financial crisisThis paper attempts to confront various theoretical and empirical approaches to the East Asian currency crisis in 1997, but also with emphasis on two recently dominated literature about East Asian financial crisis. One, strongly supported by Corsetti, et. al (1998) stresses fundamental...
Against the Consensus: What Caused the 2008–9 Global Crisis? JY Lin 被引量: 0发表: 2013年 International Financial Contagion While the Asian financial crisis spread to Russia and Brazil, the transition economies in Central and Eastern Europe (CEECs) are largely unaffected by inte... M Chui,...
The Thai Baht became the focus of economic observers in 1997 when Thailand was the epicenter of theAsian financial crisis. It began after the Bank of Thailand was forced to abandon the Thai Baht pegging to theU.S. dollar(USD). This un-pegging caused the currency to collapse and instigated ...
The Asian Financial Crisis Question a) The so-called Asian financial crisis provided some valuable lessons about nation-state and global financial systems. What are some of those lessons? The Asian Financial Crisis was happened start from Thailand in 1997. It is caused by the outflow of foreig...
In retrospect, the Asian financial crisis was the canary in the coal mine that global leaders failed to recognise. While both the Asian crisis and the current one were the product of excessive leverage, moral hazard and poor risk management, the lessons drawn from each appear to be rather dif...
as the country devalued the ruble. This downturn came on the heel of—and was in some part brought about by—theAsian financial crisisof the same decade. The Asian crisis was a series of currency devaluations by many nations throughout Asia that sent shock waves around the financial globe....
Finanical Instability, Regulatory Reforms and Bank Governance - Lessons from the East-Asian Financial Crisis Purpose – The purpose of this research project is to explore the research question – how does the pursuit of agenda of regulatory reforms, post the crisi... Yanamandra,Srinivas - 《Unive...
In the wake of the 1997 Asian financial crisis, various reform initiatives, policies and programmes have been carried out in different countries within the Asia-Pacific region. All these reform efforts aim to restructure different aspect... CHC Ng 被引量: 3发表: 2009年 LABOR SHORTFAIL in Hong...
As an important export destination, measures such as tariff hikes in the past have often caused anxiety or even panic in related domestic industries. Although the discussion about this tariff increase is still heated, there is no longer a sense of "panic." Moreover, at least for the highly...
Moreover, Rubin adds insult to injury in the Asian Financial Crisis, by using the IMF as a club to enact far reaching reforms on nations seeking aid. The lesson learned – never, ever run a current account deficit. Accumulating massive reserves is the absolute only way to guarantee you can...