A group of researchers at GAI embarked on a multidisciplinary study of financial crises, in particular, the Asian crisis of 1997 and the more recent global financial crisis of 2008. Looking at financial crises not as one crisis, but as a combination of crises beginning with a crisis of confidence, this study examines the backward and forward linkages of turmoil in the financial system to political regimes and institutions, culture and tradition, the role of media, society and societal evolution, and development processes of regulatory regimes.

Through contributions by authors in fields ranging from sociology and political science, media and Islamic banking, to law and regulation, this study adopts a broad framework for understanding financial crises, and sheds light on the interwoven and complex structures and often overlooked aspects which contribute to the holistic understanding of this topic.

An authors’ workshop was held on 10 December 2010 in NUS which brought together several authors and commentators. The project will culminate in the publication of an edited volume with contents listed as follows.
Chapter 1 Introduction
Professor K E Seetharam
Director of Global Asia Institute
Chapter 2 The Two Crises: A Few Reflections
Professor Charles Adams, Visiting Professor
Lee Kuan Yew School of Public Policy,
National University of Singapore
Chapter 3 Financial Crises: A Broad Historical Sketch
Ms Divya Ramchand
Research Associate at the Global Asia Institute,
National University of Singapore
Chapter 4 A Political Science Perspective
Professor Mark Beeson
Winthrop Professor of Political Science and International Studies, University of Western Australia   
Chapter 5 Sociological Interpretations
Professor Kurtulus Gemici
Assistant Professor of Sociology,
National University of Singapore
Chapter 6 Legal Framework and its Efficacy
Professor Stanley Siegel
Profesor of Law, New York University
Chapter 7 Islamic Banking: What Can We Learn?
Professor Tarek Coury
Assistant Professor of Public Policy,
Dubai School of Government
Chapter 8 Media's Role in Shaping Public's Perceptions
Professor Thomas Oberlechner
Department Head of Psychology Faculty,
Webster University
Chapter 9 Role of International Monetary Fund, World Bank and Asian Development Bank in Tackling Financial Crises in Asia
Dr Sanja Pattnayak
Research Fellow at the Global Asia Institute

Dr Alka Chadha
Instructor at the Business School,
National University of Singapore
Chapter 10 Regulatory Framework: The Winning/Losing Architecture
Professor Hans Tjio
Professor of Law, National University of Singapore

Professor Lan Luh Luh
Associate Professor in Business School and Law School, National University of Singapore
Chapter 11 Concluding Notes, Missing Links and Unaddressed Issues
Professor Bhanoji Rao, Visiting Professor
Lee Kuan Yew School of Public Policy, 
National University of Singapore
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