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Asia Local Government In Transition Jan 00
Standard & Poors, Jan 2000
Abstract
As Asia enters what many once expected to be the 'Pacific Century,' government officials, bankers, and company managers are still reeling from the recent financial crisis and are struggling to climb out of the sharp recession many fell into in the wake of collapsing currencies. Today, conditions in the region vary widely by country. Given Asia's enormous size and ethnic and cultural diversity, calling it a region stretches the meaning of the word. Asia has the world's highest mountains, a large percentage of its islands, and hundreds of languages and dialects. Governmental systems range from some of the most autocratic to some of the most democratic. Northern Asia's long Confucian heritage fostered a tradition of idealized government administrators, while in...
Companies mentioned in this report are: Australia (Commonwealth of) (Unsolicited Ratings),International Bank for Reconstruction and Development,New Zealand,Sweden (Kingdom of),France (Republic of) (Unsolicited Ratings),Japan (Unsolicited Ratings),Spain (Kingdom of),Germany (Federal Republic of) (Unsolicited Ratings),Italy (Republic of) (Unsolicited Ratings),Malaysia,Thailand (Kingdom of),Korea (Republic of),Singapore (Republic of) (Unsolicited Ratings),United States of America (Unsolicited Ratings),Taiwan (Republic of China) (Unsolicited Ratings),India (Republic of) (Unsolicited Ratings),China (People's Republic of ),Vietnam (Socialist Republic of)
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Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
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