Skip Navigation


Chinese Journal of International Law Advance Access originally published online on February 9, 2007
Chinese Journal of International Law 2007 6(1):135-155; doi:10.1093/chinesejil/jml062
This Article
Right arrow Full Text
Right arrow Full Text (PDF)
Right arrow All Versions of this Article:
6/1/135    most recent
jml062v1
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Alert me to new issues of the journal
Right arrow Add to My Personal Archive
Right arrow Download to citation manager
Right arrowRequest Permissions
Google Scholar
Right arrow Articles by Godecki, A.
Right arrow Search for Related Content
Social Bookmarking
Add to CiteULike   Add to Connotea   Add to Del.icio.us  
What's this?

© The Author 2007. Published by Oxford University Press. All rights reserved

DEVELOPMENTS & HISTORY

Human Security and Managing Financial Crises: Can Human Security Be Effectively Managed?

Anita Godecki*

Correspondence: * MA Candidate. The John C. Whitehead School of Diplomacy and International Relations, Seton Hall University (email: godeckan{at}shu.edu).

Could the negative human security effects during the 1997 Financial Crisis in East Asia have been mitigated? To shed light on this question, we examine the reasons for the onset of the financial crisis, the internal and external factors, and the International Monetary Find's (IMF's) involvement/conditionality and how this affected the economies at the micro and macro level. The emphasis here is on the micro level, i.e. individuals and businesses. Our main conclusion is that one definite policy mishap was that IMF loans were in part not available immediately when needed, and were focused on servicing debt payments. Because of this, some businesses with full order books were unable to find the necessary working credits that could have helped them pull through the crisis, which in turn led to unnecessary bankruptcies.


Add to CiteULike CiteULike   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us    What's this?




Disclaimer:
Please note that abstracts for content published before 1996 were created through digital scanning and may therefore not exactly replicate the text of the original print issues. All efforts have been made to ensure accuracy, but the Publisher will not be held responsible for any remaining inaccuracies. If you require any further clarification, please contact our Customer Services Department.