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The Asian financial crisis : origins, implications, and solutions by Karin Lissakers (auth.), William C. Hunter, George G. Kaufman, Thomas H. Krueger (eds.) is a nonfiction available to read on EtoBox.

What is The Asian financial crisis : origins, implications, and solutions about?

In the late 1990s, Korea, Thailand, Indonesia and Malaysia experienced a series of major financial crises evinced by widespread bank insolvencies and currency depreciations, as well as sharp declines in gross domestic production. This sudden disruption of the Asian economic `miracle' astounded many observers around the world, raised questions about the stability of the international financial system and caused widespread fear that this financial crisis would spread to other countries. What has been called the Asian crisis followed a prolonged slump in Japan dating from the early 1980s and came after the Mexican currency crisis in the mid-1990s. Thus, the Asian crisis became a major policy concern at the International Monetary Fund as well as among developed countries whose cooperation in dealing with such financial crises is necessary to maintain the stability and efficiency of global financial markets. This book collects the papers and discussions delivered at an October 1998 Conference co-sponsored by the Federal Reserve Bank of Chicago and the International Monetary Fund to examine the causes, implications and possible solutions to the crises. The conference participants includ

Who reads The Asian financial crisis : origins, implications, and solutions?

Author

Karin Lissakers (auth.), William C. Hunter, George G. Kaufman, Thomas H. Krueger (eds.)

Publisher

Springer Science+Business Media

Published

1999

Language

EN

ISBN

9781461551553

Category

nonfiction

Subjects

Science, Economics, Business