billion the biggest ever granted until then. The IMF tied its assistance to...
Journal Articles
Asian Survey. 2008; 485839–859 doi: https://doi.org/10.1525/AS.2008.48.5.839
Published: 01 October 2008
... compete with each other to attract FDI by providing tax breaks and other incentives. Inward FDI serves as a source of capital and technology. moreover, the operation of foreign companies can introduce market competition and efficiency into a highly regulated economy in developing countries.4 2. The ImF...
Journal Articles
Asian Survey. 2007; 476829–833 doi: https://doi.org/10.1525/as.2007.47.6.829
Published: 01 December 2007
... network. Yet, Malaysia s outspoken rejection from the IMF reform package and adoption of capital con- trols, selected business bailouts, and a dollar peg did not noticeably impede its economic recovery, largely thanks to an efficient multinational and ethnic Chi- nese industrial sector, according to Lee...