Author : Yung Chul Park
Publisher : Harvard University Press
Page : 375 pages
File Size : 22,37 MB
Release : 2021-03-30
Category :
ISBN : 9780674251281
Korea's financial development has been a tale of liberalization and opening but the new system has failed to steer the country away from financial crises. This study analyzes the changes in the financial system and finds that financial liberalization has contributed little to grow and stabilize the Korean economy.
Author : Mohamed Ariff
Publisher : Edward Elgar Publishing
Page : 552 pages
File Size : 24,20 MB
Release : 2000-01-01
Category : Business & Economics
ISBN : 9781781952733
This work examines the effects of financial liberalization of the more advanced economies in Southeast Asia and analyses the degree to which emerging and transitional economies in East and South Asia can benefit from this example.
Author : Carl-Johan Lindgren
Publisher :
Page : 103 pages
File Size : 47,49 MB
Release : 1999
Category : Business & Economics
ISBN : 9781557758712
An IMF paper reviewing the policy responses of Indonesia, Korea and Thailand to the 1997 Asian crisis, comparing the actions of these three countries with those of Malaysia and the Philippines. Although all judgements are still tentative, important lessons can be learned from the experiences of the last two years.
Author : H. Chang
Publisher : Springer
Page : 307 pages
File Size : 46,9 MB
Release : 2001-06-11
Category : Business & Economics
ISBN : 0230518621
The financial crisis that hit a number of 'miracle' economies of Asia in 1997 shocked the world. Financial Liberalization and the Asian Crisis rejects conventional explanations of the crisis as the outcome primarily of inefficient and corrupt economics systems in the countries concerned. It argues that the crisis was the result of premature and overly rapid financial liberalization in a world of increasing financial liquidity and volatility, and calls for a more cautious approach to financial liberalization, and a reform of the international financial architecture.
Author : T. J. Pempel
Publisher : Cornell University Press
Page : 306 pages
File Size : 45,26 MB
Release : 1999
Category : Business & Economics
ISBN : 9780801486340
The authors analyze the reasons why the crisis affected the nations of Asia in radically different ways. They also consider whether the crisis indicates a radical change in Asia's economic future.
Author : Gregory W. Noble
Publisher : Cambridge University Press
Page : 322 pages
File Size : 47,45 MB
Release : 2000-09-11
Category : Business & Economics
ISBN : 9780521794220
An examination of the political and economic causes and consequences of the Asian financial crises.
Author : Jomo Kwame Sundaram
Publisher : Hong Kong University Press
Page : 276 pages
File Size : 47,63 MB
Release : 1998-01-01
Category : Capital market
ISBN : 9789622094758
This important book provides a cogent critique of the nature of Southeast Asian capitalism. It argues powerfully that the crises are due not to excessive regulation, but to too much financial liberalisation and a consequent undermining of monetary and fis
Author : Ms.Kalpana Kochhar
Publisher : International Monetary Fund
Page : 56 pages
File Size : 18,34 MB
Release : 1998-09-01
Category : Business & Economics
ISBN : 1451935544
This paper reviews macroeconomic developments during the first year of the crisis in east Asia and draws some preliminary policy lessons. The crisis is rooted in the interaction of large capital inflows and weak private and public sector governance. At the same time, macroeconomic adjustment in these countries has resulted in some surprising outcomes, including severe economic contractions, low inflation, and rapid external adjustment. The lessons for crisis resolution include the importance of tight monetary policy early on for exchange rate stabilization, flexible fiscal policy, and comprehensive structural reform. Crises are avoided by prudent macroeconomic policies, diligent bank supervision, transparent data dissemination, strong governance, and forward-looking policymaking, even in good times.
Author : Chung H. Lee
Publisher : Routledge
Page : 292 pages
File Size : 35,21 MB
Release : 2003-08-29
Category : Business & Economics
ISBN : 113444334X
What brought about a financial crisis in the "miracle" economies of Asia? What went wrong with financial reform in Asia? What can the developing countries of the world learn from the reform experiences in Asia? Financial Liberalization and the Economic Crisis in Asia analyses how financial liberalization was undertaken in eight Asian countries and how it might be linked to the subsequent crises. The country studies focus on China, India, Indonesia, Japan, Malaysia, the Philippines, South Korea and Thailand.
Author : Padma Desai
Publisher : Princeton University Press
Page : 326 pages
File Size : 44,17 MB
Release : 2003
Category : Business & Economics
ISBN : 9780691113920
A sweeping critical account of the financial crises that rocked East Asia and other parts of the world beginning with the collapse of the Thai baht in 1997. Padma Desai retraces the story of Asia's "Crisis Five"--Indonesia, Malaysia, South Korea, the Philippines and Thailand.
