Cover of Michael Lim Mah Hui, Lim Chin: Nowhere to Hide

Michael Lim Mah Hui, Lim Chin Nowhere to Hide

The Great Financial Crisis and Challenges for Asia

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Institute of Southeast Asian Studies









Economic & financial crises & disasters


This book takes a multi-disciplinary approach to the great financial crisis of 2007-09. It combines the disciplines of economics, finance, sociology and politics to analyse the causes, consequences and challenges of the crisis. The authors propose that the causes of the crisis should be understood at three inter-related levels - the level of theory and ideology; the level of financial industry practices and malpractices; and finally the level of structural imbalances in the international economy. Above all, the book is historical and holistic in perspective. This book is an excellent read for the critical layman interested in understanding the causes that underlie the global financial crisis. The authors combine the inquisitive and critical mind of a scholar and the lucid writing style of a journalist.

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