Explores Henry Thoreau’s rationale for living simply and his emphasis on
spirituality and sensuality via transcendentalist and Eastern philosophy.
Analysis his own relationship with both capitalism and asceticism and his
complicated mix of spiritualism and materialism. Finally looks at his
posthumously published manuscript – Wild Fruits – and discusses its status
as a potential blueprint for collective thrift.
This introduction presents an overview of the key concepts discussed in the subsequent chapters of this book. The book presents the case studies of the individual countries: Thailand, Indonesia, South Korea and the People's Republic of China (PRC). It examines the factors behind the financial crisis and highlights the underlying similarities and the fundamental differences between the individual cases. The book provides a review of the competing perspectives on the new international financial architecture. It explains a number of fundamental issues and its implications for the emerging market economies. The book also presents a more nuanced picture of the International Monetary Fund's (IMF) policies and its socioeconomic impact. It assesses the IMF's efforts to reduce moral hazard. The book also examines the reasons behind Asia's remarkable economic recovery and the challenges that lie ahead.