(no subject)

The Asian Financial Crisis: Causes, Contagion and Consequences. Cambridge University Press, 1999.

http://catdir.loc.gov/catdir/samples/cam031/00697974.pdf

At the root of the problem were weak and poorly supervised financial sectors against the backdrop of large capital inflows. Equally, inadequate corporate governance and lack of transparency masked the poor quality and riskiness of investments. p.13