The Asian Financial Crisis

The Asian Financial Crisis
Author :
Publisher : Peterson Institute
Total Pages : 236
Release :
ISBN-10 : 088132261X
ISBN-13 : 9780881322613
Rating : 4/5 (1X Downloads)

Book Synopsis The Asian Financial Crisis by : Morris Goldstein

Download or read book The Asian Financial Crisis written by Morris Goldstein and published by Peterson Institute. This book was released on 1998 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: The turmoil that has rocked Asian markets since the middle of 1997, and that is now having such deep effects on the economies in the region, is the third major currency crisis of the 1990s. This study explains how the Asian crisis arose and spread. It then outlines the corrective policy measures that could help end the crisis, and the shortcomings that have been revealed in the international financial system that require reform to reduce the chances of a recurrence.


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It is interesting to note that after two years of recession in East Asia, almost all the countries in this region are rising again. In the wake of that sudden o