... economic crisis has created a space for the opinion that there are more than the traditional two economic policy agendas available to governments.24 A third way would involve some sort of middle ground', in which the regulatory role of governments might be revitalised, greater attention might be given to social issues, and the emergence of a more national' or possibly post crisis regional ... institutions have proved reactively leaden footed by comparison with the speed at which markets operate. The IFIs have been found wanting in both theory and practice by the events in East Asia. At ...

• Word Count: 9082
• Approx Pages: 36
• Grade Level: Undergraduate