Asian Development ReviewZhuang, J. and M. Dowling (2002) "Causes of the 1997 Finanicial Asian crisis: what can an Early Warning System model tell us?", Asian De- velopment Bank policy brief, no 7.Zhuang, J., and M. Dowling. (2002) "Causes of the 1997 Asian financial crisis: what ...
The Asian Financial Crisis is a crisis caused by the collapse of the currency exchange rate and hot money bubble. It started in Thailand in July 1997 and swept over East and Southeast Asia. The financial crisis heavily damaged currency values,stock markets, and other asset prices in many East...
The Asian financial crisis, also called the “AsianContagion,” was a sequence ofcurrency devaluationsand other events that began in July 1997 and spread across Asia. The crisis started in Thailand when the government ended the local currency’s de factopegto the U.S. dollar after depleting mu...
Journal of the Asia Pacific EconomyBello, Walden (1999). "The Asian Financial Crisis: Causes, Dynamics, Prospects", Journal of the Asia Pacific Economy, 4(1), pp.33-55.Bello, Walden. 1999. "The Asian Financial Crisis: Causes, Dynamics, Prospects." Journal of the Asia Pacific Economy 4 ...
Asian Crisis of 1997–1998.This crisisstarted in July 1997 with the collapse of the Thai baht. Lacking foreign currency, the Thai government was forced to abandon its U.S. dollar peg and let the baht float. The result was a huge devaluation that spread to much of East Asia, also hitting...
Capital Mobility, Exchange Rate Instability and Contagious Credit Crunches: The Causes and Spread of the Asian Financial CrisisThe Asian financial crisis led to eighty million new cases of absolute poverty being recorded in only six months after the first of the region's currency depreciations (IMF...
What were the main causes of the Asian financial crisis in 1997? What role did exchange rates play in the crisis? What were the economic challenges after World War I? How did moral hazard and adverse selection contribute to the Great Depression?
Goldstein - The Asian Financial Crisis; Causes, Cures, and Systemic Implications (1998)金融危机研究资料 2 星级: 36 页 Goldstein - The Asian Financial Crisis; Causes, Cures, and Systemic Implications (1998) 星级: 155 页 Goldstein - The Asian Financial Crisis; Causes, Cures, and Systemic...
Abstract: A significant body of economic literature considers the collapse of Thailand's financial market as one of the causes of the Asian financial crisis during the years 1997-1998. The phenomenon subsequently raises the question of whether the stock market of Thailand at the time was working ...
Other examples of Minsky Moments include the Dotcom Bubble in the late 1990s and the Asian Financial Crisis in 1997. In both cases, excessive optimism, overinvestment in technology stocks, and fragile financial systems led to sudden market collapses and economic turmoil. ...