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Author: | Celarier, M. |
Title: | Too many risks, too few rewards |
Journal: | Euromoney
1998 : SEP, 9, p. 71-72, 76, 78, 80 |
Index terms: | FREE TRADE MARKETS RISK CAPITALISM |
Language: | eng |
Abstract: | For a system that supposedly conquered the world in 1990, free-market capitalism does not look so good any more. After Thailand, Korea, Indonesia, Mexico and Russia, which of capitalism's self-appointed disciples will stumble next ? And who is to blame ? The track record has embarrassed all but hard-liners into thinking that there might be a Third Way btw. free capital flows with floating exchange rates and the dirigiste controls of the 1960s. |
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