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Financial crisis in Asia Hearing before the Subcommittee on Asia and the Pacific and International Economic Policy and Trade of the Committee on International ... Congress, second session, February 4, 1998 by United States

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Published by For sale by the U.S. G.P.O., Supt. of Docs., Congressional Sales Office .
Written in English


Book details:

The Physical Object
Number of Pages135
ID Numbers
Open LibraryOL7376996M
ISBN 100160564417
ISBN 109780160564413

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The book promises to be one of the timeliest as well as one of the most complete treatments of the Asian financial crisis and its implications for future policymaking. Read more Read less click to open Format: Hardcover. The book promises to be one of the timeliest as well as one of the most complete treatments of the Asian financial crisis and its implications for future policymaking. Read more Read less click to open Format: Paperback. This book provides a sweeping, up-to-date, and boldly 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 Cited by: The book argues the case for the introduction of unemployment insurance, the expansion of social assistance, and the strengthening of active labor market policies. The policy issues raised are of relevance not only to the crisis-affected Asian countries but also to other emerging economies that are facing similar challenges in an era of rapid economic and financial Cited by: 6.

Summary This book analyzes the Asian financial crisis of In addition to the issues of financial system restructuring, export-led recovery, crony capitalism, and competitiveness in Asian manufacturing. This book analyzes the social impact of the Asian financial crisis and its policy implications. It documents the severe rise in unemployment and its repercussions in the worst-affected countries. This book demonstrates how Asian countries tried to minimize the impact of the global financial crisis, identifies structural weaknesses in their economies, and discusses policy options for strengthening Asian economies to avoid future crises . This book aims to identify and analyze the impact of the global financial crisis on Asian economies. This book aims to identify and analyze the impact of the global financial crisis on Asian economies and to assess the short-term and longer-term policy responses to the crisis .

This book analyzes the Asian financial crisis of In addition to the issues of financial system restructuring, export-led recovery, crony capitalism, and competitiveness in Asian manufacturing, it 4/5.   In the aftermath of the Asian financial crisis of , many expected the affected countries to reform and restructure their financial systems, and become more market-driven. As such, there was an expectation that Asian economies 4/5. The Asian financial crisis of shook the foundations of the global economy and what began as a localised currency crisis soon engulfed the entire Asian region. This book explores what went wrong and how did the Asian Cited by: The East Asian financial crisis is remarkable in several ways. The crisis hlt the most rapidly growing economies in the world and prompted the largest financial bailouts in history. It is the sharpest financial crisis to hit the developing world since the debt crisis. It is the least anticipated financial crisis Cited by: