In the summer of 1997, a tidal wave of economic problems swept across Asia. Currencies plummeted, banks failed, GNP stagnated, unemployment soared, and exports

This book analyzes the Asian financial crisis of 1997-1999. In addition to the issues of financial system restructuring, export-led recovery, crony capitalism,

This study not only examines the countries most severely affected by the Asian financial crisis, but also draws lessons from those whose economies escaped the w

The financial crisis that swept across East Asia during 1997-1998 was devastating not only in its economic impact but also in its social and political effects.

In the late 1990s, Korea, Thailand, Indonesia and Malaysia experienced a series of major financial crises evinced by widespread bank insolvencies and currency d