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Table of contents (5 chapters)
Keywords
About this book
In the first decade of the twenty-first century, the biggest event of worldwide proportion was the 2008 global financial crisis, which was caused primarily by ineffective governance, failed surveillance systems, and implementation flaws. Â While fiscal and monetary policies succeeded in pulling many countries out of a financial freefall, most economies have performed beneath pre-recession levels as governments continued to struggle with their finances.
   Examining the financial crisis from the viewpoint of intangible assets provides a different perspective from traditional economic approaches. National Intellectual Capital (NIC), comprised mainly of human capital, market capital, process capital, renewal capital, and financial capital, is a valuable intangible asset and a key source of national competitive advantage in today’s knowledge economy.  The authors—pioneers in the field—present extensive data and a rigorous conceptual framework to analyze the connections between the global financial crisis and NIC development. Covering the period from 2005 to 2010 across 48 countries, the authors establish a positive correlation between NIC and GDP per capita and consider the impact of NIC investment for short-term recovery and long-term risk control and strategy formulation.
Each volume in a series of SpringerBriefs on NIC and the financial crisis provides in-depth coverage of the impact of the crisis, the aftermath, future prospects, and policy implications for a regional cluster. This volume focuses on Indonesia, Malaysia, The Philippines, and Thailand.Authors and Affiliations
Bibliographic Information
Book Title: National Intellectual Capital and the Financial Crisis in Indonesia, Malaysia, The Philippines, and Thailand
Authors: Carol Yeh-Yun Lin, Leif Edvinsson, Jeffrey Chen, Tord Beding
Series Title: SpringerBriefs in Economics
DOI: https://doi.org/10.1007/978-1-4614-7943-7
Publisher: Springer New York, NY
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: The Author(s) 2014
Softcover ISBN: 978-1-4614-7942-0Published: 30 August 2013
eBook ISBN: 978-1-4614-7943-7Published: 30 August 2013
Series ISSN: 2191-5504
Series E-ISSN: 2191-5512
Edition Number: 1
Number of Pages: XXXI, 111
Number of Illustrations: 27 illustrations in colour
Topics: Economic Growth, Economic Policy, R & D/Technology Policy, Regional/Spatial Science